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Algonquin Galleria 1515-1519 S Randall Rd
1,700 SF of Retail Space Available in Algonquin, IL 60102
Highlights
- Outlot building on Randall Rd & County Line Rd in Algonquin. Dual Signage available on building. Join Best Buy and La-Z-boy and JoAnn Fabrics
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,700 SF | 5 Years | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $3,967 /MO $47,600 /YR | Triple Net (NNN) |
1st Floor
UNIT 1515 - 1,700 SF end cap space on Randall Rd., with one bathroom Space dimensions: 19’ wide x 83’ deep Prime exposure to Randall Road retail corridor, with dual signage on building facade Located across the street from Algonquin Commons and Walmart Join La-Z Boy, PotBelly, Athletico, JoAnn’s, Fox River Spa, HassleLess Mattress, and Longhorn Steakhouse Coming soon - Raising Cane’s Belle Tire, BJ’s Restaurant & Brewery, Portillo’s and Cooper’s Hawk immediately to the south at shared signaled intersection
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT Algonquin Galleria
- Athlectico
- Baird Warner
- Best Buy
- Joann's Fabrics
- La - Z - Boy Showcase Shoppe
PROPERTY FACTS FOR 1515-1519 S Randall Rd , Algonquin, IL 60102
| Property Type | Retail | Total Land Area | 1.36 AC |
| Property Subtype | Freestanding | Year Built | 2008 |
| Gross Leasable Area | 11,131 SF | Parking Ratio | 6.29/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,131 SF |
| Total Land Area | 1.36 AC |
| Year Built | 2008 |
| Parking Ratio | 6.29/1,000 SF |
About the Property
Prime Corner location at the SEC of Randall Rd and County Line Rd. Endcap location in freestanding outlot building located in front of Martejo Discount, La-z-y Boy, JoAnn Fabrics and Deli 4 You Wide open space with a single bathroom, storage area and ready for occupancy Dual signage Co- tenants in the outlot building are PotBelly, Athletico and Haselless Mattress Located across from Algonquin Commons and WalMart.
- Signage
Nearby Major Retailers
Presented by
Algonquin Galleria | 1515-1519 S Randall Rd
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