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South Park Shopping Center 800 Devon Ave
2,500 - 7,840 SF of Retail Space Available in Park Ridge, IL 60068
Highlights
- Former Boston Market Retail Space - First Time Available in 30 Years
- Outlot Available for Ground Lease /Build-To-Suit
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,840 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $93,720 /YR $7,810 /MO | Triple Net (NNN) | ||
1st Floor | 2,500-5,000 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
800 Devon Ave - 1st Floor
Former Boston Market space, available for the first time in over 30 years. Co-tenants include Walgreens, Athletico, Devon Avenue Meats, Centered Clay Collective, Erica's Jewelry.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- 2,840 SF Second Generation Restaurant Space
- Walgreens-Anchored Shopping Mall
- Excellent Demographics
- Abundant Parking
- Natural LIght-Filled Space
800 Devon Ave - 1st Floor
Retail BTS opportunity. 2,500 square-foot building could accommodate a drive-thru or a +/- 5,000 square-foot building could be built.
- Space is an outparcel at this property
- Space is in Excellent Condition
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 South Park Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Athletico
- -
- -
- -
- AthletiCo Physical Therapy
- Health Care
- 836
- National
- Devon Avenue Meats
- Retailer
- 1
- -
- Erica's Jewelry
- Retailer
- 1
- -
- Walgreens
- Retailer
- -
- -
Tenant | Description | US Locations | Reach |
Athletico | - | - | - |
AthletiCo Physical Therapy | Health Care | 836 | National |
Devon Avenue Meats | Retailer | 1 | - |
Erica's Jewelry | Retailer | 1 | - |
Walgreens | Retailer | - | - |
PROPERTY FACTS FOR 800 Devon Ave , Park Ridge, IL 60068
Min. Divisible | 2,500 SF | Frontage | |
Center Type | Neighborhood Center | Gross Leasable Area | 30,404 SF |
Parking | 336 Spaces | Total Land Area | 1.98 AC |
Stores | 9 | Year Built | 1959 |
Center Properties | 4 |
Min. Divisible | 2,500 SF |
Center Type | Neighborhood Center |
Parking | 336 Spaces |
Stores | 9 |
Center Properties | 4 |
Frontage | |
Gross Leasable Area | 30,404 SF |
Total Land Area | 1.98 AC |
Year Built | 1959 |
About the Property
Former Boston Market Retail Space and Ground Lease / Build-To-Suit Outlot Available. Walgreens-anchored shopping center with desirable Park Ridge location and demographics. Next to Park District fields and Roosevelt Elementary School.
Nearby Major Retailers
Presented by
South Park Shopping Center | 800 Devon Ave
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