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Pacesetter Plaza 1000-1058 E 162nd St
907 - 2,122 SF of Retail Space Available in South Holland, IL 60473
Highlights
- Living in South Holland offers residents a rural feel and most residents own their homes.
- Many young professionals live in South Holland and residents tend to be liberal.
- n South Holland, there are a lot of parks.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1024 | 907 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $14,512 /YR $1,209 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 106BC | 1,215 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $19,440 /YR $1,620 /MO | Triple Net (NNN) |
1000-1058 E 162nd St - 1st Floor - Ste 1024
Adjacent to ALDI Located within TIF district Stong mix of National and Local tenants including freestanding Little Caesars with drive-thru Heavily traveled 162nd Street has over 37,000 VPD Highly visible site with 575 feet of frontage Multiple pylon signs on 162nd Street Less than a 1/4 mile from I55 (143,000 VPD).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1000-1058 E 162nd St - 1st Floor - Ste 106BC
Adjacent to ALDI Located within TIF district Stong mix of National and Local tenants including freestanding Little Caesars with drive-thru Heavily traveled 162nd Street has over 37,000 VPD Highly visible site with 575 feet of frontage Multiple pylon signs on 162nd Street Less than a 1/4 mile from I55 (143,000 VPD).
- Lease rate does not include utilities, property expenses or building services
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 FOR 1000-1058 E 162nd St , South Holland, IL 60473
| Center Type | Neighborhood Center | Frontage | 438’ on E 162nd St |
| Parking | 167 Spaces | Gross Leasable Area | 36,154 SF |
| Stores | 14 | Total Land Area | 2.71 AC |
| Center Properties | 2 | Year Built | 1965 |
| Center Type | Neighborhood Center |
| Parking | 167 Spaces |
| Stores | 14 |
| Center Properties | 2 |
| Frontage | 438’ on E 162nd St |
| Gross Leasable Area | 36,154 SF |
| Total Land Area | 2.71 AC |
| Year Built | 1965 |
About the Property
Located only 20 miles from Downtown Chicago, South Holland is easily accessible through all major interstates. Pacesetter Plaza boasts a population of 222,624 and has over 900 businesses within 5 miles. The trade area has generated over $1 Billion in retail sales in past years. There is also a large student population from South Suburban College and Thornwood HS. Tenant mix includes national and local retailers including Family Dollar, Allstate, Subway, Harold's, and more. Pacesetter Plaza is easily accessible from I94 with a clover leaf on/off ramp heading North and South.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Pacesetter Plaza | 1000-1058 E 162nd St
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