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Country Court 394-454 Peterson Rd
1,460 SF of Retail Space Available in Libertyville, IL 60048
Highlights
- Great exposure on Peterson Rd
- Strong demographics
- Traffic Count = 25,400 VPD
- NNN's = $4.32/SF/Yr
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 408 | 1,460 SF | 3-10 Years | $16.00 /SF/YR $1.33 /SF/MO $23,360 /YR $1,947 /MO | Triple Net (NNN) |
400-454 Peterson Rd - 1st Floor - Ste 408
Ideal space for standard retail use or restaurant. There is no restaurant equipment in place but there is a vent through the roof, the frame of a walk-in cooler (no mechanicals), and a grease trap. There is an open retail area in the front of the space and storage, a small office, and a washroom in the back of the space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Excellent exposure on busy Peterson Rd.
- Strong tenant mix
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 Country Court
- Tenant
- Description
- US Locations
- Reach
- Blue Violet Salon
- -
- 1
- Local
- Libertyville Wellness Group
- -
- 1
- Local
- Little Stitch Shop
- Art/Crafts
- 1
- -
- Pets General Store
- Pet Shop/Supplies
- 1
- Local
- Talent Forum
- Dance
- 1
- Local
- Urban Total Fitness
- -
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Blue Violet Salon | - | 1 | Local |
| Libertyville Wellness Group | - | 1 | Local |
| Little Stitch Shop | Art/Crafts | 1 | - |
| Pets General Store | Pet Shop/Supplies | 1 | Local |
| Talent Forum | Dance | 1 | Local |
| Urban Total Fitness | - | 1 | Local |
PROPERTY FACTS FOR 394-454 Peterson Rd , Libertyville, IL 60048
| Center Type | Strip Center | Frontage | 460’ on Peterson Rd |
| Parking | 186 Spaces | Gross Leasable Area | 28,800 SF |
| Stores | 1 | Total Land Area | 4.96 AC |
| Center Properties | 1 | Year Built | 1978 |
| Center Type | Strip Center |
| Parking | 186 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 460’ on Peterson Rd |
| Gross Leasable Area | 28,800 SF |
| Total Land Area | 4.96 AC |
| Year Built | 1978 |
About the Property
Prime retail space available for lease at the Country Court Shopping Center in Libertyville. Country Court is located on Peterson Rd. (Rte. 137) providing great visibility. The Center has excellent exposure with 510' of frontage on busy Peterson Rd that has an average traffic count of 25,400 cars/day, and there is abundant parking with 186 parking spaces. The location provides strong local demographics with a 2022 population of 126,351 (5 Miles) and average household income exceeding $150,000. C-3 zoning allows for a variety of uses.
Nearby Major Retailers
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Country Court | 394-454 Peterson Rd
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