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Citibank 2550 N Sutton Rd 4,665 SF of Retail Space Available in Hoffman Estates, IL 60192
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,665 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
For Sale or Lease + Located off I-90/Route 59 full interchange. • 133,500 VPD on I-90 • 41,210 VPD pass our proposed site on Sutton Road. + Access: • Located at a traffic light making access to the site convenient. • The site is also located at the main entrance to a 700,000 ft Regional Power Center containing a variety of National big box and Junior box traffic generators. Being part of the shopping center provides access to our site from multiple access points from other surrounding thoroughfares. + Daytime Population: • In addition to the employees working the retail sites there is approximately 360,000 SF of Office Buildings behind our site providing a large daytime population. + Retail Traffic Generators: • There is over 1.4 million square feet of retail within a quarter mile of the site. The retail has very little vacancy showing support from consumers to this Regional shopping destination. • Retailers consist of Cabela’s, Duluth Trading Company, Target, Home Goods, TJ Maxx, Ross Dress For Less, Pet Smart, Old Navy, Burlington, Star Cinema Grill. + Entertainment & Hotels: • In addition to the retail and office there is also hotel and a large entertainment venue that is located within the Prairie Stone development. The “NOW Arena” hosts a variety of
- Located off I-90/Route 59 full interchange.
- Located at a traffic light
- 4,665 SF Building on +/- 0.80 Acres (34,939 SF)
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 | 4,665 SF | Total Land Area | 0.77 AC |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Bank | Parking Ratio | 5.36/1,000 SF |
| Gross Leasable Area | 4,665 SF |
| Total Space Available | 4,665 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 4,665 SF |
| Total Land Area | 0.77 AC |
| Year Built | 2006 |
| Parking Ratio | 5.36/1,000 SF |
About the Property
• 133,500 VPD on I-90 • 41,210 VPD pass our proposed site on Sutton Road. • Located at a traffic light making access to the site convenient. • The site is also located at the main entrance to a 700,000 ft Regional Power Center containing a variety of National big box and Junior box traffic generators. Being part of the shopping center provides access to our site from multiple access points from
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
Citibank | 2550 N Sutton Rd
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