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245 S West Ave 1,440 - 6,000 SF of Retail Space Available in Kankakee, IL 60901
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,440-6,000 SF | 5-10 Years | $9.00 /SF/YR $0.75 /SF/MO $54,000 /YR $4,500 /MO | Triple Net (NNN) |
1st Floor
Available for lease in Kankakee, IL, is approximately 6,000 square feet (plus or minus) of versatile event and entertainment space, formerly a successful axe throwing venue, offered at $9.00 per square foot on a Triple Net (NNN) basis where tenants cover taxes, insurance, and maintenance. This turnkey, open-concept commercial space features high ceilings and is ideal for entertainment, events, live music, or social hospitality concepts, allowing for quick setup and activation. Key highlights include a large tinted glass overhead door on the front for great street visibility and modern curb appeal, two standard overhead doors in the rear, a built-in full-service bar with plumbing and layout ready for beverage service or concessions, dedicated axe throwing lanes that can be kept or removed, and a spacious open floor plan with high ceilings that’s flexible for stages, seating, dance floors, or crowd flow. Ideal uses encompass event spaces for private parties, weddings, corporate events, or fundraisers; live music venues or performance spaces for bands, DJs, comedy, or open mics; pool halls, arcade bars, or multi-game social clubs; sports bars or experiential cocktail lounges; and other bar/entertainment hybrids. Situated in vibrant Kankakee, IL, the property offers solid accessibility and meets demand for unique local venues, with existing improvements enabling fast openings and low build-out needs. AGENT OWNED.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Wheelchair Accessible
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 | 6,000 SF | Gross Leasable Area | 6,000 SF |
| Min. Divisible | 1,440 SF | Year Built/Renovated | 2000/2020 |
| Property Type | Retail |
| Total Space Available | 6,000 SF |
| Min. Divisible | 1,440 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,000 SF |
| Year Built/Renovated | 2000/2020 |
NEARBY MAJOR RETAILERS
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245 S West Ave
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