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North Riverside Redevelopment 7501 W Cermak Rd
29,527 - 144,248 SF of Retail Space Available in North Riverside, IL 60546
Highlights
- 10 miles west of downtown Chicago
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 42,597 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor | 29,527 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
2nd Floor | 72,124 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
7501 W Cermak Rd - 1st Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
7501 W Cermak Rd - 1st Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
7501 W Cermak Rd - 2nd Floor
- Partially Built-Out as Standard Retail Space
- 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 7501 W Cermak Rd , North Riverside, IL 60546
Center Type | Super Regional Mall | Frontage | |
Parking | 5,845 Spaces | Gross Leasable Area | 973,503 SF |
Stores | 133 | Total Land Area | 61.88 AC |
Center Properties | 11 | Year Built | 1989 |
Center Type | Super Regional Mall |
Parking | 5,845 Spaces |
Stores | 133 |
Center Properties | 11 |
Frontage | |
Gross Leasable Area | 973,503 SF |
Total Land Area | 61.88 AC |
Year Built | 1989 |
About the Property
North Riverside Park Mall is a prime retail destination for shoppers in the Chicagoland area. The mall boasts over 1.1 million SF, 130 stores, and is anchored by popular retailers JCPenney, Round1 and Forman Mills.
- Banking
- Food Court
- Restaurant
- Signage
- Enclosed Mall
Nearby Major Retailers
Learn More About Leasing Retail Properties
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North Riverside Redevelopment | 7501 W Cermak Rd
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