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4 Cedar Ridge Dr

1,033 - 2,973 SF of Office/Medical Space Available in Lake In The Hills, IL 60156

Highlights

  • Major Retailers Nearby
  • Beautiful Architecture and Landscaping
  • Historically Successful Retail/Office Building
  • Highly Visible from Algonquin Road
  • Large Windows and Lots of Natural Light

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste CDE
  • 1,033-2,973 SF
  • 9’
  • Negotiable
  • $19.00 /SF/YR $1.58 /SF/MO $56,487 /YR $4,707 /MO
  • Triple Net (NNN)
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

Join Wibicki Dental and Miracle Ear in this very successful Retail/Office building. The building has beautiful brick architecture along with lots of windows for natural light. It is also beautifully landscaped. It really stands out on Algonquin road due to its street presence and first class appeal. The building is located on Algonquin Road several blocks from Randall. It is located near lots of Major Retailers as well as being across the street from Clarendale Senior Center. This suite is currently built out for an MRI imaging office but is easily reconfigurable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Health Care Space
  • Mostly Open Floor Plan Layout
  • Fits 3 - 24 People
  • Finished Ceilings: 9’
  • Partially Demolished Space
  • Kitchen
  • Private Restrooms
  • Prime Location Close to Randall Rd
  • Long Term Tenants
  • Beautiful Architecture
  • Convenient Parking
  • Existing Buildout
  • Excellent Signage
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste CDE 1,033-2,973 SF 9’ Negotiable $19.00 /SF/YR $1.58 /SF/MO $56,487 /YR $4,707 /MO Triple Net (NNN)

1st Floor, Ste CDE

Size
1,033-2,973 SF
Ceiling
9’
Term
Negotiable
Rental Rate
$19.00 /SF/YR $1.58 /SF/MO $56,487 /YR $4,707 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

Join Wibicki Dental and Miracle Ear in this very successful Retail/Office building. The building has beautiful brick architecture along with lots of windows for natural light. It is also beautifully landscaped. It really stands out on Algonquin road due to its street presence and first class appeal. The building is located on Algonquin Road several blocks from Randall. It is located near lots of Major Retailers as well as being across the street from Clarendale Senior Center. This suite is currently built out for an MRI imaging office but is easily reconfigurable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Health Care Space
  • Mostly Open Floor Plan Layout
  • Fits 3 - 24 People
  • Finished Ceilings: 9’
  • Partially Demolished Space
  • Kitchen
  • Private Restrooms
  • Prime Location Close to Randall Rd
  • Long Term Tenants
  • Beautiful Architecture
  • Convenient Parking
  • Existing Buildout
  • Excellent Signage

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 4 Cedar Ridge Dr, Lake In The Hills, IL 60156

  • Tenant
  • Description
  • US Locations
  • Reach
  • Miracle-Ear
  • Health Care
  • 2,792
  • National
  • Schulz & Co
  • Finance and Insurance
  • 1
  • -
  • Wibicki Family Dental
  • Health Care and Social Assistance
  • 1
  • -
Tenant Description US Locations Reach
Miracle-Ear Health Care 2,792 National
Schulz & Co Finance and Insurance 1 -
Wibicki Family Dental Health Care and Social Assistance 1 -

PROPERTY FACTS FOR 4 Cedar Ridge Dr , Lake In The Hills, IL 60156

Total Space Available 2,973 SF
Min. Divisible 1,033 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 6,200 SF
Year Built 1999
Parking Ratio 4.67/1,000 SF

About the Property

Beautiful Brick Retail/Office Building for lease. The property is very well maintained and landscaped. The building is located at the intersection of Cedar Ridge Drive and Algonquin Road just a few blocks east of Randall Rd. It is very close to lots of major retailers and services and is the definition of a prime location. This building has a long history of success and has many long term tenants. This is a rare opportunity to obtain this location and enjoy the success that this building offers. The building has beautiful architecture unlike most places today and has beautiful gardens in the spring and summer. The building also features a large pylon sign which draws attention for your business and is highly visible from Algonquin Road.

Nearby Major Retailers

First National Bank
Steak ‘n Shake
Kobe Ichiban
Pure Barre
Huntington National Bank
Jewel-Osco
MOD Pizza
BMO
Cooper's Hawk Winery & Restaurants
Buffalo Wild Wings
  • Listing ID: 26870432

  • Date on Market: 10/17/2022

  • Last Updated:

  • Address: 4 Cedar Ridge Dr, Lake In The Hills, IL 60156

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