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Forest Square 840 S Waukegan Rd 1,155 - 4,645 SF of Space Available in Lake Forest, IL 60045
HIGHLIGHTS
- Diverse Retail & Office Tenant Mix Including School, Dance Academy, Starbucks, Lou Malnati's & Jimmy John's
- High Traffic Retail Center
- Common Areas Beautifully Renovated in 2023
- Immediate Restaurants and Service Retail for Office Tenants
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 211 | 3,490 SF | 9’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 2nd Floor, Ste 212 | 1,155 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor, Ste 211
Beautiful open floor plan with excellent natural light. Well suited in its existing configuration for a cubicle heavy use, but can be further demised with additional private offices to suit a variety of requirements. Space is currently furnished and wired for an open floorplan use. Plug and play opportunity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 9 - 28 People
- Finished Ceilings: 9’
- Space is in Excellent Condition
- Plug & Play
- Central Air and Heating
- Elevator Access
- Fully Carpeted
- Drop Ceilings
- Natural Light
- Emergency Lighting
- Open-Plan
- Wheelchair Accessible
- Excellent Visibility off Waukegan Road
- Great Window Line
2nd Floor, Ste 212
Former Physical Therapy office in excellent condition. Two exam rooms, kitchenette, reception area and open space for larger therapy equipment. Also suitable for general office use.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- After Hours HVAC Available
- Emergency Lighting
- Excellent Window Line
- Existing Exam Rooms and Kitchenette
- Located Just Off Second Floor Main Lobby
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 FOREST SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Everett Farms
- Restaurant
- 1
- Local
- Fusion Academy
- Other Services
- 109
- National
- Good Speed Logistics
- Other Services
- 1
- International
- La Beau Te'
- Salon/Barber/Spa
- 1
- Local
- Lomastro Performing Arts Academy
- Dance
- 1
- Local
- Women's Specialty Care
- MD/DDS
- 4
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Everett Farms | Restaurant | 1 | Local |
| Fusion Academy | Other Services | 109 | National |
| Good Speed Logistics | Other Services | 1 | International |
| La Beau Te' | Salon/Barber/Spa | 1 | Local |
| Lomastro Performing Arts Academy | Dance | 1 | Local |
| Women's Specialty Care | MD/DDS | 4 | Local |
PROPERTY FACTS
| Total Space Available | 4,645 SF | Gross Leasable Area | 53,327 SF |
| Property Type | Retail | Year Built/Renovated | 2008/2023 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.39/1,000 SF |
| Total Space Available | 4,645 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 53,327 SF |
| Year Built/Renovated | 2008/2023 |
| Parking Ratio | 3.39/1,000 SF |
ABOUT THE PROPERTY
This beautiful mixed use retail and office building offers a one-of-a-kind ecosystem within the Western CBD of Lake Forest, IL. Office tenants include high traffic users driving a steady stream of customers to first floor retail and includes a large dance academy (LoMastro Performing Arts), a large private school (Fusion Academy) and various medical and medical adjacent users. Retail tenants within the system feed the office space with immediate amenities and each other with appeal to the same customer base and includes Starbucks, Everett Farms Restaurant, Jimmy John's, Lou Malnati's Pizza, Superior Pilates and North Shore Lashes. Synergy is a buzz word that is tossed around frivolously in many cases; but is 100% applicable for Forest Square!
- 24 Hour Access
- Pylon Sign
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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Forest Square | 840 S Waukegan Rd
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