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299-303 E Rand Rd 2,359 SF of Office/Retail Space Available in Mount Prospect, IL 60056
HIGHLIGHTS
- Excellent location on Rand Rd.
- Open plan can accommodate a variety of professional/medical uses
- Traffic Count = 20,100 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 299 | 2,359 SF | 3-5 Years | $23.00 /SF/YR $1.92 /SF/MO $54,257 /YR $4,521 /MO | Plus All Utilities |
1st Floor, Ste 299
Attractive 2,359 SF end-cap space with excellent exposure on Rand Rd. in Mount Prospect. Currently has an open layout with a private washroom and storage/utility room that can accommodate a variety of professional/medical uses.
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as Professional Services Office
- Open Floor Plan Layout
- Fits 6 - 19 People
- Space In Need of Renovation
- End cap space
- Private washroom
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.
SELECT TENANTS AT 299-303 E RAND RD, MOUNT PROSPECT, IL 60056
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Eyeclinic & Surgery
- -
- 1
- -
- Fantastic Smiles LTD
- Health Care and Social Assistance
- 1
- -
- Optical Boutique
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Eyeclinic & Surgery | - | 1 | - |
| Fantastic Smiles LTD | Health Care and Social Assistance | 1 | - |
| Optical Boutique | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,359 SF | Gross Leasable Area | 8,000 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.75/1,000 SF |
| Total Space Available | 2,359 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,000 SF |
| Year Built | 1994 |
| Parking Ratio | 3.75/1,000 SF |
ABOUT THE PROPERTY
This 8,000 SF office/retail building is conveniently located at the southwest corner of E. Rand Rd. and E. Highland St. with direct access from Rand Rd. in Mount Prospect. Excellent exposure to 20,100 VPD on Rand Rd. Join other medical uses at this prime location.
- Corner Lot
- Freeway Visibility
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Accent Lighting
NEARBY MAJOR RETAILERS
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299-303 E Rand Rd
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