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Forest Hills Centre 1500-1502 E Riverside Blvd 10,671 SF of Retail Space Available in Loves Park, IL 61111
HIGHLIGHTS
- Excellent Visibility
- Great Co-Tenancy
- Located in Loves Park's Shopping Corridor
- High Traffic Area
- Building Signage Available
- 2.5 miles from I-90
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1504 | 10,671 SF | 7’5” - 12’5” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1502-1506 E Riverside Blvd - 1st Floor - Ste 1504
- 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
- Central Air and Heating
- Finished Ceilings: 7’5” - 12’5”
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 FOREST HILLS CENTRE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Paradise Slots
- Arts, Entertainment, and Recreation
- -
- -
- Sherwin-Williams
- Paint/Wallpaper
- 5,811
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Paradise Slots | Arts, Entertainment, and Recreation | - | - |
| Sherwin-Williams | Paint/Wallpaper | 5,811 | International |
PROPERTY FACTS
| Total Space Available | 10,671 SF | Gross Leasable Area | 57,962 SF |
| Center Type | Neighborhood Center | Total Land Area | 5.31 AC |
| Parking | 292 Spaces | Year Built | 1974 |
| Center Properties | 4 |
| Total Space Available | 10,671 SF |
| Center Type | Neighborhood Center |
| Parking | 292 Spaces |
| Center Properties | 4 |
| Gross Leasable Area | 57,962 SF |
| Total Land Area | 5.31 AC |
| Year Built | 1974 |
ABOUT THE PROPERTY
High traffic area with roughly 40,000 VPD pass through intersection of Riverside Boulevard and Forest Hills Road. Superior visibility along two of the busiest streets in Loves Park. Located in the heart of Loves Park's shopping corridor and only 2.5 miles from I-90.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Forest Hills Centre | 1500-1502 E Riverside Blvd
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