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Island Lake Retail 500 W State Rd
920 - 2,320 SF of Space Available in Island Lake, IL 60042
Highlights
- High Traffic Area - Over 22,000 VPD
- Excellent Visibility
- Great Co-Tenancy
- Strong Neighboring Businesses
- Strong Curb Appeal
- Building Signage Available
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste B | 920 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
452 W State Rd - 1st Floor - Ste A
This center sits on popularly travelled Route 176 at a stop light intersection. Anchor space available. Landlord will be aggressive in making deals for qualified Tenants.
- Highly Desirable End Cap Space
452 W State Rd - 1st Floor - Ste B
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Located in-line with other retail
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 Island Lake Retail
- Tenant
- Description
- US Locations
- Reach
- Snap Fitness 24/7
- Fitness
- 1,297
- National
| Tenant | Description | US Locations | Reach |
| Snap Fitness 24/7 | Fitness | 1,297 | National |
PROPERTY FACTS FOR 500 W State Rd , Island Lake, IL 60042
| Center Type | Strip Center | Gross Leasable Area | 22,044 SF |
| Parking | 102 Spaces | Total Land Area | 3.42 AC |
| Stores | 4 | Year Built | 2007 |
| Center Properties | 2 |
| Center Type | Strip Center |
| Parking | 102 Spaces |
| Stores | 4 |
| Center Properties | 2 |
| Gross Leasable Area | 22,044 SF |
| Total Land Area | 3.42 AC |
| Year Built | 2007 |
About the Property
Strong neighboring businesses include Lakeside Immediate Care, Walgreens, McDonald's, Dunkin' Donuts and AutoZone. Co-tenants include: Snap Fitness. This space has strong curb appeal with traffic counts over 20k vehicles per day being located along the east side of Route 176 and State Road.
- Drive Thru
-
Bharat Puri -
First Midwest Group
Learn More About Leasing Retail Properties
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Island Lake Retail | 500 W State Rd
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