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Highland Park Mall 474 Central Ave 202 - 13,492 SF of Space Available in Highland Park, IL 60035
HIGHLIGHTS
- Glass enclosed elevator
- Private Parking
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste 3 | 450 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $5,400 /YR $450.00 /MO | Modified Gross | ||
| Lower Level, Ste 4 | 680 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $8,160 /YR $680.00 /MO | Modified Gross | ||
| Lower Level, Ste 5 | 589 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $7,068 /YR $589.00 /MO | Modified Gross | ||
| Lower Level, Ste 7 | 1,000 SF | 1-5 Years | $10.60 /SF/YR $0.88 /SF/MO $10,600 /YR $883.33 /MO | Modified Gross | ||
| 1st Floor, Ste Restaurant | 7,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $126,000 /YR $10,500 /MO | Modified Gross | ||
| 2nd Floor, Ste 206 | 202 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $3,232 /YR $269.33 /MO | Modified Gross |
Lower Level, Ste 3
450 SF of Prime Retail/Office Locations Located in The Heart of Downtown Highland Park:
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 4 People
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 4
450 SF- 1,000 SF of Prime Retail/Office Space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 5
450 SF- 1,000 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 7
450 SF- 1,000 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 3 - 8 People
- Space is in Excellent Condition
1st Floor, Ste Restaurant
7,000 SF Restaurant space.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Kitchen
- Freezer Space
2nd Floor, Ste 206
202 SF of Prime Retail/Office Space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 1 - 2 People
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste 2 | 775 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $9,300 /YR $775.00 /MO | Modified Gross | ||
| Lower Level, Ste 3 | 450 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $5,400 /YR $450.00 /MO | Modified Gross | ||
| Lower Level, Ste 4 | 680 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $8,160 /YR $680.00 /MO | Modified Gross | ||
| Lower Level, Ste 5 | 589 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $7,068 /YR $589.00 /MO | Modified Gross | ||
| Lower Level, Ste 7 | 1,000 SF | 1-5 Years | $10.60 /SF/YR $0.88 /SF/MO $10,600 /YR $883.33 /MO | Modified Gross | ||
| 1st Floor, Ste Restaurant | 7,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $126,000 /YR $10,500 /MO | Modified Gross | ||
| 2nd Floor, Ste 200 | 1,379 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,064 /YR $1,839 /MO | Modified Gross | ||
| 2nd Floor, Ste 201 | 978 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $15,648 /YR $1,304 /MO | Modified Gross | ||
| 2nd Floor, Ste 202 | 439 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $7,024 /YR $585.33 /MO | Modified Gross | ||
| 2nd Floor, Ste 206 | 202 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $3,232 /YR $269.33 /MO | Modified Gross |
Lower Level, Ste 2
775 SF office space available for lease.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 7 People
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 3
450 SF of Prime Retail/Office Locations Located in The Heart of Downtown Highland Park:
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 4 People
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 4
450 SF- 1,000 SF of Prime Retail/Office Space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 5
450 SF- 1,000 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,494 SF of adjacent space
Lower Level, Ste 7
450 SF- 1,000 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 3 - 8 People
- Space is in Excellent Condition
1st Floor, Ste Restaurant
7,000 SF Restaurant space.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Kitchen
- Freezer Space
2nd Floor, Ste 200
1,379 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Can be combined with additional space(s) for up to 2,796 SF of adjacent space
2nd Floor, Ste 201
978 SF of prime retail/office space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 3 - 8 People
- Can be combined with additional space(s) for up to 2,796 SF of adjacent space
- Open-Plan
2nd Floor, Ste 202
439 SF of Prime Retail/Office Space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 4 People
- Can be combined with additional space(s) for up to 2,796 SF of adjacent space
2nd Floor, Ste 206
202 SF of Prime Retail/Office Space. Located in The Heart of Downtown Highland Park.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 1 - 2 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 | 13,492 SF | Property Subtype | Storefront Retail/Office |
| Max. Contiguous | 2,796 SF | Gross Leasable Area | 21,000 SF |
| Property Type | Retail | Year Built/Renovated | 1940/2017 |
| Total Space Available | 13,492 SF |
| Max. Contiguous | 2,796 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,000 SF |
| Year Built/Renovated | 1940/2017 |
ABOUT THE PROPERTY
The Highland Park Mall is a mixed-use retail, restaurant and office building available for lease at 474 Central Avenue in downtown Highland Park. The building has retained its 1940’s charm with beautiful natural brick and stained glass art along with a charming 3-level glass elevator overlooking Central Avenue and Sheridan Road. Highland Park consistently ranks as one of the nation’s best towns to live, one of the nation’s top beach towns and one of the best cities to live and work in Illinois. Downtown Highland Park is home to over 100 retailers including many award-winning dining establishments.
NEARBY MAJOR RETAILERS
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Highland Park Mall | 474 Central Ave
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