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16521-16615 W 159th St 2,000 SF of Retail Space Available in Lockport, IL 60441
Highlights
- Located within the Jewel-Osco Shopping Center, a recognized retail destination serving the Lockport trade area.
- Surrounded by major national retailers, restaurants, and hospitality operators that contribute to daily consumer traffic.
- Less than one-half mile from the I-355 interchange, providing convenient regional access.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 16547 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 16547
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 16521-16615 W 159th St, Lockport, IL 60441
- Tenant
- Description
- US Locations
- Reach
- Farrell Dental
- MD/DDS
- 1
- Local
- Jersey Mike's Subs
- Sub Sandwich
- 3,673
- International
- Lockport Escape Room & Axe Throwing
- Other Retail
- 1
- Local
- Renewell Unlimited Tan
- Massage
- 7
- Regional
- Torro
- Restaurant
- 1
- Local
- Westside Children's Therapy
- Health Care
- 29
- Local
| Tenant | Description | US Locations | Reach |
| Farrell Dental | MD/DDS | 1 | Local |
| Jersey Mike's Subs | Sub Sandwich | 3,673 | International |
| Lockport Escape Room & Axe Throwing | Other Retail | 1 | Local |
| Renewell Unlimited Tan | Massage | 7 | Regional |
| Torro | Restaurant | 1 | Local |
| Westside Children's Therapy | Health Care | 29 | Local |
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 30,050 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront | Parking Ratio | 6.22/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 30,050 SF |
| Year Built | 2005 |
| Parking Ratio | 6.22/1,000 SF |
About the Property
16521-16615 W. 159th Street is a retail opportunity within the Lockport Jewel-Osco Shopping Center, a well-established neighborhood retail destination positioned along Route 7 (159th Street) in Lockport, Illinois. The center benefits from strong regional accessibility, located less than one-half mile from the I-355 interchange, providing convenient access for customers throughout Lockport and the surrounding southwest suburban communities. The property is anchored by Jewel-Osco and is surrounded by a concentration of national retailers, restaurants, hospitality uses, and daily-needs services, including Walmart, Walgreens, Starbucks, McDonald's, Panera Bread, and Holiday Inn. This established retail environment supports consistent consumer activity and creates a convenient shopping destination for area residents. Recent property improvements include updated storefronts and HVAC systems, enhancing the overall appearance and functionality of the center. Available spaces offer flexible layouts suitable for a variety of retail, service, medical, specialty, and consumer-oriented business concepts. Ample on-site parking and strong visibility along one of the area's primary commercial corridors further support customer access and operational convenience.
- Signage
Nearby Major Retailers
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16521-16615 W 159th St
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