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Lake Zurich Square 199-217 S Rand Rd 1,060 - 3,456 SF of Space Available in Lake Zurich, IL 60047
Highlights
- Heavy foot traffic
- 2nd Gen Restaurant Spacing
- Easy access off Rand Road
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 207 | 1,196 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
199-217 S Rand Rd - 1st Floor - Ste 207
A well-sized unit suitable for retail, office, or personal service use. With a prime location within Lake Zurich Square, this space offers excellent foot traffic, convenient access, and strong co-tenancy potential.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 3 - 10 People
- 4 Private Offices
- 1 Conference Room
- 8 Workstations
- Reception Area
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Located in-line with other retail
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 199- 201 | 1,060-2,260 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 207 | 1,196 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
199-217 S Rand Rd - 1st Floor - Ste 199- 201
Prime opportunity for a restaurant operator seeking 2nd generational restaurant spacing. This 2,260 SF location features a complete restaurant infrastructure, including a commercial hood system, grease trap, 3-compartment sink, and walk-in cooler. The existing setup allows for a seamless transition for food service use. The space is currently configured as a individual concept operation (Subway + JJ Twigs), but owner would prefer the space to be joined as one instead of leased separately. All equipment from JJ Twigs is available for purchase, presenting a turnkey opportunity for an incoming tenant or owner-user. Ownership is seeking a tenant who will utilize the full buildout of the space, making this ideal for an established operator or an entrepreneur looking to launch with significant cost savings on on equipment and kitchen build out from scratch.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Drop Ceilings
- Smoke Detector
- Wheelchair Accessible
199-217 S Rand Rd - 1st Floor - Ste 207
A well-sized unit suitable for retail, office, or personal service use. With a prime location within Lake Zurich Square, this space offers excellent foot traffic, convenient access, and strong co-tenancy potential.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 3 - 10 People
- 4 Private Offices
- 1 Conference Room
- 8 Workstations
- Reception Area
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- 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 Lake Zurich Square
- Tenant
- Description
- US Locations
- Reach
- Lake Zurich Family Martial Arts
- Arts, Entertainment, and Recreation
- 1
- Local
- Tacos El Norte
- Restaurant
- 1
- -
- Total Fitness Studio
- Arts, Entertainment, and Recreation
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Lake Zurich Family Martial Arts | Arts, Entertainment, and Recreation | 1 | Local |
| Tacos El Norte | Restaurant | 1 | - |
| Total Fitness Studio | Arts, Entertainment, and Recreation | 1 | Local |
Property Facts
| Total Space Available | 3,456 SF | Center Properties | 1 |
| Min. Divisible | 1,060 SF | Frontage | Rand Rd |
| Center Type | Strip Center | Gross Leasable Area | 15,000 SF |
| Parking | 80 Spaces | Total Land Area | 1.63 AC |
| Stores | 7 | Year Built | 1988 |
| Total Space Available | 3,456 SF |
| Min. Divisible | 1,060 SF |
| Center Type | Strip Center |
| Parking | 80 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | Rand Rd |
| Gross Leasable Area | 15,000 SF |
| Total Land Area | 1.63 AC |
| Year Built | 1988 |
About the Property
Lake Zurich Square is a neighborhood shopping center located in Lake Zurich on Rand Road (45,000 VPD). With the median household income at $150,000+ in a 3 mile radius, the current tenants are doing great business and generate a great amount of foot traffic on a daily basis. TI's are available depending on terms of lease.
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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Lake Zurich Square | 199-217 S Rand Rd
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