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Wheeling Commons 1-45 Huntington Ln 3,517 SF of Retail Space Available in Wheeling, IL 60090
HIGHLIGHTS
- 14' ceiling height to the deck!
- best rental rates in the market!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 45 | 3,517 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $49,238 /YR $4,103 /MO | Triple Net (NNN) |
1-49 Huntington Ln - Ground - Ste 45
End cap space available!
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- endcap available for lease
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
| Total Space Available | 3,517 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 37,035 SF |
| Parking | 178 Spaces | Total Land Area | 3.69 AC |
| Stores | 14 | Year Built | 1985 |
| Center Properties | 1 |
| Total Space Available | 3,517 SF |
| Center Type | Neighborhood Center |
| Parking | 178 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 37,035 SF |
| Total Land Area | 3.69 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Wheeling Commons is a retail and medical center available for lease in Wheeling located at the NEC of Dundee and Huntington Lane. The property is ideally located in a dense trade area surrounded by residential homes, rental properties, retail and has very strong demographics. Highly visible from Dundee Road , ample parking (178 spaces), signalized intersection and a lighted monument sign for tenants. Store sizes range from 1,120 – 11,000 sqft. US Census anticipates a strong household growth rate over the coming five years. The center is served by Pace Bus route #234 and is 2.5 miles east of I-53 and 1.5 miles west of the Wheeling train station. Wheeling holds an A rating from niche.com of best places to live in Illinois.
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Wheeling Commons | 1-45 Huntington Ln
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