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Town Square Wheaton 11-421 Town Square

1,754 - 30,892 SF of Space Available in Wheaton, IL 60187

Highlights

  • Heavy Daytime Traffic
  • Tons of Parking
  • Medical Co-Tenancy
  • Community-Focused Event Schedules
  • Great Mix of Local and National Retailers
  • Multiple Points of Entry

Space Availability (5)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 021
  • 1,754 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $49,112 /YR $4,093 /MO
  • Triple Net (NNN)
1-87 Town Sq - 1st Floor - Ste 021
Space Use
Medical
Condition
Partial Build-Out
Availability
Now

Former Salon Space with significant plumbing infrastructure in place. 519sf of space is mezzanine level, and premises already has a large reception area in place.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Medical Space
  • Mostly Open Floor Plan Layout
  • Reception Area
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • After Hours HVAC Available
  • Emergency Lighting
  • Existing Plumbing
  • Mezzanine Space
  • High Ceilings
  • Signage Facing Interior of Community Center
  • 1st Floor, Ste 131-151
  • 6,200-15,437 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $432,236 /YR $36,020 /MO
  • Triple Net (NNN)
91-301 Town Sq - 1st Floor - Ste 131-151
Space Use
Medical
Condition
Shell Space
Availability
Now

Former retail space with signage opportunity facing both the interior of the community center as well as Blanchard St and Wheaton Park District Community Center and Rice Pool & Water Park, which sees over 1 million annual visitors. There is also an isolated parking lot directly in front of the space that could accommodate a significant amount of reserved parking or valet service for patients. Space has a full basement which could be used for a multitude of tenant-friendly options ranging from ease of access for plumbing/infrastructure work all the way to creating a true 2-story space by carving out a large portion of the existing floor plate to open the space up.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Corner Space
  • High Ceilings
  • After Hours HVAC Available
  • Emergency Lighting
  • Basement
  • Corner Unit
  • Signage Facing Over 1 Million Annual Visitors
  • Full Basement
  • Significant Existing Power Infrastructure
  • 1st Floor, Ste 221
  • 3,800 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $106,400 /YR $8,867 /MO
  • Triple Net (NNN)
91-301 Town Sq - 1st Floor - Ste 221
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

3,800 SF office/medical space for lease.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air and Heating
  • High Ceilings
  • After Hours HVAC Available
  • Basement
  • Open-Plan
  • Existing Plumbing
  • Mezzanine Space
  • Signage within Center
  • 1st Floor, Ste 355
  • 6,710 SF
  • Negotiable
  • $35.00 /SF/YR $2.92 /SF/MO $234,850 /YR $19,571 /MO
  • Triple Net (NNN)
311-391 Town Sq - 1st Floor - Ste 355
Space Use
Medical
Condition
Shell Space
Availability
Now

Former Barnes & Noble currently in "shell" condition. This space offers tremendous signage opportunity that will be visible from both Naperville Rd and East Loop Rd. Plenty of parking is available directly in front of the entry to the premises.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Space In Need of Renovation
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • After Hours HVAC Available
  • Corner Unit
  • High Ceilings
  • Great Signage
  • 3rd Floor, Ste 301
  • 3,191 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $79,775 /YR $6,648 /MO
  • Modified Gross
55 E Loop Rd - 3rd Floor - Ste 301
Space Use
Office/Medical
Condition
Partial Build-Out
Availability
Now

Space currently built out as Office/Medical with Reception, 2 plumbed exam rooms, 5 private offices, 2 restrooms, conference room, employee break room, large open area, and storage

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Medical Space
  • Office intensive layout
  • Central Air and Heating
  • Corner Space
  • After Hours HVAC Available
  • Common Parts WC Facilities
  • Corner Unit with Great Window Line
  • Ample Parking
  • Updated Lobby / Common Areas
  • Well Capitalized and Motivated Ownership
Space Size Term Rental Rate Rent Type
1st Floor, Ste 021 1,754 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $49,112 /YR $4,093 /MO Triple Net (NNN)
1st Floor, Ste 131-151 6,200-15,437 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $432,236 /YR $36,020 /MO Triple Net (NNN)
1st Floor, Ste 221 3,800 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $106,400 /YR $8,867 /MO Triple Net (NNN)
1st Floor, Ste 355 6,710 SF Negotiable $35.00 /SF/YR $2.92 /SF/MO $234,850 /YR $19,571 /MO Triple Net (NNN)
3rd Floor, Ste 301 3,191 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $79,775 /YR $6,648 /MO Modified Gross

1-87 Town Sq - 1st Floor - Ste 021

Size
1,754 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $49,112 /YR $4,093 /MO
Rent Type
Triple Net (NNN)
Space Use
Medical
Condition
Partial Build-Out
Availability
Now

Former Salon Space with significant plumbing infrastructure in place. 519sf of space is mezzanine level, and premises already has a large reception area in place.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Medical Space
  • Mostly Open Floor Plan Layout
  • Reception Area
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • After Hours HVAC Available
  • Emergency Lighting
  • Existing Plumbing
  • Mezzanine Space
  • High Ceilings
  • Signage Facing Interior of Community Center

91-301 Town Sq - 1st Floor - Ste 131-151

Size
6,200-15,437 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $432,236 /YR $36,020 /MO
Rent Type
Triple Net (NNN)
Space Use
Medical
Condition
Shell Space
Availability
Now

