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Centennial Plaza 1202-1276 State St
3,000 SF of Retail Space Available in Lemont, IL 60439
Highlights
- 1 Unit Available ±3,000 SF Adjacent to Jewel Osco
- Shadow Anchored by Jewel-Osco | 92% Occupancy
- Prime Retail Corridor | Signalized Entrance
- Open Concept | 2 Offices | 2 ADA Restrooms | Break/Utility Room with Washer/Dryer Hookup
- High Visibility | Monument and Facade Signage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground, Ste 1210 | 3,000 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $5,500 /MO $66,000 /YR | Triple Net (NNN) |
1210-1264 State St - Ground - Ste 1210
1 Unit Available ±3,000 SF Adjacent to Jewel Osco Open Concept | 2 Offices | 2 ADA Restrooms | Break/Utility Room with Washer/Dryer Hookup Shadow Anchored by Jewel-Osco | 92% Occupancy High Visibility | Monument and Facade Signage Prime Retail Corridor | Signalized Entrance
- Lease rate does not include utilities, property expenses or building services
- 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 1202-1276 State St , Lemont, IL 60439
Center Type | Neighborhood Center | Frontage | |
Parking | 713 Spaces | Gross Leasable Area | 112,342 SF |
Stores | 2 | Total Land Area | 13.96 AC |
Center Properties | 3 | Year Built | 1997 |
Center Type | Neighborhood Center |
Parking | 713 Spaces |
Stores | 2 |
Center Properties | 3 |
Frontage | |
Gross Leasable Area | 112,342 SF |
Total Land Area | 13.96 AC |
Year Built | 1997 |
About the Property
SVN Chicago Commercial is pleased to present a leasing opportunity at Centennial Plaza in Lemont, Illinois. Centennial Plaza is in the prime retail corridor along 127th and State Street with high visibility. This 15-unit strip center is shadow-anchored by Jewel-Osco with only 1 unit available. Join this multi-tenant mix of National and Local tenants including School of Rock, Hair Cuttery, Anytime Fitness, School of Rock, UPS Store, L.A. Tan, Fork & Spoon Restaurant. ±3,000 SF open concept suite with office available immediately adjacent to Jewel Osco.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
Centennial Plaza | 1202-1276 State St
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