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The Grove 1200-1620 W 75th St 1,200 - 252,611 SF of Retail Space Available in Downers Grove, IL 60516
HIGHLIGHTS
- Highly visible shopping center located at the NWC of 75th Street and Lemont Rd just east of I-355 interchange.
- Strong demographics and traffic counts
- Located in an affluent area with many national retailers
SPACE AVAILABILITY (15)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 1206 | 23,407 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $374,512 /YR $31,209 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1220A | 37,051 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $444,612 /YR $37,051 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1220B | 38,474 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $461,688 /YR $38,474 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1220C | 4,538 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $81,684 /YR $6,807 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1400-B2 | 1,750 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $31,500 /YR $2,625 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1400-C | 6,048 SF | 1-5 Years | $15.00 /SF/YR $1.25 /SF/MO $90,720 /YR $7,560 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1500-A | 35,702 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $428,424 /YR $35,702 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1510-B | 3,000 SF | 1-5 Years | $15.00 /SF/YR $1.25 /SF/MO $45,000 /YR $3,750 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1510-D | 5,400 SF | 1-5 Years | $15.00 /SF/YR $1.25 /SF/MO $81,000 /YR $6,750 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1510-E | 10,950 SF | 1-5 Years | $14.00 /SF/YR $1.17 /SF/MO $153,300 /YR $12,775 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1510-F | 6,600 SF | 1-5 Years | $15.00 /SF/YR $1.25 /SF/MO $99,000 /YR $8,250 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1510-G | 3,000 SF | 1-5 Years | $15.00 /SF/YR $1.25 /SF/MO $45,000 /YR $3,750 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1520 | 27,300 SF | 1-5 Years | $13.00 /SF/YR $1.08 /SF/MO $354,900 /YR $29,575 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1530B | 1,200 SF | 1-5 Years | $16.00 /SF/YR $1.33 /SF/MO $19,200 /YR $1,600 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1540 & 1500A (Mez) | 48,191 SF | Negotiable | $11.50 /SF/YR $0.96 /SF/MO $554,197 /YR $46,183 /MO | Triple Net (NNN) |
1206 W 75th St - Ground - Ste 1206
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1212 75th St - 1st Floor - Ste 1220A
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1212 75th St - 1st Floor - Ste 1220B
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1212 75th St - 1st Floor - Ste 1220C
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1206-1540 W 75th St - 1st Floor - Ste 1400-B2
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1206-1540 W 75th St - 1st Floor - Ste 1400-C
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1500-A
35,072 SF available at The Grove.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1206-1540 W 75th St - 1st Floor - Ste 1510-B
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1510-D
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1510-E
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1510-F
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1510-G
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1520
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1530B
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Newly renovated center
1206-1540 W 75th St - 1st Floor - Ste 1540 & 1500A (Mez)
Former TRU 41,916sf + Mez 6,275sf
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- 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 THE GROVE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Petco
- Animal Care/Groom
- 1,739
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Petco | Animal Care/Groom | 1,739 | National |
PROPERTY FACTS
| Total Space Available | 252,611 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 646,745 SF |
| Parking | 708 Spaces | Total Land Area | 56.43 AC |
| Stores | 13 | Year Built | 1982 |
| Center Properties | 8 |
| Total Space Available | 252,611 SF |
| Center Type | Power Center |
| Parking | 708 Spaces |
| Stores | 13 |
| Center Properties | 8 |
| Frontage | |
| Gross Leasable Area | 646,745 SF |
| Total Land Area | 56.43 AC |
| Year Built | 1982 |
ABOUT THE PROPERTY
The Grove center has been recently renovated and is located in an affluent area with many national retailers. The center is highly visible and located at the NWC of 75th Street and Lemont Rd.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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The Grove | 1200-1620 W 75th St
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