Former retail space with signage opportunity facing both the interior of the community center as well as Blanchard St and Wheaton Park District Community Center and Rice Pool & Water Park, which sees over 1 million annual visitors. There is also an isolated parking lot directly in front of the space that could accommodate a significant amount of reserved parking or valet service for patients. Space has a full basement which could be used for a multitude of tenant-friendly options ranging from ease of access for plumbing/infrastructure work all the way to creating a true 2-story space by carving out a large portion of the existing floor plate to open the space up.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Corner Space
  • High Ceilings
  • After Hours HVAC Available
  • Emergency Lighting
  • Basement
  • Corner Unit
  • Signage Facing Over 1 Million Annual Visitors
  • Full Basement
  • Significant Existing Power Infrastructure

91-301 Town Sq - 1st Floor - Ste 221

Size
3,800 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $106,400 /YR $8,867 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

3,800 SF office/medical space for lease.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air and Heating
  • High Ceilings
  • After Hours HVAC Available
  • Basement
  • Open-Plan
  • Existing Plumbing
  • Mezzanine Space
  • Signage within Center

311-391 Town Sq - 1st Floor - Ste 355

Size
6,710 SF
Term
Negotiable
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $234,850 /YR $19,571 /MO
Rent Type
Triple Net (NNN)
Space Use
Medical
Condition
Shell Space
Availability
Now

Former Barnes & Noble currently in "shell" condition. This space offers tremendous signage opportunity that will be visible from both Naperville Rd and East Loop Rd. Plenty of parking is available directly in front of the entry to the premises.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Space In Need of Renovation
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • After Hours HVAC Available
  • Corner Unit
  • High Ceilings
  • Great Signage

55 E Loop Rd - 3rd Floor - Ste 301

Size
3,191 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $79,775 /YR $6,648 /MO
Rent Type
Modified Gross
Space Use
Office/Medical
Condition
Partial Build-Out
Availability
Now

Space currently built out as Office/Medical with Reception, 2 plumbed exam rooms, 5 private offices, 2 restrooms, conference room, employee break room, large open area, and storage

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Medical Space
  • Office intensive layout
  • Central Air and Heating
  • Corner Space
  • After Hours HVAC Available
  • Common Parts WC Facilities
  • Corner Unit with Great Window Line
  • Ample Parking
  • Updated Lobby / Common Areas
  • Well Capitalized and Motivated Ownership

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.

SITE PLAN

SELECT TENANTS AT Town Square Wheaton

  • Tenant
  • Description
  • US Locations
  • Reach
  • 302 South
  • Restaurant
  • 1
  • -
  • Chico's
  • Ladies' Apparel
  • 874
  • International
  • Mcalister's Deli
  • Restaurant
  • 744
  • National
  • Nothing Bundt Cakes
  • Bakery
  • 691
  • International
  • Red Mango
  • Yogurt
  • 168
  • International
  • White House/Black Market
  • Ladies' Apparel
  • 522
  • International
Tenant Description US Locations Reach
302 South Restaurant 1 -
Chico's Ladies' Apparel 874 International
Mcalister's Deli Restaurant 744 National
Nothing Bundt Cakes Bakery 691 International
Red Mango Yogurt 168 International
White House/Black Market Ladies' Apparel 522 International

PROPERTY FACTS FOR 11-421 Town Square , Wheaton, IL 60187

Min. Divisible 1,754 SF
Center Type Community Center
Parking 1,328 Spaces
Stores 37
Center Properties 8
Frontage 350’ on Naperville Rd
Gross Leasable Area 182,398 SF
Total Land Area 17.15 AC
Year Built 1992
Cross Streets Naperville Rd

About the Property

Medtail Space available for lease at Town Square Wheaton! This property has undergone an extensive re-leasing effort over the past few years, and is now over 80% occupied by a great mix of high end national retailers, community focused service businesses, and medical tenants. Among the most notable tenants are: Nothing Bundt Cakes, DULY Heath & Care, Red Mango, White House | Black Market, Ann Taylor, Rayito Del Sol Daycare & Preschool, Grove Dental, Bear Paddle Swim School, Talbot's, and McAlister's Deli. Ownership is now looking to attract Healthcare/Medical Tenancy that can benefit from the high amount of traffic at the shopping center. There are multiple spaces available, ranging from Built-Out Medical Office Space, to Shell Condition Retail facing Naperville Road, to Development Pads that can accommodate up to 14,000sf of Build-to-Suit Medical Office Space. The property is located directly facing Naperville Rd, between East Loop Rd and Blanchard St. It is immediately adjacent to the Wheaton Park District Community Center and Rice Pool & Water Park, which attracts over 1 Million annual visitors, as well as the Crossings at Danada Apartment Homes which has over 1,700 current residents. Wheaton Town Center can be accessed from all 4 directions. Management at the property is also very active in scheduling and coordinating resident-friendly events throughout the year, such as "Pumpkin with a Purchase Weekend", "Ladies Nights Out", "Frosty Fest" and more.

  • Restaurant
  • Signage

Nearby Major Retailers

Orangetheory Fitness
Pete's Fresh Market
LemonShark Poke
Whole Foods
Cycle Bar
My Gym  Children's Fitness Center
StretchLab
Pure Barre
Five Guys
Aqua-Tots Swim Schools
  • Listing ID: 29950461

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 11-421 Town Square, Wheaton, IL 60187

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