Your email has been sent.
Oak Brook Commons Spring Rd 9,023 SF of Retail Space Available in Oak Brook, IL 60523
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,023 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1120 22nd St - 1st Floor
Restaurant space
- Space is an outparcel at this property
- Space is in Excellent Condition
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.
PROPERTY FACTS
| Total Space Available | 9,023 SF | Center Properties | 6 |
| Center Type | Lifestyle Center | Gross Leasable Area | 27,051 SF |
| Parking | 466 Spaces | Total Land Area | 5.07 AC |
| Stores | 9 | Year Built | 2021 |
| Total Space Available | 9,023 SF |
| Center Type | Lifestyle Center |
| Parking | 466 Spaces |
| Stores | 9 |
| Center Properties | 6 |
| Gross Leasable Area | 27,051 SF |
| Total Land Area | 5.07 AC |
| Year Built | 2021 |
ABOUT THE PROPERTY
Oak Brook Commons is a mixed-used development serving the western suburbs of Chicago. The development will consist of 50,000 SF of retail, 320,000 SF of office space, 250 rental apartments, 104 condo units, and a 252-room hotel, all situated on 17.5 acres. There will be an abundance of surface and deck parking at the development, along with great access from the market — 2 traffic signals and 3 full-access points.
NEARBY MAJOR RETAILERS
Presented by
Oak Brook Commons | Spring Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.