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Terra Cotta Corners 650 E Terra Cotta Ave
748 - 3,558 SF of Retail Space Available in Crystal Lake, IL 60014
Highlights
- Beautiful Well Positioned Neighborhood Center at Traffic Lit Intersection
- Strong Restaurant Demand in Corridor
- Well Traveled Crossroads
- Drive up Window Potential
- Quick Economic Deals Available
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 106 | 748 SF | - | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $997.33 /MO $11,968 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 110 | 1,003-2,810 SF | 12’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $3,747 /MO $44,960 /YR | Triple Net (NNN) |
650 E Terra Cotta Ave - 1st Floor - Ste 106
Unit 106: 748 SF Inline recently updated space with vinyl flooring and other upgrades. (1) bath and open floor plan $16 PSF NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
650 E Terra Cotta Ave - 1st Floor - Ste 110
Unit 110: 2,810 SF End Cap with DRIVE THRU WINDOW. Former office/financial space with 4 private offices, open clerical, kitchen and (2) baths $16 PSF NNN. THIS SPACE IS DIVISIBLE – see below. Unit 110A: 1,807 SF End Cap with open clerical, private office, kitchen/break room, 1 bath and I.T. room. $16 psf NNN. Unit 110B: 1,003 SF Entrance on side of building, open clerical, 3 private offices and 1 bath. $16 psf NNN.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Highly Desirable End Cap Space
- Kitchen
- Private Restrooms
- Secure Storage
- Finished Ceilings: 12’
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 650 E Terra Cotta Ave , Crystal Lake, IL 60014
About the Property
3 remaining retail/office spaces available in this L-shaped strip center located at the busy, signalized intersection of Terra Cotta Ave. (Route 176) and Terra Cotta Road. Unit 101: 1,560 SF Inline former Pilates studio, (1) bath and open floor plan with upgraded vinyl flooring, architectural ceiling tiles and LED lighting. $16 PSF NNN Unit 106: 748 SF Inline recently updated space with vinyl flooring and other upgrades. (1) bath and open floor plan $16 PSF NNN Unit 110: 2,810 SF End Cap with DRIVE THRU WINDOW. Former office/financial space with 4 private offices, open clerical, kitchen and (2) baths $16 PSF NNN. THIS SPACE IS DIVISIBLE – see below. Unit 110A: 1,807 SF End Cap with open clerical, private office, kitchen/break room, 1 bath and I.T. room. $16 psf NNN. Unit 110B: 1,003 SF Entrance on side of building, open clerical, 3 private offices and 1 bath. $16 psf NNN. Lighted monument signage. Triple net lease and pass thru costs of $6 psf. Center is located on north side of Crystal Lake, just minutes from Route 31, Route 14 and downtown business district. Locally owned and operated. Landlord prefers minimum 3 year lease term.
- Signalized Intersection
-
Mike Deacon -
Heather Schweitzer -
Premier Commercial Realty
Presented by
Terra Cotta Corners | 650 E Terra Cotta Ave
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