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Redevelopment Commercial Corner 1290 W Normantown Rd 3,970 SF of Retail Space Available in Romeoville, IL 60446
Highlights
- High Traffic Stoplight Corner
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,970 SF | Negotiable | $24.21 /SF/YR $2.02 /SF/MO $96,114 /YR $8,009 /MO | Triple Net (NNN) |
1st Floor
Former Burger King available for lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
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 | 3,970 SF | Gross Leasable Area | 3,970 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Fast Food | Parking Ratio | 11.34/1,000 SF |
| Total Space Available | 3,970 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 3,970 SF |
| Year Built | 1999 |
| Parking Ratio | 11.34/1,000 SF |
About the Property
LAND LEASE or BUILD TO SUIT at this High Traffic STOPLIGHT Corner available for redevlopment! Just off I55 at Weber Rd:-) ALL Utilities are at the property... 1.69 ACRES (76,616sf), partially paved and there is a building on the property, IF you want to use it. Village incentives possible. Located in a TIF. If you need more land, there is 1.6 Acres on the north side of this property that is listed for sale by another broker (combined, thats over 3 Acres, and that might make it A GREAT SELF STORAGE FACILITY Location?) with thousands of people going by every day. ZONING is B-3. Current building was a Fast Food restaurant with a Drive-Thru... other possible uses: Animal Hospital, Urgent Care, Hotel, EV Quick Charging Facility, New Strip Center, Child or Family Care, check the village zoning code for additional information. Owner looking to do a NNN Lease....$8,000/mo... Taxes $22,264....
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
Redevelopment Commercial Corner | 1290 W Normantown Rd