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NEC Maple Ave
2,436 - 4,926 SF of Retail Space Available in Mundelein, IL 60060
Highlights
- Retail Site available for sale, lease and BTS at the NEC of Maple Ave. and Lake St. with exposure to 34,800 VPD
- Daytime population of over 141,000 people within a 3-mile radius
- Potential drive-thru opportunity
- Located less than a 1/2 mile north of the Mundelein Metra Station
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,436-4,926 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Retail site available for sale, lease and BTS just north of the signalized intersection at Maple Avenue and Lake Street
- Space is an outparcel at this property
- Drive Thru
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.
SITE PLAN
PROPERTY FACTS FOR NEC Maple Ave , Mundelein, IL 60060
| Min. Divisible | 2,436 SF | Parking Ratio | 5.68/1,000 SF |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 4,926 SF | Cross Streets | Lake St |
| Min. Divisible | 2,436 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,926 SF |
| Parking Ratio | 5.68/1,000 SF |
| Construction Status | Proposed |
| Cross Streets | Lake St |
About the Property
Retail site available for sale, lease and BTS just north of the signalized intersection at Maple Avenue and Lake Street (approx. 34,800 VPD) in Mundelein, Lake County, Illinois. The property is adjacent to a newly developed Thornton's and offers 2,436 - 4,926 square feet. The site provides prospective Tenants various unit sizes and layouts and offers an opportunity for a drive-thru, outdoor patio seating, 28 parking spaces and multiple curb cuts along Lake Street, providing direct access to the property. Additionally, the site is just south of Morris Station, a newly constructed property with 139 town homes and is also less than one-mile south of Station 250, a newly constructed 165-unit apartment complex which is set to open in summer, 2024. The property has a captive audience of approx. 41,000 residents within a three mile radius with an average household income of approximately $154,000/yr.
Nearby Major Retailers
Contacts
-
Matt Tarshis -
Zack Pearlstein -
Andrew Rubin -
Andrew Picchietti -
Frontline Real Estate Partners
Presented by
NEC Maple Ave
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