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Douglas Centre 2601-2709 W Grand Ave 3,920 - 11,903 SF of Office/Retail Space Available in Waukegan, IL 60085
HIGHLIGHTS
- 3,920-5,297 SF Spaces For Lease at Douglas Centre
- Pylon & Digital Signage Available on Grand Ave
- Second Generation Restaurant, Retail & Office Spaces Ready for New Tenants
- Great Existing Tenants include Dollar General, Talecris, Rent A Center, & Dotty's Cafe
- Shadow Anchored by 70,000 SF Lewis Foods Store
- Immediate Availability
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E - 2607 | 3,920 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $58,800 /YR $4,900 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste J - 2617 | 5,297-7,983 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $119,745 /YR $9,979 /MO | Triple Net (NNN) |
2603-2709 W Grand Ave - 1st Floor - Ste E - 2607
38 ft of frontage Large back room, perfect for storage and/or office. 400 amp electrical service, distributed throughout the space HVAC 1 Ton per 300 SF, distributed throughout space Drop ceiling with grid, ceiling tile and lighting 2 ADA compliant bathrooms
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Open Floor Plan Layout
- Fits 10 - 32 People
2603-2709 W Grand Ave - 1st Floor - Ste J - 2617
Fully equipped +/- 5,297 SF 2nd generation restaurant space. Can combine with adjacent space to 7983 SF. All FF&E stays with the space and it has a full-service kitchen.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Open Floor Plan Layout
- Fits 14 - 64 People
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 | 11,903 SF | Center Properties | 1 |
| Min. Divisible | 3,920 SF | Gross Leasable Area | 65,992 SF |
| Center Type | Community Center | Total Land Area | 5.54 AC |
| Parking | 300 Spaces | Year Built | 1972 |
| Stores | 12 |
| Total Space Available | 11,903 SF |
| Min. Divisible | 3,920 SF |
| Center Type | Community Center |
| Parking | 300 Spaces |
| Stores | 12 |
| Center Properties | 1 |
| Gross Leasable Area | 65,992 SF |
| Total Land Area | 5.54 AC |
| Year Built | 1972 |
ABOUT THE PROPERTY
Join Dollar General, Talecris Plasma Resources, Rent-A-Center, Dotty's Cafe, H&R Block & other quality tenants in this approx. 66,000 SF neighborhood shopping center on high-profile Grand Ave. (IL 132) in Waukegan, IL. 3,920-5,297 SF spaces available in Vanilla Box condition ready for new businesses. Shadow anchored by Lewis Foods Supermarket Center, the property is well situated and positioned for any retail/office use. Great visibility from Grand Ave. Over 27,000 Vehicles Per Day traffic count. The property boasts building pylon and large digital billboard signage right on Grand Ave. Available spaces include a 2nd generation restaurant space and a former bank facility. New leases just signed with CM Chicken and Serenity Home Health Services.
- Banking
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Douglas Centre | 2601-2709 W Grand Ave
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