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Porter Plaza 703 E 9th St
2,900 SF of Office/Medical Space Available in Lockport, IL 60441
Highlights
- Porter Plaza has 18,250 vehicles passing the facility daily and has a large monument sign identifying all businesses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 2,900 SF | 8’ | 5-10 Years | $23.00 /SF/YR $1.92 /SF/MO $247.57 /m²/YR $20.63 /m²/MO $5,558 /MO $66,700 /YR | Double Net |
703 E 9th St - 1st Floor - Ste 101
Property is located in Porter Plaza retail strip, next to primary anchor, Dollar General. This is a medical office space that includes a reception area, waiting area, 2 ADA approved bathrooms along with 3 doctor's offices, 6 exam rooms, and a kitchen/staff lounge.
- Lease rate does not include certain property expenses
- Fully Built-Out as Standard Medical Space
- 3 Private Offices
- 4 Workstations
- Finished Ceilings: 8’
- Space is in Excellent Condition
- Reception Area
- Central Air and Heating
- 18.500 autos pass by the facility daily.
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 Porter Plaza
- Tenant
- Description
- US Locations
- Reach
- Dollar General
- Dollar/Variety/Thrift
- 23,344
- International
| Tenant | Description | US Locations | Reach |
| Dollar General | Dollar/Variety/Thrift | 23,344 | International |
PROPERTY FACTS FOR 703 E 9th St , Lockport, IL 60441
| Center Type | Strip Center | Frontage | |
| Parking | 67 Spaces | Gross Leasable Area | 18,500 SF |
| Stores | 5 | Total Land Area | 1.50 AC |
| Center Properties | 1 | Year Built | 1954 |
| Center Type | Strip Center |
| Parking | 67 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 18,500 SF |
| Total Land Area | 1.50 AC |
| Year Built | 1954 |
About the Property
Porter Plaza had undergone a major facility renovation in 2010, serves as a neighborhood center with a medical clinic, Dollar General, Central Cleaners, Perfect Shape Fitness, and Krispy's food carry-out restaurant. The facility is located 1/2 mile east of downtown Lockport on Ninth Street (Route 159). Significant renovation to the medical office occurred in 2014 and could be a location for a medical care clinic, a medical office for a variety of specialties , or other medical related ancillary services. The facility is designed for a two person medical doctors office with six examination rooms, three private offices, a four person clerical/nurses station, a spacious waiting room, and a kitchen/dining room. There is ample handicap and general patient parking area adjacent to the main entrance for 30 vehicles.
- Corner Lot
-
Dave Grammas -
Doug Pauly -
Joseph Rossi & Associates
Presented by
Porter Plaza | 703 E 9th St
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