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Sunset Corners Shopping Center 825 S Waukegan Rd
1,600 SF of Retail Space Available in Lake Forest, IL 60045
Highlights
- Located at a high-traffic signalized intersection
- Adjacent to MD-N Metra Rail
- Surrounded by a high income residential population
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 C3 | 1,600 SF | 14’ - 16’ | 1-10 Years | $23.00 /SF/YR $1.92 /SF/MO $247.57 /m²/YR $20.63 /m²/MO $3,067 /MO $36,800 /YR | Triple Net (NNN) |
825 S Waukegan Rd - 1st Floor - Ste C3
3 individual bays available between Sunset Foods and True Value. Can be combined or leased separately. 2 of the units are 20’Wx80D and one C-1 is 33’W x 80D. Separate bathrooms in each unit.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 14’ - 16’
- 3 individual bays
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 Sunset Corners Shopping Center
- Dr. Douglas Campbell, Dds
- Ferentino's Pizzeria
- Lake Forest Hardware Cards And Gifts
- Sunset Foods
- True Value
PROPERTY FACTS FOR 825 S Waukegan Rd , Lake Forest, IL 60045
| Center Type | Neighborhood Center | Gross Leasable Area | 72,000 SF |
| Parking | 308 Spaces | Total Land Area | 7.00 AC |
| Stores | 17 | Year Built | 1990 |
| Center Properties | 1 | Cross Streets | Conway & Waukegan |
| Center Type | Neighborhood Center |
| Parking | 308 Spaces |
| Stores | 17 |
| Center Properties | 1 |
| Gross Leasable Area | 72,000 SF |
| Total Land Area | 7.00 AC |
| Year Built | 1990 |
| Cross Streets | Conway & Waukegan |
Features and Amenities
- Air Conditioning
- Signage
-
John Sheridan - John Sheridan LLC
Presented by
John Sheridan LLC
Sunset Corners Shopping Center | 825 S Waukegan Rd
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