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Eola Center Square 355-405 N Eola Rd
1,500 - 4,500 SF of Retail Space Available in Aurora, IL 60504
Highlights
- ENDCAP WITH EXCELLENT VISABILTY
- DAILY TRAFFIC COUNTS: EOLA ROAD 28,000 VPD, NEW YORK STREET 19,000 VPD
- SHADOW TO WALGREENS AND MCDONALD'S
- WELL MAINTAINED
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A&B | 3,000 SF | Negotiable | $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $4,250 /MO $51,000 /YR | Net | ||
| 1st Floor, Ste M | 1,500 SF | 3 Years | $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $2,125 /MO $25,500 /YR | Triple Net (NNN) |
405 N Eola Rd - 1st Floor - Ste A&B
Ideal end cap space totaling 3,000 square feet. Can be divided to 1,500 sq. ft. spaces. Well located neighborhood center, including tenants such as; H&R Block, First Institute Training & Management, Firehouse Subs, Cleaners, Nail Salon, Optometrist, and Blueberry Hill Pancake House. SHADOWED TO WALGREENS AND MCDONALD'S ACROSS FROM MARIANO'S GROCERY & PHARMACY. EXCELLANT DAILY TRAFFIC COUNT: 28,000 PER DAY EOLA ROAD, AND 19,000 PERDAY NEW YORK STREET.
- Lease rate does not include certain property expenses
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Central Heating System
- Corner Space
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
405 N Eola Rd - 1st Floor - Ste M
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 355-405 N Eola Rd , Aurora, IL 60504
| Center Type | Neighborhood Center | Gross Leasable Area | 36,935 SF |
| Parking | 214 Spaces | Total Land Area | 5.28 AC |
| Stores | 10 | Year Built | 1997 |
| Center Properties | 2 |
| Center Type | Neighborhood Center |
| Parking | 214 Spaces |
| Stores | 10 |
| Center Properties | 2 |
| Gross Leasable Area | 36,935 SF |
| Total Land Area | 5.28 AC |
| Year Built | 1997 |
About the Property
Excellent location, strong well known tenant mix.
-
Paul Demik -
DK Realty Partners
Presented by
Eola Center Square | 355-405 N Eola Rd
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