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Joliet Commons 1520-1538 Route 59
1,600 SF of Retail Space Available in Joliet, IL 60435
Highlights
- Starbucks-Anchored Center
- Highway Access (I-55)
- Endcap Space Available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1520 | 1,600 SF | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $4,267 /MO $51,200 /YR | Triple Net (NNN) |
1520-1538 Route 59 - 1st Floor - Ste 1520
Former salon space available
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Endcap 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 1520-1538 Route 59 , Joliet, IL 60435
| Center Type | Strip Center | Gross Leasable Area | 15,006 SF |
| Parking | 49 Spaces | Total Land Area | 5.50 AC |
| Stores | 10 | Year Built | 2005 |
| Center Properties | 1 |
| Center Type | Strip Center |
| Parking | 49 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 15,006 SF |
| Total Land Area | 5.50 AC |
| Year Built | 2005 |
About the Property
Excellent co-tenancy anchored by Starbucks. Large pylon sign on Route 59. Abundant parking on both sides of center. Excellent visibility and exposure. 31,800 daily vehicles on busy Route 59. Blocks from I-55 access. Heavily-trafficked retail corridor, dozens of national tenants. Dense residential growth area.
- Dedicated Turn Lane
Nearby Major Retailers
-
Kelsey Gross -
Michael Asfour -
Brookline Real Estate
Presented by
Joliet Commons | 1520-1538 Route 59
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