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Thatcher Woods Shopping Center 8251-8361 N Belmont Ave 1,166 - 32,744 SF of Retail Space Available in River Grove, IL 60171
Highlights
- Prime anchor space with flexible divisibility
- Strong co-tenancy with leading national retailers
- Dense population and affluent demographics within five miles
- Exceptional visibility at a high-traffic intersection
- Newly renovated façade for modern appeal
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 17,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 4B | 14,078 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5 | 1,166 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
8251-8359 W Belmont Ave - 1st Floor - Ste 3
8251-8359 W Belmont Ave - 1st Floor - Ste 4B
Anchor space, divisible, brand-new façade
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
8251-8359 W Belmont Ave - 1st Floor - Ste 5
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Thatcher Woods Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Binny's Beverage Depot
- Liquor
- 40
- Local
- D'agostino's-River Grove
- Restaurant
- 1
- Local
- dd's Discounts
- Unisex Apparel
- 385
- National
- Rich's Fresh Market
- Supermarket
- 1
- Local
- Ross Dress for Less
- Retailer
- -
- -
- Walgreens
- Drug Store
- 9,053
- International
| Tenant | Description | US Locations | Reach |
| Binny's Beverage Depot | Liquor | 40 | Local |
| D'agostino's-River Grove | Restaurant | 1 | Local |
| dd's Discounts | Unisex Apparel | 385 | National |
| Rich's Fresh Market | Supermarket | 1 | Local |
| Ross Dress for Less | Retailer | - | - |
| Walgreens | Drug Store | 9,053 | International |
Property Facts
About the Property
Position your business in Thatcher Woods Center, a vibrant retail destination strategically located at the high-traffic intersection of Cumberland and Belmont in River Grove, Illinois. This center boasts a brand-new façade and offers a prime anchor space of 14,078 SF, divisible for flexible configurations. With 183 feet of frontage and multiple access points controlled by two traffic signals, visibility and convenience are unmatched. The property is surrounded by a strong retail lineup, including national brands such as Ross Dress for Less, dd’s Discounts, Binny’s Beverage Depot, Rich’s Fresh Market, and Walgreens, ensuring steady foot traffic and complementary co-tenancy. The intersection sees an impressive 45,500 vehicles per day, and the center benefits from phenomenal demographics: over 608,000 residents within a five-mile radius and an average household income exceeding $112,000. Daytime population reaches 551,000, creating a robust customer base for retailers and service providers alike. Located just minutes from major Chicago thoroughfares, Thatcher Woods Center offers easy access for commuters and shoppers. The surrounding area features dense residential neighborhoods and thriving businesses, making this an ideal location for expanding your brand presence in a dynamic market.
- Banking
- Restaurant
- Signage
Nearby Major Retailers
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Thatcher Woods Shopping Center | 8251-8361 N Belmont Ave
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