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Elk Crossing 20 Biesterfield Rd
2,000 - 8,900 SF of Retail Space Available in Elk Grove Village, IL 60007
Highlights
- Premier Visibility @ The Signalized Intersection of Biesterfield Rd. & Arlington Heights Rd.
- Multiple Convenient Access Points On Both Roads
- Join Other National Brands Including Panera, Auto Zone, McDonalds, and Dunkin Donuts
- Long Standing Jewel Anchored Shopping Center
- Excellent Location Adjacent to Ascension Alexian Brothers Hospital
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste A110 | 4,500 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $67,500 /YR $5,625 /MO | Triple Net (NNN) | ||
1st Floor, Ste A111 | 2,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $30,000 /YR $2,500 /MO | Triple Net (NNN) | ||
1st Floor, Ste A112 | 2,400 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) |
20 Biesterfield Rd - 1st Floor - Ste A110
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 8,900 SF of adjacent space
- Recently "White Boxed" & Ready For Occupancy
- Wide Open Layout
- Can Be Increased to 6,500 sf or 8,900 sf
- Jewel Drives Tremendous Daily Traffic
20 Biesterfield Rd - 1st Floor - Ste A111
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 8,900 SF of adjacent space
- Recently "White Boxed" & Ready For Occupancy
- Wide Open Layout
- Can be Increased to 4,400, 6,500, or 8,900 sf
- Jewel Drives Tremendous Daily Traffic
20 Biesterfield Rd - 1st Floor - Ste A112
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 8,900 SF of adjacent space
- Recently "White Boxed" & Ready For Occupancy
- Wide Open Layout
- Can be Increased to 4,400 or 8,900 sf.
- Jewel Drive Tremendous Daily Traffic
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 Elk Crossing
- Tenant
- Description
- US Locations
- Reach
- Panera Bread
- Bakery
- 3,007
- International
- T-Mobile
- Wireless Communications
- 9,697
- International
Tenant | Description | US Locations | Reach |
Panera Bread | Bakery | 3,007 | International |
T-Mobile | Wireless Communications | 9,697 | International |
PROPERTY FACTS FOR 20 Biesterfield Rd , Elk Grove Village, IL 60007
Total Space Available | 8,900 SF | Frontage | Biesterfield & Arlington |
Center Type | Neighborhood Center | Gross Leasable Area | 127,603 SF |
Parking | 969 Spaces | Total Land Area | 16.78 AC |
Stores | 23 | Year Built | 1987 |
Center Properties | 4 |
Total Space Available | 8,900 SF |
Center Type | Neighborhood Center |
Parking | 969 Spaces |
Stores | 23 |
Center Properties | 4 |
Frontage | Biesterfield & Arlington |
Gross Leasable Area | 127,603 SF |
Total Land Area | 16.78 AC |
Year Built | 1987 |
About the Property
2,000 - 8,900 SF available for lease at Elk Crossing, located at the NWC of the heavily trafficked signalized intersection at Biesterfield Road and Arlington Heights Road (55,000+ VPD) in Elk Grove Village. The 116,707 square foot multi-tenant retail center presents an opportunity to lease at a grocery-anchored center featuring co-tenants Jewel-Osco, Panera Bread, UPS, AutoZone, Bank of America, Dunkin Donuts, and McDonald’s, among others. Elk Crossing features 856’ of frontage along Biesterfield Road and 761’ of frontage along Arlington Heights Road, each with two curb cuts, as well as an 873-spot surface-level parking lot (7.20/ 1,000SF). From a regional perspective, Elk Crossing benefits from its location just one (1) mile east of Interstate-290 (I-290), four (4) miles south of the Interstate 90 and 290 interchange, and four (4) miles west of O’Hare International Airport, providing convenient access to and from the neighboring suburbs. From a local perspective, Elk Crossing sits along two major thoroughfares featuring exposure to 55,000+ VPD, and falls in an affluent area with an average household income of $93,246 within a one-mile radius. Neighboring retailers include Walgreens, 7-Eleven, Chipotle, Buffalo Wild Wings, Starbucks, Jimmy John’s, FedEx, Krispy Kreme, Dairy Queen, and Tapalpa Mexican, among others.
Nearby Major Retailers
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Elk Crossing | 20 Biesterfield Rd
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