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Parker Shopping Plaza 303 S Commercial St
1,302 - 3,867 SF of Retail Space Available in Harrisburg, IL 62946
Highlights
- 18k +/- ADT
- Longterm Stability Across Tenancy
- Large GAP's in retail analysis
- Fantastic Tenant Mix generates diverse customer traffic
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 11 | 2,565 SF | 10’ | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $2,565 /MO $30,780 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 1A | 1,302 SF | - | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $1,628 /MO $19,530 /YR | Triple Net (NNN) |
303 S Commercial St - 1st Floor - Ste 11
Former Peking Palace available for the first time in decades, rare finished restaurant space available in the plaza. Very low to no historical turnover in the restaurants at the plaza.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Finished Ceilings: 10’
303 S Commercial St - 1st Floor - Ste 1A
Endcap with DT availability. Separately metered space ready for infill with a variety of uses. Alternatively could be razed and reconstructed into a ideal operating model for operator. Great space situated ontop of the highest traffic pattern in town (18k +/-). Long term anchors and long term success of operators drawing huge mixed traffic all day!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Drive Thru
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 Parker Shopping Plaza
- Hibbett Sporting Goods Inc.
- Integrated Health
- Rent One
- RNR Tire Express
- TexasNails
- Vapors4U
PROPERTY FACTS FOR 303 S Commercial St , Harrisburg, IL 62946
| Center Type | Neighborhood Center | Frontage | 850’ on Commercial St |
| Parking | 400 Spaces | Gross Leasable Area | 55,911 SF |
| Stores | 17 | Total Land Area | 5.70 AC |
| Center Properties | 1 |
| Center Type | Neighborhood Center |
| Parking | 400 Spaces |
| Stores | 17 |
| Center Properties | 1 |
| Frontage | 850’ on Commercial St |
| Gross Leasable Area | 55,911 SF |
| Total Land Area | 5.70 AC |
About the Property
Located in the Heart of the Harrisburg Retail District. Renovated lighted canopy, recently sealed and striped parking lot, and reasonable rent rates make this center highly attractive. Wal-mart nearly adjacent to the property with fantastic co-tenancy mix. Property boasts highest traffic count in Harrisburg at 18,000 +/- vpd.
- Pylon Sign
Nearby Major Retailers
Presented by
Parker Shopping Plaza | 303 S Commercial St
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