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North Ridge Shopping Center 6301-6405 North Ave 1,000 SF of Retail Space Available in Oak Park, IL 60302
HIGHLIGHTS
- Pylon Signs X 2
- 30K + VPD
- 97% Occupied
- 450' + Frontage on North Ave
- Dense Population
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B6421 | 1,000 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $25,000 /YR $2,083 /MO | Triple Net (NNN) |
6301-6405 W North Ave - 1st Floor - Ste B6421
Retail Available: 1,000sf at the North Ridge and Rossell North Shopping Centers on North Ave, Oak Park, IL. The property occupies two city blocks located in the densely populated area, catering to both Chicago Neighborhoods and Oak Park. Tenants benefit from over 38K people, 12,936 households, and an AHH income of over $128k, all within 1 mile of the Shopping Centers. Excellent mix of national and local tenants at this signalized intersection on North Ave, seeing over 30K VPD with pylon signage and multiple curb cuts.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- 452'' of Frontage along North Ave
- Pylon Sign
- 30K + VPD
- Signalized Entrance
- 97% Occupied
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 NORTH RIDGE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- FirstCash, Inc.
- Pawn Shop
- 1,322
- International
- J & J Fish
- Fast-food
- 1
- Local
- Metro By T-mobile
- Wireless Communications
- 21,934
- National
- Oxford Insurance Group
- Insurance
- 26
- Regional
- Royal Furniture
- Furniture/Mattress
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| FirstCash, Inc. | Pawn Shop | 1,322 | International |
| J & J Fish | Fast-food | 1 | Local |
| Metro By T-mobile | Wireless Communications | 21,934 | National |
| Oxford Insurance Group | Insurance | 26 | Regional |
| Royal Furniture | Furniture/Mattress | 1 | Local |
PROPERTY FACTS
ABOUT THE PROPERTY
Retail Available: 1,000sf at the North Ridge and Rossell North Shopping Centers on North Ave, Oak Park, IL. The property occupies two city blocks located in the densely populated area, catering to both Chicago Neighborhoods and Oak Park. Tenants benefit from over 38K people, 12,936 households, and an AHH income of over $128k, all within 1 mile of the Shopping Centers. Excellent mix of national and local tenants at this signalized intersection on North Ave, seeing over 30K VPD with pylon signage and multiple curb cuts.
NEARBY MAJOR RETAILERS
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North Ridge Shopping Center | 6301-6405 North Ave
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