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HIGHLIGHTS
- Ingress and egress are excellent at a stoplight intersection along Golf Rd.
- There is ample parking available for customers and employees
- Garbage collection is included in CAM
- LED parking lot pole and canopy lights are brand new & provide excellent visibility for drivers and pedestrians
- HVAC is maintained by the landlord, saving you time and hassle
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1101 | 2,100 SF | - | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $33,600 /YR $2,800 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1103 | 1,400 SF | 10’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1105 | 1,400 SF | 10’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1107 | 1,400 SF | 10’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1109 | 1,400 SF | 10’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1111 | 1,400 SF | 10’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) |
1101-1143 Salem Dr - 1st Floor - Ste 1101
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- LED parking lot pole and canopy lights
- There is ample parking available
- HVAC is maintained by the landlord
- Garbage collection is included in CAM
1101-1143 Salem Dr - 1st Floor - Ste 1103
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- Finished Ceilings: 10’
1101-1143 Salem Dr - 1st Floor - Ste 1105
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Finished Ceilings: 10’
1101-1143 Salem Dr - 1st Floor - Ste 1107
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Finished Ceilings: 10’
1101-1143 Salem Dr - 1st Floor - Ste 1109
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Finished Ceilings: 10’
1101-1143 Salem Dr - 1st Floor - Ste 1111
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 9,100 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Finished Ceilings: 10’
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 SALEM PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- El Mercadito
- Supermarket
- 1
- Local
- Hair Dio
- Salon/Barber/Spa
- 1
- Local
- iRepair Center Inc
- Services
- 1
- -
- Jewelry & Coin Mart
- Jewelry/Watches
- 1
- Local
- Northwest Ballet Academy
- Dance
- 1
- Local
- Pita & Kabobz
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| El Mercadito | Supermarket | 1 | Local |
| Hair Dio | Salon/Barber/Spa | 1 | Local |
| iRepair Center Inc | Services | 1 | - |
| Jewelry & Coin Mart | Jewelry/Watches | 1 | Local |
| Northwest Ballet Academy | Dance | 1 | Local |
| Pita & Kabobz | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 9,100 SF | Frontage | 490’ on N Salem Dr |
| Center Type | Neighborhood Center | Gross Leasable Area | 72,756 SF |
| Parking | 995 Spaces | Total Land Area | 9.87 AC |
| Stores | 33 | Year Built | 1980 |
| Center Properties | 2 |
| Total Space Available | 9,100 SF |
| Center Type | Neighborhood Center |
| Parking | 995 Spaces |
| Stores | 33 |
| Center Properties | 2 |
| Frontage | 490’ on N Salem Dr |
| Gross Leasable Area | 72,756 SF |
| Total Land Area | 9.87 AC |
| Year Built | 1980 |
ABOUT THE PROPERTY
The Salem Plaza shopping center is an established retail destination in the Schaumburg, IL community. The retail spaces available for lease are suitable for a variety of businesses, and the Salem Plaza shopping center provides tenants with a high-quality environment in which to operate. The shopping center is well-maintained and offers ample parking for customers. In addition, the location is highly visible and easily accessible, making it ideal for businesses looking to attract new customers.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Salem Plaza | 1049-1093 N Salem Dr
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