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625-627 Devon Ave 825 SF of Retail Space Available in Park Ridge, IL 60068
HIGHLIGHTS
- High visibility and foot traffic
- Prime location in Park Ridge
- Proximity to major transportation routes
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 625 | 825 SF | Negotiable | $23.00 /SF/YR $1.92 /SF/MO $18,975 /YR $1,581 /MO | Modified Gross |
1st Floor, Ste 625
Adaptable space for retail or street retail venture
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Convenient location and accessibility
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 625-627 DEVON AVE, PARK RIDGE, IL 60068
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
| Total Space Available | 825 SF | Year Built | 1958 |
| Property Type | Retail | Parking Ratio | 1.05/1,000 SF |
| Gross Leasable Area | 2,856 SF | Cross Streets | S Prospect Ave |
| Total Space Available | 825 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,856 SF |
| Year Built | 1958 |
| Parking Ratio | 1.05/1,000 SF |
| Cross Streets | S Prospect Ave |
ABOUT THE PROPERTY
Discover the perfect opportunity for your business at 625 Devon Ave, Park Ridge, IL, 60068. This prime property offers an ideal space for your retail or street retail venture, boasting high visibility and ample foot traffic. The property provides an adaptable canvas to showcase your brand. Its convenient location and accessibility make it an attractive choice for customers from nearby residential neighborhoods and beyond. The property's close proximity to major transportation routes position it as a standout choice for retailers looking to make a lasting impression. Embrace the potential of this remarkable property to elevate your business to new heights.
- Bus Line
- Corner Lot
- Signage
NEARBY MAJOR RETAILERS
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625-627 Devon Ave
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