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Stonegate Commons 248-272 S Randall Rd
1,967 SF of Medical Space Available in Algonquin, IL 60102
Highlights
- Highly Trafficked
- Window-Lined Space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,967 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $59,010 /YR $4,918 /MO | Triple Net (NNN) |
1st Floor
2nd Generation Orthodontic Office in excellent condition. Currently lays out with Six (6) Treatment Areas, Two (2) ADA Restrooms, Lab/Break Room, Sterilization Area, X-Ray Room, Private Office, and Reception/Waiting Area
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Dental Office Space
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Turn Key Condition
- ADA Compliant
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 248-272 S Randall Rd , Algonquin, IL 60102
| Property Type | Retail | Total Land Area | 0.93 AC |
| Property Subtype | Storefront | Year Built | 2001 |
| Gross Leasable Area | 10,440 SF | Parking Ratio | 5/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,440 SF |
| Total Land Area | 0.93 AC |
| Year Built | 2001 |
| Parking Ratio | 5/1,000 SF |
About the Property
Introducing 272 South Randall Road, an exceptional second-generation orthodontic office. The property's modern and versatile interior layout, large windows, and ample parking offer the ideal setting for an orthodontic practice. With existing infrastructure in place, including specialized treatment areas, this move-in ready space is perfectly tailored to meet the needs of an orthodontic office. The sleek exterior design, excellent visibility, and high traffic flow ensure maximum exposure for the practice. Don't miss this unique opportunity to establish your practice in this highly sought-after location.
Nearby Major Retailers
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Stonegate Commons | 248-272 S Randall Rd
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