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Le Vichyssois 220 Rand Rd 5,200 SF of Retail Space Available in Lakemoor, IL 60051
Highlights
- Second Generation Restaurant -
- Free standing
- On a Major road
- Patio
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,200 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $62,400 /YR $5,200 /MO | Triple Net (NNN) |
1st Floor
Key Money $15,000 Prime retail space in a one-story freestanding restaurant building. Boasts great signage, high visibility, ample parking, and heavy vehicle traffic. Strategically positioned directly along Rand Rd (Route 120) in Lakemoor, the property benefits from exposure to one of the area's principal east-west commercial corridors. Route 120 connects the property with surrounding communities including McHenry, Volo, Fox Lake, Wauconda, Round Lake, and the greater Chain O'Lakes area, creating the potential to draw customers from well beyond Lakemoor itself. The property is just 2 miles west of the major intersection of Routes 120 and 12, one of the area's primary retail nodes. That intersection has grown substantially with major retail and restaurant development anchored by Woodman's Food Market and an expanding collection of national and regional concepts. Plus, Lakemoor continues to actively encourage commercial development along Route 120, with the Village identifying the corridor as an important commercial and development area serving a growing northwest suburban population. Existing FF&E: 12ft commercial hood w/Ansul fire-suppression system Double-stack convection oven 2-door tabletop cooler 3-door/2-drawer cooler Walk-in cooler Stainless-steel prep tables Vegetable/prep sink 3-compartment sink Dining tables & chairs
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Freezer Space
- Free Standing
- Fully Equipped
- 80 Seats
- 40 Parking Spacea
- Patio
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 | 5,200 SF | Gross Leasable Area | 5,200 SF |
| Property Type | Retail | Year Built/Renovated | 1939/2000 |
| Property Subtype | Restaurant | Parking Ratio | 7.57/1,000 SF |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,200 SF |
| Year Built/Renovated | 1939/2000 |
| Parking Ratio | 7.57/1,000 SF |
About the Property
Key Money: $15,000 Rare opportunity to lease a built-out and equipped freestanding restaurant along heavily traveled Route 120 in the growing Lakemoor/McHenry County market. Skip the substantial time, cost, and uncertainty associated with converting raw retail space into a restaurant! This 5,200 sq ft freestanding restaurant is already configured for foodservice use and includes a commercial kitchen with a large exhaust hood & walk-in cooler, dining room furniture, a fenced-in patio, prominent signage, and 40 parking spaces. The property is immediately available for a new tenant, creating an outstanding opportunity for an experienced independent operator, growing restaurant group or established concept looking to enter or expand within the northwest suburban market. One of the property's greatest advantages is its existing restaurant infrastructure. Rather than starting with an empty commercial shell and investing heavily in kitchen improvements, ventilation, refrigeration, plumbing, dining furniture, and related restaurant infrastructure, a new tenant can capitalize on an already established foodservice facility. For a restaurant operator comparing this opportunity with constructing a new restaurant from raw retail space, the combination of an existing commercial kitchen, hood system, refrigeration, dining area, furniture, patio, parking and signage can represent significant potential savings in both startup capital and opening time. Bring your concept here! Prime retail space in a one-story freestanding restaurant building. Boasts great signage, high visibility, ample parking, and heavy vehicle traffic. Strategically positioned directly along Rand Rd (Route 120) in Lakemoor, the property benefits from exposure to one of the area's principal east-west commercial corridors. Route 120 connects the property with surrounding communities including McHenry, Volo, Fox Lake, Wauconda, Round Lake, and the greater Chain O'Lakes area, creating the potential to draw customers from well beyond Lakemoor itself. The property is just 2 miles west of the major intersection of Routes 120 and 12, one of the area's primary retail nodes. That intersection has grown substantially with major retail and restaurant development anchored by Woodman's Food Market and an expanding collection of national and regional concepts. Plus, Lakemoor continues to actively encourage commercial development along Route 120, with the Village identifying the corridor as an important commercial and development area serving a growing northwest suburban population.
- Courtyard
- Fenced Lot
- Restaurant
Contact the Leasing Agent
Le Vichyssois | 220 Rand Rd