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Office/Professional/Fitness 524 W State St
261 - 3,508 SF of Space Available in Geneva, IL 60134
Highlights
- Spaces Include Fitness, Professional Office
- Attractive, Newer (2005) Construction
- Proximity to Shopping, Restaurants
- Prominent State St (Rt 38) Corner Building with Elevator
- Private Onsite Parking for Staff
- Walk to Commuter Train
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste M | 1,980 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $13,860 /YR $1,155 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste B | 503-764 SF | Negotiable | $21.50 /SF/YR $1.79 /SF/MO $16,426 /YR $1,369 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste C | 261-764 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $16,808 /YR $1,401 /MO | Triple Net (NNN) |
Lower Level, Ste M
Open layout with (optional) gas fireplace, storage room, two completely updated private restrooms, plus two shared ADA restrooms in hall. Originally built out as banquet facility. Recently completed "Vanilla box" finishes. $1,983/mo includes $5.02/sf pass thru costs (CAM).
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste B
503 sf 2nd floor interior office suite with two rooms. $1,195 /mo rent includes $7.00/sf in pass thru costs. Can be combined with Suite C for 764 SF ($1,783/mo)
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste C
261 sf 2nd floor interior office suite with built-in lateral files & work surface.. $631/mo rent includes $7.00/sf in pass thru costs. Can be combined with Suite B for 764 SF ($1,783/mo).
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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.
PROPERTY FACTS FOR 524 W State St , Geneva, IL 60134
| Min. Divisible | 261 SF | Year Built | 2005 |
| Property Type | Retail | Parking Ratio | 0.46/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | Route 38 |
| Gross Leasable Area | 24,000 SF |
| Min. Divisible | 261 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,000 SF |
| Year Built | 2005 |
| Parking Ratio | 0.46/1,000 SF |
| Cross Streets | Route 38 |
About the Property
2nd floor office suites in prominent corner commercial building in downtown Geneva IL. Newer (2005) multi-tenant elevator building. Other 2nd floor tenants include insurance, Rosati's Franchising, and judicial services. Street-level tenants include Firewater BBQ restaurant, law office and tattoo shop. Limited private onsite parking available. Space size includes prorated common area. LOCATION: The property is located at the southeast corner of State St (Rt 38) & Sixth St on the west side of downtown Geneva. It is short walk from Third St, Kane County courthouse, and the Metra train station. The location is surrounded by convenience & specialty retail and numerous restaurants. Average household income: $108,000/yr (5 mile). Traffic Counts (IDOT): 23,800 VPD
Nearby Major Retailers
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Office/Professional/Fitness | 524 W State St
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