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Wing Park Shopping Center 551-589 N McLean Blvd
983 - 12,975 SF of Retail Space Available in Elgin, IL 60123
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1341B | 4,420 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1351 | 1,175 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1363 | 983 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 557 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 559 | 1,897 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
554 N Weston Ave - 1st Floor
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- Space is an outparcel at this property
1341-1351 Manor Ct - 1st Floor - Ste 1341B
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- Highly Desirable End Cap Space
1341-1351 Manor Ct - 1st Floor - Ste 1351
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- Highly Desirable End Cap Space
555-571 N McLean Blvd - 1st Floor - Ste 1363
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- Located in-line with other retail
1300-1363 Wing St - 1st Floor - Ste 557
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- Located in-line with other retail
1300-1363 Wing St - 1st Floor - Ste 559
• 983 SF – 5595 SF retail, office, and medical space available • Excellent visibility and frontage from McLean Blvd and Wing St • Ample parking available
- 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.
PROPERTY FACTS FOR 551-589 N McLean Blvd , Elgin, IL 60123
| Center Type | Neighborhood Center | Frontage | |
| Parking | 522 Spaces | Gross Leasable Area | 58,227 SF |
| Stores | 21 | Total Land Area | 21.83 AC |
| Center Properties | 6 | Year Built | 1969 |
| Center Type | Neighborhood Center |
| Parking | 522 Spaces |
| Stores | 21 |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 58,227 SF |
| Total Land Area | 21.83 AC |
| Year Built | 1969 |
Features and Amenities
- Restaurant
- Signage
-
Hannah Perl -
Power Broker Gary Greenfield -
Metro Commercial Real Estate
Presented by
Wing Park Shopping Center | 551-589 N McLean Blvd
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