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Hamilton Center 240 W Northwest Hwy 1,006 - 2,816 SF of Retail Space Available in Palatine, IL 60067
HIGHLIGHTS
- Prime frontage on W Northwest Highway with daily traffic exceeding 25,000 vehicles
- Surrounded by dense residential neighborhoods and thriving retail activity
- Minutes from downtown Palatine and the Metra station
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 236 | 1,810 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Full Service | ||
| 1st Floor, Ste 240 | 1,006 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 236
There is currently space available for lease at 236 W Northwest Highway, Palatine, IL 60067, which may suit a coffee shop. The location offers a versatile layout in a highly visible area, making it ideal for retail or hospitality use, including cafes.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
1st Floor, Ste 240
The Palatine Beauty & Wellness Suites offer fully built-out, professional salon suites designed for beauty and wellness professionals. These suites are located in the heart of Palatine and provide a luxurious and supportive environment for independent stylists, estheticians, and wellness practitioners.
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
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 | 2,816 SF | Gross Leasable Area | 12,450 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront | Parking Ratio | 3.61/1,000 SF |
| Total Space Available | 2,816 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,450 SF |
| Year Built | 1988 |
| Parking Ratio | 3.61/1,000 SF |
ABOUT THE PROPERTY
Unit 240 – Private Salon Suites Step into a modern and professional setting tailored for beauty and wellness entrepreneurs. 4 fully finished private salon suites available – perfect for hairstylists, estheticians, nail artists, barbers, and wellness professionals 2 Months Free Rent (terms and conditions apply) Located in a busy retail plaza with excellent visibility and steady foot traffic Ideal for independent stylists ready to grow their business in a premium location Move-in-ready private salon suites designed to elevate your brand. Unit 236 – Perfect for Boba, Coffee, Dessert, or Carryout Restaurant Bring your café or dessert concept to life in this ready-to-lease retail space. Bathrooms already finished – save on build-out costs Tenant Improvement Incentives: 5-Year Lease: $25,000 Credit 10-Year Lease: $50,000 Credit Great layout for boba tea, coffee shop, dessert bar, or take-out restaurant High visibility from W Northwest Highway with easy access and parking Excellent signage opportunities in a plaza surrounded by popular retail and dining brands An ideal space to establish your signature coffee or dessert destination.
NEARBY MAJOR RETAILERS
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Hamilton Center | 240 W Northwest Hwy
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