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Westridge Center 626-654 E State Rd 1,300 - 8,800 SF of Retail Space Available in Island Lake, IL 60042
Highlights
- Former Banquet Facility 5,800 SF Divisible
- Mexican Restaurant Space 3,000 SF
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 626-632 | 1,300-5,800 SF | 10’ | 3-20 Years | $12.00 /SF/YR $1.00 /SF/MO $69,600 /YR $5,800 /MO | Plus All Utilities | |
| 1st Floor, Ste 640-642 | 3,000 SF | 10’ | Negotiable | $18.80 /SF/YR $1.57 /SF/MO $56,400 /YR $4,700 /MO | Plus All Utilities |
1st Floor, Ste 626-632
5,800 SF banquet facility is available for immediate occupancy. Gross rent is $5,800/mo ($12. psf with a minimum three-year lease). Current seating capacity is 300+ with 40 tables, all positioned on a terrazzo floor. Space includes a full-service bar, stage for band or wedding party, huge dance floor, oversized bathrooms, separate area for coolers and a freezer and several storage /prep areas). All of the furniture, fixtures and equipment are scheduled to be available for the next tenant if the space is leased as another banquet facility. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by this facility and the adjoining restaurant. This space incorporates 4 retail spaces ranging from 1,300 to 1,500 SF. The entire space can be downsized into any combination of two, three or four units ranging from 1,300 – 4,500 SF.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Finished Ceilings: 10’
- Suite features storefront windows.
1st Floor, Ste 640-642
Former 3,000 SF Mexican restaurant space available for immediate occupancy. Gross rent is $4,700/mo. ($18.80 psf) based on a minimum three-year lease). Current indoor seating arrangement allows for 60+ dining customers, and the seasonal outdoor patio has 20 more seats.Space includes a 30+ ft long customer cooler, game room for six slot machines, large food prep area, 16ft long cook line with hood and Ansul system, and a separate room for coolers and a freezer. All of the restaurants furniture, fixtures and equipment are scheduled to be available for the next tenant. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by the restaurant and the adjoining banquet facility.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Finished Ceilings: 10’
- Suite features front signage.
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 Westridge Center
- Tenant
- Description
- US Locations
- Reach
- Classypups Pet Grooming
- Services
- 1
- -
- Full Circle Dance Center
- Educational Services
- 1
- -
- Gatsby Hair Salon
- Services
- 1
- -
- Gentle Dental
- MD/DDS
- 1
- Local
- Roots Training Center
- Arts, Entertainment, and Recreation
- 1
- -
- Westridge Banquets
- Accommodation and Food Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Classypups Pet Grooming | Services | 1 | - |
| Full Circle Dance Center | Educational Services | 1 | - |
| Gatsby Hair Salon | Services | 1 | - |
| Gentle Dental | MD/DDS | 1 | Local |
| Roots Training Center | Arts, Entertainment, and Recreation | 1 | - |
| Westridge Banquets | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 8,800 SF | Total Land Area | 3.22 AC |
| Min. Divisible | 1,300 SF | Year Built | 1997 |
| Property Type | Retail | Parking Ratio | 4.9/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | Westridge Dr |
| Gross Leasable Area | 21,300 SF |
| Total Space Available | 8,800 SF |
| Min. Divisible | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,300 SF |
| Total Land Area | 3.22 AC |
| Year Built | 1997 |
| Parking Ratio | 4.9/1,000 SF |
| Cross Streets | Westridge Dr |
About the Property
Former Banquet Facility Unit 626-632: 5,800 SF banquet facility is available for immediate occupancy. Gross rent is $5,800/mo ($12. psf with a minimum three-year lease). Current seating capacity is 300+ with 40 tables, all positioned on a terrazzo floor. Space includes a full service bar, stage for band or wedding party, huge dance floor, oversized bathrooms, separate area for coolers and a freezer and several storage /prep areas). All of the furniture, fixtures and equipment are scheduled to be available for the next tenant if the space is leased as another banquet facility. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by this facility and the adjoining restaurant. This space incorporates 4 retail spaces ranging from 1,300 to 1,500 SF. The entire space can be downsized into any combination of two, three or four units ranging from 1,300 – 4,500 SF. Unit 640-642: Former 3,000 SF Mexican restaurant space available for immediate occupancy. Gross rent is $4,700/mo. ($18.80 psf) based on a minimum three-year lease). Current indoor seating arrangement allows for 60+ dining customers, and the seasonal outdoor patio has 20 more seats. Space includes a 30+ ft long customer cooler, game room for six slot machines, large food prep area, 16ft long cook line with hood and Ansul system, and a separate room for coolers and a freezer. All of the restaurants furniture, fixtures and equipment are scheduled to be available for the next tenant. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by the restaurant and the adjoining banquet facility.
- Banking
- Restaurant
- Signage
Presented by
Westridge Center | 626-654 E State Rd
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