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CVS 2075 S Lake St 13,225 SF of Retail Space Available in Mundelein, IL 60060
Sublease Highlights
- 13,225 SF freestanding former CVS
- 49 parking spaces
- High-visibility Route 45 location
- Existing drive-through
- Two pillar signs
- Approximately 27,310 vehicles per day
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,225 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
13,225 SF freestanding former CVS available for sublease at 2075 S Lake Street in Mundelein. The property features an existing drive-through, 49 parking spaces, two pillar signs, and cross-parking with adjacent shopping centers and the DoubleTree Hotel. Positioned along S Lake Street/Route 45 with approximately 27,310 vehicles per day and near Wilson Avenue/Route 83 with approximately 11,720 vehicles per day, the property offers strong visibility and access to the surrounding retail trade area. A long-term ground lease option may also be considered. Rental rate and other terms are available upon request.
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
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.
Property Facts
| Total Space Available | 13,225 SF | Gross Leasable Area | 13,225 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Drug Store | Parking Ratio | 3.71/1,000 SF |
| Total Space Available | 13,225 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 13,225 SF |
| Year Built | 2000 |
| Parking Ratio | 3.71/1,000 SF |
About the Property
2075 S Lake Street is a 13,225 SF freestanding retail building situated on approximately 1.16 acres in Mundelein, Illinois. Formerly occupied by CVS Pharmacy, the property features an existing drive-through, 49 parking spaces, two pillar signs, and cross-parking with neighboring retail properties and the DoubleTree Hotel. The site offers prominent visibility along S Lake Street/Route 45, which carries approximately 27,310 vehicles per day, and is located near Wilson Avenue/Route 83. Nearby retail destinations include Mundelein Crossing, Melody Farms, Marketplace at Vernon Hills, and Rivertree Court.
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
