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Shops On Elm Place 581-607 Elm Pl 1,660 - 4,066 SF of Office/Retail Space Available in Highland Park, IL 60035
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201 | 1,660 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $33,200 /YR $2,767 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 218 | 2,406 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $48,120 /YR $4,010 /MO | Triple Net (NNN) |
2nd Floor, Ste 201
Expenses: Real Estate Taxes $6.33 PSF CAM $3.91 PSF Insurance $0.18 PSF
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- 4 Private Offices
- 1 Conference Room
2nd Floor, Ste 218
Expenses: Real Estate Taxes $6.33 PSF CAM $3.91 PSF Insurance $0.18 PSF
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- 6 Private Offices
- 1 Conference Room
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 SHOPS ON ELM PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- BBQ Pit Rib House & Grill
- Restaurant
- 1
- Local
- Berkshire Hathaway Home Services
- Real Estate
- 1,639
- National
- Eye Magic, Inc
- Optical
- 1
- Local
- FreshSkin
- Health Care
- 1
- Local
- Love's
- Ice Cream
- 2
- Local
- Studio Lagree
- Other Services
- 3
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| BBQ Pit Rib House & Grill | Restaurant | 1 | Local |
| Berkshire Hathaway Home Services | Real Estate | 1,639 | National |
| Eye Magic, Inc | Optical | 1 | Local |
| FreshSkin | Health Care | 1 | Local |
| Love's | Ice Cream | 2 | Local |
| Studio Lagree | Other Services | 3 | International |
PROPERTY FACTS
| Total Space Available | 4,066 SF | Year Built | 1988 |
| Property Type | Retail | Parking Ratio | 2.17/1,000 SF |
| Gross Leasable Area | 35,672 SF |
| Total Space Available | 4,066 SF |
| Property Type | Retail |
| Gross Leasable Area | 35,672 SF |
| Year Built | 1988 |
| Parking Ratio | 2.17/1,000 SF |
ABOUT THE PROPERTY
Office Space Available For Lease Located in the heart of vibrant downtown Highland Park. This premier mixed-use property offers an unparalleled location for professionals seeking a dynamic and convenient workspace. Prime Location: Steps away from an array of charming shops, restaurants, and businesses. This vibrant community attracts clients and employees alike, fostering a lively atmosphere for networking and growth. Unmatched Accessibility: The Shops on Elm Place is within walking distance of the Highland Park Metra station, providing seamless access to Chicago and surrounding areas. Whether commuting by train or car, your team and clients will appreciate the convenience. Contact us today to secure your space at The Shops on Elm Place and position your business for success in Highland Park’s dynamic downtown!
- 24 Hour Access
- Signage
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Shops On Elm Place | 581-607 Elm Pl
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