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127-157 N Northwest Hwy
772 - 5,482 SF of Retail Space Available in Park Ridge, IL 60068
Highlights
- Directly Across From Trader Joes
- Signalized Intersections
- Turn-Key Salon
- Street and Public Lot Parking
- Close Proximity To Highways and O'Hare
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 137 | 900-1,800 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $3,600 /MO $43,200 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 153 | 2,138-2,910 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $5,820 /MO $69,840 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste Rear | 772 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $1,544 /MO $18,528 /YR | Triple Net (NNN) |
1st Floor, Ste 137
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 153
2,910 SF turn-key salon with storage room
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Rear
Rear unit, combinable with salon up to 2,910 SF
- 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 127-157 N Northwest Hwy , Park Ridge, IL 60068
About the Property
Spaces available in the heart of Downtown Park Ridge, IL. Directly on busy Northwest Highway across from Trader Joe's, these highly visible storefronts get tremendous foot traffic from co-tenants, nearby national tenants and residential developments, and the Park Ridge Metra stop (41,000 daily users). Just one block from Touhy Avenue (30,400 daily vehicles), 127-157 N Northwest Highway is located just a few minutes from both I-294 and I-90 near O'Hare Airport. Street and public lot parking are available in immediate proximity. Downtown Park Ridge is a dense, high-income area with parks and many walkable amenities for residents to enjoy and businesses to enjoy success.
- Bus Line
- Commuter Rail
- Signage
Nearby Major Retailers
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Kelsey Gross -
Michael Asfour -
Brookline Real Estate
Presented by
127-157 N Northwest Hwy
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