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7202 W College Dr
1,000 SF of Retail Space Available in Palos Heights, IL 60463
Highlights
- Three-tenant out parcel building occupied by Starbucks and Chiro One Wellness
- Conveniently located near the Harlem intersection
- High visibility with direct frontage on College Drive
- Ample parking for tenants and visitors
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,000 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $226.04 /m²/YR $18.84 /m²/MO $1,750 /MO $21,000 /YR | Triple Net (NNN) |
1st Floor, Ste B
This 1,000 SF space is located in a three-tenant building, shared with Starbucks and Chiro One Wellness. The outparcel building is situated in front of the Tiffany Square Shopping Center and it has direct frontage on College Drive, providing excellent visibility and accessibility. With ample parking, this space is well suited for a range of retail or professional uses.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Private Restrooms
- Cotenants Starbucks & Chiro One
- High visibility with direct frontage on College Dr
- Conveniently located near the Harlem intersection
- Ample parking for tenants and visitors
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 7202 W College Dr, Palos Heights, IL 60463
- Tenant
- Description
- US Locations
- Reach
- Chiro One Wellness Centers
- Health Care
- 124
- National
- Starbucks
- Coffee
- 20,991
- International
| Tenant | Description | US Locations | Reach |
| Chiro One Wellness Centers | Health Care | 124 | National |
| Starbucks | Coffee | 20,991 | International |
PROPERTY FACTS FOR 7202 W College Dr , Palos Heights, IL 60463
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Freestanding | Parking Ratio | 4.41/1,000 SF |
| Gross Leasable Area | 5,217 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,217 SF |
| Year Built | 2007 |
| Parking Ratio | 4.41/1,000 SF |
About the Property
Introducing a rarely available leasing opportunity at 7202 West College Drive in Palos Heights, IL. This 1,000 SF space is located within a highly desirable three-tenant building, shared with notable brands Starbucks and Chiro One Wellness. The outlot building is situated in front of the Tiffany Square Shopping Center and it has direct frontage on College Drive, providing excellent visibility and accessibility. With ample parking, this space is perfectly suited for a range of retail or professional uses.
- Signage
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Martha Winter -
LM Commercial Real Estate
Presented by
7202 W College Dr
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