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Restaurant/Retail Space - Downtown Desplaines 1504 Miner St
1,010 - 4,405 SF of Retail Space Available in Des Plaines, IL 60016
Highlights
- Prime restaurant/retail space in the heart of an affluent suburban Downtown with an opportunity to join a vibrant mix of local & national restaurants
- The space features black iron hookup, a walk-in cooler with two (2) new condensing units, new 800 amp electrical service, and newly installed HVAC
- Located just steps from the newly renovated (2020) Des Plaines Theater and directly across the street from the Des Plaines Metra Station
- Up to Three (3) dedicated parking spaces in the rear included with the lease
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,010-4,405 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Opportunity to join a mix of local and national restaurants and retailers in vibrant Downtown Des Plaines, directly across from the Des Plaines Metra Station and just steps from the newly renovated Des Plaines Theater. The former restaurant space features black iron hookup, a walk-in cooler with two (2) new condensing units, brand new 800 amp electrical service, and newly installed HVAC (22 tons). The lease includes three (3) on-site parking spaces in the rear and the potential for outdoor seating for up to 52 patrons. In addition to the proximity to the Metra Station directly across the street, the building is conveniently situated just one (1) mile west of Interstate-294 and approximately seven (7) miles north of O'Hare International Airport. Neighboring retailers include The Des Plaines Theater (renovated 2020), Sugar Bowl, Miner Street Tavern, Bourbon and Brass Speakeasy, Dotombori, Anytime Fitness, Shop & Save Market, Panera Bread, Giordano’s, Wing Stop, Tap House Grill, Dunkin Donuts, and Starbucks, among others
- Fully Built-Out as a Restaurant or Café Space
- Freezer Space
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 1504 Miner St , Des Plaines, IL 60016
| Min. Divisible | 1,010 SF | Gross Leasable Area | 4,405 SF |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Restaurant | Parking Ratio | 0.72/1,000 SF |
| Min. Divisible | 1,010 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,405 SF |
| Year Built | 1958 |
| Parking Ratio | 0.72/1,000 SF |
About the Property
Opportunity to join a mix of local and national restaurants and retailers in vibrant Downtown Des Plaines, directly across from the Des Plaines Metra Station and just steps from the newly renovated Des Plaines Theater. The former restaurant space features black iron hookup, a walk-in cooler with two (2) new condensing units, brand new 800 amp electrical service, and newly installed HVAC (22 tons). The lease includes three (3) on-site parking spaces in the rear and the potential for outdoor seating for up to 52 patrons. In addition to the proximity to the Metra Station directly across the street, the building is conveniently situated just one (1) mile west of Interstate-294 and approximately seven (7) miles north of O'Hare International Airport. Neighboring retailers include The Des Plaines Theater (renovated 2020), Sugar Bowl, Miner Street Tavern, Bourbon and Brass Speakeasy, Dotombori, Anytime Fitness, Shop & Save Market, Panera Bread, Giordano’s, Wing Stop, Tap House Grill, Dunkin Donuts, and Starbucks, among others
- Bus Line
- Commuter Rail
- Restaurant
- Signage
Nearby Major Retailers
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Restaurant/Retail Space - Downtown Desplaines | 1504 Miner St
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