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5,054 SF Retail Space 310 Randall Rd 5,054 SF of Retail Space Available in South Elgin, IL 60177
HIGHLIGHTS
- Busy retail shopping center with Randall Road exposure
- National retail co-tenancy
- Randall Road pylon signage
- End cap unit features large windows with natural light
- Ample Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 310 | 5,054 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $136,458 /YR $11,372 /MO | Triple Net (NNN) |
1st Floor, Ste 310
Floor to Ceiling Windows Open Floor Plan Nice Tile Floors 2 Restrooms Storage Area
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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.
SITE PLAN
SELECT TENANTS AT 5,054 SF RETAIL SPACE
- AT&T Store
- Kohls Department Stores Inc
PROPERTY FACTS
| Total Space Available | 5,054 SF | Gross Leasable Area | 8,460 SF |
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.32/1,000 SF |
| Total Space Available | 5,054 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,460 SF |
| Year Built | 2002 |
| Parking Ratio | 5.32/1,000 SF |
ABOUT THE PROPERTY
Anchored by prominent national retail co-tenants and benefiting from exceptional exposure and signage along Randall Road, this striking property presents an unparalleled opportunity for your business. With a high traffic count of 26,400+ vehicles per day, this bustling shopping center offers a prime setting to showcase your brand. The HVAC system features two 10-ton units and the electrical infrastructure includes 400amp, 120/208 volt, 3-phase, 42-circuit capabilities. Don't miss the chance to join this vibrant commercial hub and position your business at the forefront of success.
NEARBY MAJOR RETAILERS
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5,054 SF Retail Space | 310 Randall Rd
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