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Founders Square 7103 W 111th St 22,772 SF of Retail Space Available in Worth, IL 60482
HIGHLIGHTS
- Free Standing Building, Corner, Plenty of parking spaces, great for national tenant, Major exposure on heavy traffic Street, pylon signage
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 22,772 SF | 12’ | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $546,528 /YR $45,544 /MO | Triple Net (NNN) |
1st Floor
marks: Immaculate Free Standing Commercial Building for lease consists of 22,772 sqft, 50+ parking spaces, high ceilings, multiple bathrooms, great exposure on major high traffic 111th Street, 1/2 block east of Harlem. This location would be excellent for a National tenant. Many possibilities to start your own business. The landlord is willing to subdivide up to 7 retail store fronts plus 4000 sqft warehouse in the back with 13 feet ceilings & back loading door. Endless possibilities for retail, hair salons, grocery store, medical center, restaurant, coffee shop, department store etc.... Great exposure with a huge Pylon signage. Owner is working a major frontage face lift
- Lease rate does not include utilities, property expenses or building services
- Central Heating System
- Partitioned Offices
- Corner Space
- High Ceilings
- Finished Ceilings: 12’
- Common Parts WC Facilities
- Drive Thru
- total 22772 sqft, landlord is welling to subdivide
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 22,772 SF | Year Built/Renovated | 1980/2026 |
| Property Type | Retail | Parking Ratio | 2.2/1,000 SF |
| Property Subtype | Freestanding | Construction Status | Under Renovation |
| Gross Leasable Area | 22,772 SF | Cross Streets | S Depot St |
| Total Space Available | 22,772 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 22,772 SF |
| Year Built/Renovated | 1980/2026 |
| Parking Ratio | 2.2/1,000 SF |
| Construction Status | Under Renovation |
| Cross Streets | S Depot St |
ABOUT THE PROPERTY
Immaculate Free Standing Commercial Building for lease consists of 22,772 sqft, 50+ parking spaces, high ceilings, multiple bathrooms, great exposure on major high traffic 111th Street, 1/2 block east of Harlem. This location would be excellent for a National tenant. Many possibilities to start your own business. The landlord is willing to subdivide up to 7 retail store fronts plus 4000 sqft warehouse in the back with 13 feet ceilings & back loading door. Endless possibilities for retail, hair salons, grocery store, medical center, restaurant, coffee shop, department store etc.... Great exposure with a huge Pylon signage. Owner is working a major frontage face lift. $24 Sqft NNN
- Bus Line
- Corner Lot
- Signage
NEARBY MAJOR RETAILERS
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Founders Square | 7103 W 111th St
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