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Olde Church Centre 1010-1072 E Schaumburg Rd 1,500 - 3,212 SF of Retail Space Available in Streamwood, IL 60107
HIGHLIGHTS
- Anchored by 7 Eleven, one of the most respected names in retail.
- LED parking lot poles & canopy lights provide excellent visibility for drivers and pedestrians.
- HVAC is maintained by the landlord, saving you time and hassle.
- High Traffic Location: Stoplight intersection with Schaumburg Rd. seeing an average of 17,150+ cars per day.
- Ample Parking: There are 5.0 parking spaces per 1,000 SF available.
- Garbage collection is included in CAM.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1032 | 1,500 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $19,500 /YR $1,625 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1070-1072 | 1,712 SF | Negotiable | $23.00 /SF/YR $1.92 /SF/MO $39,376 /YR $3,281 /MO | Triple Net (NNN) |
1032-1070 E Schaumburg Rd - 1st Floor - Ste 1032
Electric - Tenant Pays - Separately Metered Gas - Tenant Pays - Separately Metered Water - Included in Common Area Maintenance HVAC - Included in Common Area Maintenance Garbage - Included in Common Area Maintenance Janitorial - Tenant Pays
- 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
1032-1070 E Schaumburg Rd - 1st Floor - Ste 1070-1072
Electric - Tenant Pays - Separately Metered Gas - Tenant Pays - Separately Metered Water - Included in Common Area Maintenance HVAC - Included in Common Area Maintenance Garbage - Included in Common Area Maintenance Janitorial - Tenant Pays
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Drop Ceilings
- Emergency Lighting
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 OLDE CHURCH CENTRE
- 7Eleven
PROPERTY FACTS
| Total Space Available | 3,212 SF | Center Properties | 2 |
| Center Type | Neighborhood Center | Gross Leasable Area | 45,127 SF |
| Parking | 199 Spaces | Total Land Area | 14.36 AC |
| Stores | 25 | Year Built | 1985 |
| Total Space Available | 3,212 SF |
| Center Type | Neighborhood Center |
| Parking | 199 Spaces |
| Stores | 25 |
| Center Properties | 2 |
| Gross Leasable Area | 45,127 SF |
| Total Land Area | 14.36 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Brian Properties, Inc. is pleased to present the Olde Church Center for lease located in Streamwood, IL. There are currently seven inline vacancies available in the well-established neighborhood shopping center which was was renovated in 2016 and developed in 1985. The shopping center consists of 24 units and is 70% occupied.
NEARBY MAJOR RETAILERS
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Olde Church Centre | 1010-1072 E Schaumburg Rd
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