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New York Commons 481 N Commons Dr

1,500 SF of Office/Retail Space Available in Aurora, IL 60504

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Highlights

Monument and Facade Signage Available
Spacious Parking

Near Fox Valley Mall
Located at Signalized Intersection, New York St. & Commons Dr.

Space Availability (1)

Display Rental Rate as

1st Floor, Ste B
1,500 SF
Negotiable
$12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $1,500 /MO $18,000 /YR
Net

481 N Commons Dr - 1st Floor - Ste B

Space Use

Office/Retail

Condition

Full Build-Out

Availability

February 01, 2025

1,500 SF availalable.

Lease rate does not include certain property expenses
Fully Built-Out as Standard Retail Space
Mostly Open Floor Plan Layout

New York Commons

Space	Size		Term	Rental Rate	Rent Type
1st Floor, Ste B	1,500 SF		Negotiable	$12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $1,500 /MO $18,000 /YR	Net

Size

1,500 SF

Term

Negotiable

Rental Rate

$12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $1,500 /MO $18,000 /YR

Rent Type

Net

Space Use

Office/Retail

Condition

Full Build-Out

Availability

February 01, 2025

1,500 SF availalable.

Lease rate does not include certain property expenses
Fully Built-Out as Standard Retail Space
Mostly Open Floor Plan Layout

New York Commons

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 481 N Commons Dr , Aurora, IL 60504

Center Type	Strip Center	Frontage	262’ on Commons Dr 246’ on Gabrielle Ln
Parking	60 Spaces	Gross Leasable Area	9,600 SF
Stores	6	Total Land Area	1.00 AC
Center Properties	1	Year Built	1999

Center Type	Strip Center
Parking	60 Spaces
Stores	6
Center Properties	1
Frontage	262’ on Commons Dr 246’ on Gabrielle Ln
Gross Leasable Area	9,600 SF
Total Land Area	1.00 AC
Year Built	1999

About the Property

New York Commons offers retail and office space for lease, ranging from 1,200 to 1,500 square feet. The property is located near Fox Valley Mall, providing tenants with convenient access to dining, shopping, lodging, and entertainment.