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Algonquin Galleria Randall Rd 30,078 SF of Retail Space Available in Algonquin, IL 60102
HIGHLIGHTS
- Outlot building on Randall Rd & County Line Rd in Algonquin. Dual Signage available on building. Join Best Buy and La-Z-boy and JoAnn Fabrics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1561 | 30,078 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $587,811 CAD/YR $48,984 CAD/MO | TBD |
1543-1565 S Randall Rd - 1st Floor - Ste 1561
Outstanding opportunity to be located at the premier retail intersection of Randall Rd. and County Line Rd. in Algonquin’s 2,000,000 square foot retail node Located across the street from Algonquin Commons, a premier 600,000 SF lifestyle center anchored by Trader Joe’s, Nordstrom Rack, Barnes & Noble, Pottery Barn and Walmart Supercenter Join JoAnn Fabrics, LaZBoy, Bowlero, Golden Corral, Lone Star Steakhouse, Potbelly’s, Athletico, Deli-4-U, Hassleless Mattress Adjacent to the Enclave, a 74 acre mixed-use development to be anchored by Cooper’s Hawk, BJ’s Brewhouse Raising Cane’s and Portillo’s Affluent trade area boasts average household incomes of $100,000+ Traffic counts are 33,000 VPD
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 ALGONQUIN GALLERIA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Athlectico
- -
- -
- -
- Baird Warner
- -
- -
- -
- Deli 4 You
- Retailer
- -
- -
- La - Z - Boy Showcase Shoppe
- -
- -
- -
- Lucky Strike
- Arts, Entertainment, and Recreation
- -
- -
- Picklehaus
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Athlectico | - | - | - |
| Baird Warner | - | - | - |
| Deli 4 You | Retailer | - | - |
| La - Z - Boy Showcase Shoppe | - | - | - |
| Lucky Strike | Arts, Entertainment, and Recreation | - | - |
| Picklehaus | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
| Total Space Available | 30,078 SF | Frontage | |
| Center Type | Lifestyle Center | Gross Leasable Area | 215,887 SF |
| Parking | 2030 Spaces | Total Land Area | 22.96 AC |
| Center Properties | 9 | Year Built | 2008 |
| Total Space Available | 30,078 SF |
| Center Type | Lifestyle Center |
| Parking | 2030 Spaces |
| Center Properties | 9 |
| Frontage | |
| Gross Leasable Area | 215,887 SF |
| Total Land Area | 22.96 AC |
| Year Built | 2008 |
ABOUT THE PROPERTY
The Algonquin Galleria - a prime retail center located at the southeast corner of Randall Rd and County Line Rd. Unit 1515 S. Randall Rd - 1700 SF endcap, wide open space with a single bathroom, storage area and ready for occupancy. Dual signage on the facade. in a freestanding outlot building. Co- tenants in the outlot building are PotBelly, Athletico and Haselless Mattress Unit 1561 S. Randall Rd - 30,078 SF, former Best Buy Space. Open 22 Ft ceilings, Two bathrooms, offices, truck dock, overhead doors.Temporary tenant in place who will relocate with 60 days notice. Join La-z-boy, Baird & Warner, Fox River Spa, Longhorn STeak House, Sleep Number, Lucky Strike , Picklehaus and Deli 4 You Located across from Algonquin Commons - 600,000 Lifestyle Center and WalMart Super Center.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Algonquin Galleria | Randall Rd
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