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Festival Center 185 N Kennedy Dr
1,000 - 4,300 SF of Retail Space Available in Bradley, IL 60915
Highlights
- 4,300 SF suite divisible to 1,000 SF | 36' frontage on Kennedy Drive (24,500 VPD)
- Abundant light with 2 sides of window line | 15.75' ceiling heights
- 24,500 VPD along Kennedy Drive | Major Retail Corridor
- Signalized Intersection at Broadway Street & Kennedy Drive
- Open area with 2 back offices, private restroom & storage
- Abundant on-site parking (4.19/1,000) | Pylon signage available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 105 | 1,000-4,300 SF | 15’7” | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $5,017 /MO $60,200 /YR | Modified Gross |
1st Floor, Ste 105
SVN Chicago Commercial is pleased to present this unique retail opportunity on Kennedy Drive in Bradley, Illinois. Join Big Lots, Dollar General, Papa Johns, and Rent-A-Center in the recently renovated Festival Center. This 4,300 SF end cap retail suite captures abundant light with two sides of window line and 15.75' ceiling heights.
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Finished Ceilings: 15’7”
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 185 N Kennedy Dr , Bradley, IL 60915
| Min. Divisible | 1,000 SF | Total Land Area | 4.10 AC |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Storefront | Parking Ratio | 4.19/1,000 SF |
| Gross Leasable Area | 63,796 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 63,796 SF |
| Total Land Area | 4.10 AC |
| Year Built | 1989 |
| Parking Ratio | 4.19/1,000 SF |
About the Property
Situated in the heart of Bradley, IL, this vibrant locale offers high visibility and promising foot traffic for Retail/Neighborhood Center tenants. Nearby, tenants will find popular attractions such as Northfield Square Mall, attracting a steady flow of shoppers, and the charming Perry Farm Park, a hub for community events. With a mix of residential and commercial activity, this area presents a prime opportunity for retailers to thrive. Situated in a major retail corridor, this property has easy access to the 11 Bus, I-57, and Highways 102, 113, 17, and 115.
- Pylon Sign
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Olivia Wirth -
Karen Kulczycki -
SVN | Chicago Commercial
Presented by
Festival Center | 185 N Kennedy Dr
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