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Oak Forest Plaza 4142 W 167th St
1,102 - 6,062 SF of Retail Space Available in Oak Forest, IL 60452
Highlights
- Directly across from Walmart and next to McDonald's and Wendy's.
- High visibility due to location along popular retail corridor.
- Across from 16-screen Loews Cinemas.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 11B | 1,102 SF | - | Negotiable | $23.00 /SF/YR $1.92 /SF/MO $25,346 /YR $2,112 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 2 | 1,540 SF | - | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $38,500 /YR $3,208 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 6 | 1,670 SF | 9’ - 10’ | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $41,750 /YR $3,479 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 9 | 1,750 SF | 9’ - 10’ | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $43,750 /YR $3,646 /MO | Triple Net (NNN) |
4142 W 167th St - 1st Floor - Ste 11B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
4142 W 167th St - 1st Floor - Ste 2
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
4142 W 167th St - 1st Floor - Ste 6
1,670 square foot retail 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
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 9’ - 10’
- Former Cash Advanced space available for lease.
4142 W 167th St - 1st Floor - Ste 9
1,750 square foot retail 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
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 9’ - 10’
- 1,750 square foot retail space available for lease
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 Oak Forest Plaza
- Boost Mobile
- Dunkin Donut/Baskin Robbins
- Harold's Chicken
- Martini Linger
- Shops 147
PROPERTY FACTS FOR 4142 W 167th St , Oak Forest, IL 60452
| Total Space Available | 6,062 SF | Frontage | 514’ on 167th St |
| Center Type | Neighborhood Center | Gross Leasable Area | 24,419 SF |
| Parking | 120 Spaces | Total Land Area | 1.32 AC |
| Center Properties | 1 | Year Built | 2006 |
| Total Space Available | 6,062 SF |
| Center Type | Neighborhood Center |
| Parking | 120 Spaces |
| Center Properties | 1 |
| Frontage | 514’ on 167th St |
| Gross Leasable Area | 24,419 SF |
| Total Land Area | 1.32 AC |
| Year Built | 2006 |
About the Property
25,000 square feet of prime retail space located directly across from Wal-Mart and Lowes Cinemas. A beautiful shopping center, superior construction, great window frontage. Units ranging from 1500 sqft to 1970 sqft. Home of stand alone Dunkin Donuts/Baskin Robins store and Harold's Chicken. High visibility and High Traffic counts. This is a "MUST SEE" for anyone looking for retail space in the explosive growth commercial corridor between Country Club Hills and Oak Forest. Call for Rate Information. Current tenants are Boost Mobile, Bella Nails, Harold's Chicken, Advanced Auto, Katie's Gaming, Rose Liquor, El Burrito Rey, and Martini Bar. Oak Forest Plaza is strategically located on 167th Street in Oak Forest at the intersection of 167th and Kilbourne. Very favorable population demographics. Minimum 1 YR lease term.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Oak Forest Plaza | 4142 W 167th St
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