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Clock Tower Center 90-124 W Northwest Hwy
1,180 SF of Retail Space Available in Palatine, IL 60067
Highlights
- Heavy traffic counts.
- Heavy traffic counts: 35,000 vehicles per day
- Located in high density demographic area.
- Tenant Signage & Monument Signage on Rt 14 Available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 90 | 1,180 SF | Negotiable | $18.50 /SF/YR $1.54 /SF/MO $199.13 /m²/YR $16.59 /m²/MO $1,819 /MO $21,830 /YR | Triple Net (NNN) |
90-124 W Northwest Hwy - 1st Floor - Ste 90
1,180 SF $18 Net + $9 Taxes & Opps Located On Rt 14 in Prime Commercial Area Tenant Signage & Monument Signage on Rt 14 Available Heavy traffic counts: 35,000 vehicles per day
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- After Hours HVAC Available
- Located On Rt 14 in Prime Commercial Area
- Heavy traffic counts: 35,000 vehicles per day
- Landlord will reconfigure to meet tenant needs
- 24-7 Tenant access & control of HVAC
- 1,180 SF $18 Net + $9 Taxes & Opp's
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 Clock Tower Center
- Tenant
- Description
- US Locations
- Reach
- Dr. Steven Kipferl
- Health Care and Social Assistance
- 1
- -
- Kumon
- Other Services
- 2,408
- International
- M Cohen Inc
- Manufacturing
- 1
- -
- Netx Chicago Inc
- Retailer
- 1
- -
- Pizza Bella
- Restaurant
- 1
- -
- Salon Sienna
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dr. Steven Kipferl | Health Care and Social Assistance | 1 | - |
| Kumon | Other Services | 2,408 | International |
| M Cohen Inc | Manufacturing | 1 | - |
| Netx Chicago Inc | Retailer | 1 | - |
| Pizza Bella | Restaurant | 1 | - |
| Salon Sienna | Services | 1 | - |
PROPERTY FACTS FOR 90-124 W Northwest Hwy , Palatine, IL 60067
| Center Type | Strip Center | Gross Leasable Area | 16,630 SF |
| Parking | 50 Spaces | Total Land Area | 1.44 AC |
| Center Properties | 1 | Year Built | 1996 |
| Frontage | 213’ on Northwest Hwy |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Center Properties | 1 |
| Frontage | 213’ on Northwest Hwy |
| Gross Leasable Area | 16,630 SF |
| Total Land Area | 1.44 AC |
| Year Built | 1996 |
About the Property
High end construction: retail center built in 1996. Heavy traffic counts: 35,000 vehicles per day. Ample customer and employee parking. Join tenants: Gustafson Eye Care, Pizza Bella, Kumon Learning, Cohen & O’Neill Jewelers, Dior Builders, NW Spine Care & Clock Tower Dentistry. Located On Rt 14 in Prime Commercial Area Tenant Signage & Monument Signage on Rt 14 Available
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Randy Olczyk -
Thomas Callahan -
Chicagoland Commercial Real Estate
Presented by
Clock Tower Center | 90-124 W Northwest Hwy
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