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4540 W Touhy Ave 38,025 SF of Retail Space Available in Lincolnwood, IL 60712
Sublease Highlights
- Rooftop parking component.
- Former Amazon Fresh location.
- Positioned along Touhy Avenue.
- New construction completed in 2024.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 38,025 SF | Jan 2029 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Retail sublease opportunity featuring first-generation retail space within a recently completed freestanding building. The property benefits from modern construction, rooftop parking, and proximity to new residential and commercial development.
- Sublease space available from current tenant
- Space is an outparcel at this property
- First-generation retail opportunity.
- Flexible sublease structure.
- Rooftop parking available.
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 | 38,025 SF | Gross Leasable Area | 38,025 SF |
| Property Type | Retail | Total Land Area | 1.59 AC |
| Property Subtype | Supermarket | Year Built | 2024 |
| Total Space Available | 38,025 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 38,025 SF |
| Total Land Area | 1.59 AC |
| Year Built | 2024 |
About the Property
Freestanding retail building completed in 2024 and formerly occupied by Amazon Fresh. The two-story property includes rooftop parking and is located along Touhy Avenue near Lincoln Avenue. The property is adjacent to the District 1860 mixed-use development containing luxury apartments and commercial space.
- Bus Line
Nearby Major Retailers
