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Lindenhurst Center 2040-2140 E Grand Ave 2,586 SF of Retail Space Available in Lindenhurst, IL 60046

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HIGHLIGHTS

  • The new ownership has increased the center's occupancy from 40% to 97% within 10 months
  • New ownership investing over $2.4 Million of capital expenditures
  • Signaled corner 21,000 VPD on East Grand Ave and 10,000 VPD on Salt Lake Rd with new pylon signage and a large surrounding population
  • ACE Hardware brand new 21K SF shop recently open!
  • Extensive renovations of exteriors, interiors, lighting, security cameras, and parking
  • High income population, over $105,000 within a 3-mile radius

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 2114
  • 2,586 SF
  • 3-5 Years
  • $12.00 /SF/YR $1.00 /SF/MO $31,032 /YR $2,586 /MO
  • Triple Net (NNN)
2040-2140 E Grand Ave - 1st Floor - Ste 2114
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Last Retail space available! Suitable for multiple purposes (Restaurant, Daycare, Vet/Pet shop, etc)

  • 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 Size Term Rental Rate Rent Type
1st Floor, Ste 2114 2,586 SF 3-5 Years $12.00 /SF/YR $1.00 /SF/MO $31,032 /YR $2,586 /MO Triple Net (NNN)

2040-2140 E Grand Ave - 1st Floor - Ste 2114

Size
2,586 SF
Term
3-5 Years
Rental Rate
$12.00 /SF/YR $1.00 /SF/MO $31,032 /YR $2,586 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Last Retail space available! Suitable for multiple purposes (Restaurant, Daycare, Vet/Pet shop, etc)

  • Lease rate does not include utilities, property expenses or building services
  • 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 LINDENHURST CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Aqua Pool & Spa Pros
  • Other Retail
  • 1
  • Local
  • Chopstix Chinese Restaurant
  • Accommodation and Food Services
  • -
  • -
  • Domino’s
  • Pizza
  • 9,065
  • International
  • H&R Block
  • Acctg/Tax Prep
  • 13,520
  • International
  • Linden Liquors
  • Liquor
  • 1
  • Local
  • Natural Care Chiropractic
  • MD/DDS
  • 1
  • Local
TENANT DESCRIPTION US LOCATIONS REACH
Aqua Pool & Spa Pros Other Retail 1 Local
Chopstix Chinese Restaurant Accommodation and Food Services - -
Domino’s Pizza 9,065 International
H&R Block Acctg/Tax Prep 13,520 International
Linden Liquors Liquor 1 Local
Natural Care Chiropractic MD/DDS 1 Local

PROPERTY FACTS

Total Space Available 2,586 SF
Center Type Neighborhood Center
Parking 600 Spaces
Stores 25
Center Properties 1
Frontage
1,000’ on E Grand Ave
  • 250’ on Sand Lake Rd
Gross Leasable Area 83,088 SF
Total Land Area 5.75 AC
Year Built 1973

ABOUT THE PROPERTY

Introducing Lindenhurst Center (Under New Ownership), located at the busy intersection of E Grand Ave (20,300 VPD) and Sand Lake Rd (10,000 VPD), offering prime visibility, ample parking, and a strong tenant mix. With significant capital investment and 97% occupancy, only one 2,500 SF space remains—a rare opportunity for a restaurant or retail concept in a thriving location. Anchored by ACE Hardware (21K SF opened April 2025) and home to H&R Block, Domino’s, and Play Time Gym, the property is surrounded by a growing population of 123,000 within five miles and a median household income of $85,000. Just minutes from Holiday Inn Chicago North, Hampton Inn Gurnee, and Great Wolf Lodge, the location draws steady traffic from both locals and visitors. With a modernized façade, new pylon signage, and a prime spot at a signalized intersection, this is a rare opportunity to join one of Lindenhurst’s most established retail centers. Only one space left—don’t miss it.

  • 24 Hour Access
  • Restaurant
  • Signage
  • Signalized Intersection
  • Storage Space
  • Monument Signage
  • Air Conditioning

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
7,227
39,581
118,651
262,580
2029 Population
7,125
38,994
116,955
264,622
2024-2029 Projected Population Growth
-1.4%
-1.5%
-1.4%
0.8%
Median Age
40.8
40.1
38.7
40.3
College Degree + Higher
38%
41%
37%
25%
Daytime Employees
1,005
9,469
41,104
104,135
Total Businesses
183
1,356
4,378
12,499
Average Household Income
$128,617
$132,499
$125,142
$130,231
Median Household Income
$112,719
$112,575
$102,722
$106,518
Total Consumer Spending
$102.3M
$549.1M
$1.6B
$3.5B
2024 Households
2,622
13,852
40,696
95,195
Average Home Value
$237,712
$272,715
$269,983
$334,267
  • Listing ID: 29350242

  • Date on Market: 8/29/2023

  • Last Updated:

  • Address: 2040-2140 E Grand Ave, Lindenhurst, IL 60046

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