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The Orchard Crossing Center 1037-1061 W Orchard Rd
1,622 - 3,391 SF of Retail Space Available in North Aurora, IL 60542
Highlights
- Endcap Retail Available with Drive Thru
- Upscale Demographics - Average Incomes over $170,000
- Anchored by Crave, Rush Copley, and Brothers Chimp
- 27,000 VPD on Orchard Rd
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1037 | 1,769 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1039 | 1,622 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $3,244 /MO $38,928 /YR | Triple Net (NNN) |
1st Floor, Ste 1037
Endcap retail space with drive thru, currently occupied by Earthmover Credit Union. Ideal for drive thru uses including QSR/coffee house, financial services, pharmacy, and dry cleaner. Can be combined with adjacent 1,622 SF retail unit for up to 3,391 SF. Strong TI available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Drive Thru
- Endcap with Existing Drive Thru
- Close to I-88
- Visibility from Randall Rd and Orchard Rd
1st Floor, Ste 1039
Retail space last occupied by Orchard Liquors. Open layout ideal for retail, service, and medical uses. Can be combined with adjacent endcap unit for up to 3,391 SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 1037-1061 W Orchard Rd , North Aurora, IL 60542
| Property Type | Retail | Year Built | 2012 |
| Gross Leasable Area | 21,476 SF | Parking Ratio | 6.1/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 21,476 SF |
| Year Built | 2012 |
| Parking Ratio | 6.1/1,000 SF |
About the Property
Busy upscale strip center with excellent visibility on Orchard Rd in North Aurora. The property is anchored by Crave Hotdogs and BBQ, Rush Copley Convenient Care, Brothers Chimp Brewing and Nail Spa Couture. It is shadow anchored by The Turf Room. The location north of a full I-88 interchange gives the center strong reach across the area, putting more than 180,000 residents living within a 15 minute drive. Strong demographics with average incomes exceeding $170,000 in immediate area. The center is supported by additional area retailers including Aldi, Woodmans, Pet Supplies Plus, Target, and North Aurora Auto Mall. The Orchard Crossing Center is positioned on Orchard Road just west of Randall Road in North Aurora, and 2.4 miles north of the full interchange at I-88. The property is surrounded by new residential development including single family homes, luxury apartments and townhomes expanding the existing affluent residential population.
-
Joel Miller -
SVN | Landmark Commercial Real Estate
Presented by
The Orchard Crossing Center | 1037-1061 W Orchard Rd
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