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Shoppes of Elwood 400 Mississippi Ave
1,536 - 5,770 SF of Retail Space Available in Elwood, IL 60421
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 400 | 2,122 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $25,464 /YR $2,122 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 402 | 1,536 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $18,432 /YR $1,536 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 412 | 2,112 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $25,344 /YR $2,112 /MO | Triple Net (NNN) |
400 Mississippi St - 1st Floor - Ste 400
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 3,658 SF of adjacent space
400 Mississippi St - 1st Floor - Ste 402
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 3,658 SF of adjacent space
400 Mississippi St - 1st Floor - Ste 412
- Lease rate does not include utilities, property expenses or building services
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 Shoppes of Elwood
- Tenant
- Description
- US Locations
- Reach
- Hair Code
- Salon/Barber/Spa
- 1
- -
- Jack's Tap
- Accommodation and Food Services
- -
- -
- Nexus Employment
- Administrative and Support Services
- -
- -
- Silver Dollar Restaurant
- Restaurant
- 1
- -
- Subway
- Sub Sandwich
- 35,207
- International
| Tenant | Description | US Locations | Reach |
| Hair Code | Salon/Barber/Spa | 1 | - |
| Jack's Tap | Accommodation and Food Services | - | - |
| Nexus Employment | Administrative and Support Services | - | - |
| Silver Dollar Restaurant | Restaurant | 1 | - |
| Subway | Sub Sandwich | 35,207 | International |
PROPERTY FACTS FOR 400 Mississippi Ave , Elwood, IL 60421
| Total Space Available | 5,770 SF | Frontage | |
| Max. Contiguous | 3,658 SF | Gross Leasable Area | 22,264 SF |
| Center Type | Strip Center | Total Land Area | 1.93 AC |
| Parking | 280 Spaces | Year Built | 2009 |
| Center Properties | 1 |
| Total Space Available | 5,770 SF |
| Max. Contiguous | 3,658 SF |
| Center Type | Strip Center |
| Parking | 280 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 22,264 SF |
| Total Land Area | 1.93 AC |
| Year Built | 2009 |
About the Property
5 spaces Available at The Shoppes of Elwood. Join Subway, Silver Dollar Restaurant, Jack's Tap, Nexus Employment & The Hair Code. Drive Thru-End Cap unit 400 - 2,122-5,660sf; **Please note this unit is $14.00 per sf; unit 402 - 1,536 sf; units 404 & 406 are 1,001 sf; unit 412 - 2,112 sf; Extremely competitive lease rates at or below market lease prices for this newer center that is of the highest construction design. ****Owner will provide a "Vanilla Box" for a minimum of a 2 year lease****Right next to Heartland Bank and Dollar General. Across the street is the Village Hall. Within a mile from CenterPoint Intermodal Center, International Freight Terminal. 12 million sf of Warehouses, which is expected to have up to 8,000 jobs. The Lincoln Memorial National Cemetery, for members of the Armed Forces and their families. As many as 5-20 burials a day. Even though Elwood is a small town, this area is continually growing. There are over 6500 cars/trucks per day pass by this center.
Learn More About Leasing Retail Properties
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Shoppes of Elwood | 400 Mississippi Ave
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