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300 Parkway Dr 75,372 SF of 4-Star Retail Space Available in Lincolnshire, IL 60069
Highlights
- Prime property for special purpose ventures
- Flexible use options
- Strategic location
- Highly sought-after area
- Strong investment opportunity
- Versatile potential
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 75,372 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Position your business in one of Lincolnshire's most prominent commercial destinations at 300 Parkway Drive. Located in the heart of the village's thriving retail and entertainment corridor, this premier property offers exceptional visibility, easy access, and abundant parking with approximately 1,556 spaces. Originally built in 1998 and extensively renovated in 2017, the property is surrounded by a strong mix of national retailers, restaurants, hotels, and corporate offices, creating a vibrant, high-traffic environment. The nearby 444 Social luxury apartment community and nationally recognized Adlai E. Stevenson High School contribute to a growing residential and consumer base, while convenient access to major roadways and the area's affluent demographics provide an ideal setting for a wide range of commercial users. This is a rare opportunity to lease space in one of Chicago's most desirable North Shore business corridors.
- Partially Built-Out as a Movie Theater
- Space is an outparcel at this property
- Central Air and Heating
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 | 75,372 SF | Gross Leasable Area | 75,372 SF |
| Property Type | Retail | Year Built/Renovated | 1998/2017 |
| Property Subtype | Movie Theater | Parking Ratio | 10.61/1,000 SF |
| Total Space Available | 75,372 SF |
| Property Type | Retail |
| Property Subtype | Movie Theater |
| Gross Leasable Area | 75,372 SF |
| Year Built/Renovated | 1998/2017 |
| Parking Ratio | 10.61/1,000 SF |
Nearby Major Retailers
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300 Parkway Dr
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