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1152-1200 E Walnut St 4,000 SF of Retail Space Available in Watseka, IL 60970
HIGHLIGHTS
- Prime commercial location along Highway 24 in Watseka, IL
- Convenient access to downtown shopping and amenities
- High visibility and excellent accessibility
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000 SF | 3-5 Years | $1.00 /SF/YR $0.08 /SF/MO $4,000 /YR $333.33 /MO | Full Service |
1st Floor
Prime 4,000 SF open-plan space available at 1152-1200 E Walnut St, offering high visibility along Highway 24. This versatile space can be customized to meet tenant needs, making it ideal for retail, office, medical, or service-based businesses. With excellent accessibility, ample parking, and proximity to downtown amenities, this location provides a strategic opportunity for businesses seeking a strong presence in the Watseka market.
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
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 1152-1200 E WALNUT ST, WATSEKA, IL 60970
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Berkot's Super Foods
- Supermarket
- 7
- Regional
- H&R Block
- Acctg/Tax Prep
- 13,520
- International
- IV Cellular
- Other Retail
- 3
- Regional
- R. P. Home & Harvest
- Other Retail
- 21
- Regional
- Subway
- Sub Sandwich
- 28,950
- International
- Super Buffet
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Berkot's Super Foods | Supermarket | 7 | Regional |
| H&R Block | Acctg/Tax Prep | 13,520 | International |
| IV Cellular | Other Retail | 3 | Regional |
| R. P. Home & Harvest | Other Retail | 21 | Regional |
| Subway | Sub Sandwich | 28,950 | International |
| Super Buffet | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 4,000 SF | Total Land Area | 12.37 AC |
| Property Type | Retail | Year Built/Renovated | 1991/2000 |
| Gross Leasable Area | 121,515 SF |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 121,515 SF |
| Total Land Area | 12.37 AC |
| Year Built/Renovated | 1991/2000 |
ABOUT THE PROPERTY
Located along Highway 24 in Watseka, Illinois, 1152-1200 E Walnut Street is a commercial property offering a strategic position within the town's business district. The property's location provides high visibility and accessibility, making it suitable for various commercial uses. The area is characterized by a mix of residential and commercial properties, contributing to a dynamic community setting. Proximity to downtown shopping and amenities enhances its appeal for businesses seeking a central location.
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1152-1200 E Walnut St
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