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729 Sheridan Rd
500 - 1,500 SF of Retail Space Available in Winthrop Harbor, IL 60096
Highlights
- Rare small retail unit for lease +/- 1,000 sf. with potential to divide
- Nice, well maintained building with attentive local ownership
- Functional buildout in place ready for immediate occupancy
- Huge windows on Sheridan Road (Route 137) with additional parking in rear of the property
- Subject neighborhood is home to national tenants as well as mom and pop business
- Great location to service customers from IL and WI, call for details!
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | $14.40 /SF/YR $1.20 /SF/MO $155.00 /m²/YR $12.92 /m²/MO $1,200 /MO $14,400 /YR | Modified Gross | ||
| 1st Floor, Ste 102 | 500 SF | Negotiable | $16.80 /SF/YR $1.40 /SF/MO $180.83 /m²/YR $15.07 /m²/MO $700.00 /MO $8,400 /YR | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
1st Floor, Ste 102
- Listed rate may not include certain utilities, building services and property expenses
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 729 Sheridan Rd , Winthrop Harbor, IL 60096
| Property Type | Retail | Gross Leasable Area | 5,377 SF |
| Property Subtype | Storefront | Year Built/Renovated | 1946/2009 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,377 SF |
| Year Built/Renovated | 1946/2009 |
About the Property
Building description 729 Sheridan Road is a two story, brick and block, mixed use building with one retail/office unit available for lease. The subject unit is +/- 1,000 sf. with potential to divide and huge windows on Sheridan Road (Route 137). The property is very well maintained and has been updated regularly over the years. Location description 729 Sheridan Road is located on the east side of Sheridan Road north of 8th Street and south of 7th Street in Winthrop Harbor, IL. Winthrop Harbor is located In Lake county IL midway between Chicago, IL and Milwaukee, WI. Great location to service clients from IL and WI call for details!
-
Mike Marling -
Marling Management, Inc.
Presented by
729 Sheridan Rd
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