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High Point Plaza 1350 E Chicago St 1,500 SF of Retail Space Available in Elgin, IL 60120
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 27 | 1,500 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1350 E Chicago St - 1st Floor - Ste 27
Space will be available around September 2024. Space is build-out for car rental but can be revamped to any type of business.
- 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
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 HIGH POINT PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Elgin Liquor & Wine
- Liquor
- 1
- Local
- High Point Family Dentistry
- MD/DDS
- 1
- Local
- La Moda Barbershop 2
- Salon/Barber/Spa
- 1
- Local
- Subway
- Sub Sandwich
- 28,950
- International
- SURGE Staffing, LLC
- Employment Agency
- 113
- National
- The Pawber Shop Inc
- Animal Care/Groom
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Elgin Liquor & Wine | Liquor | 1 | Local |
| High Point Family Dentistry | MD/DDS | 1 | Local |
| La Moda Barbershop 2 | Salon/Barber/Spa | 1 | Local |
| Subway | Sub Sandwich | 28,950 | International |
| SURGE Staffing, LLC | Employment Agency | 113 | National |
| The Pawber Shop Inc | Animal Care/Groom | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,500 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 33,016 SF |
| Parking | 210 Spaces | Total Land Area | 1.32 AC |
| Stores | 23 | Year Built | 2011 |
| Center Properties | 1 |
| Total Space Available | 1,500 SF |
| Center Type | Strip Center |
| Parking | 210 Spaces |
| Stores | 23 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 33,016 SF |
| Total Land Area | 1.32 AC |
| Year Built | 2011 |
ABOUT THE PROPERTY
• Businesses in place: Subway, Dentist, Smoothie Bar, Staffing Agency, State Farm, Grocery Store, Barbershop, Michoacana Ice Cream Shop, Sports Bar Grill with Gaming Cafe, Hot Dogs fast food restaurant, Medical Center, Pet Groomer, Hair Salon, Eyebrow Salon, Navy Insurance, Nail Salon, Vape Shop, Hertz Car Rental, Financial Services, Mexican Restaurant, Liquor Store. • Located on lighted street corner of Chicago Street and Shales Parkway. Very busy intersection with lot of high car count. Location, Location, Location - one of the busiest centers around the community. Close to residential and industrial mixed community. Highly visible and easily accessible. Within 5 miles of I-90 and other Elgin-Downtown shopping districts. • Self-managed property developers. Responsive to property issues and tenant matters. • Ask us for other leasing opportunities: retail space, office space, office warehouse (also available to purchase), and land for sale. We have locations in the areas of Schaumburg, Roselle, Hoffman Estates, Elk Grove, Carol Stream, Geneva, Elgin, and Round Lake.
- Signalized Intersection
Presented by
High Point Plaza | 1350 E Chicago St
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