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Dundee Point 720-784 E Dundee Rd 3,639 SF of Retail Space Available in Palatine, IL 60074
HIGHLIGHTS
- High Visibility on Dundee & Rand Roads
- Over 100 parking spaces
- Monument Sign
- Directly across from Home Depot, Target, Staples
- Huge Traffic Counts
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,639 SF | 5-20 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
720 E Dundee Rd - 1st Floor
Former free-standing bank with drive-thru lanes, Building is 3,639 sf. Property at lighted intersection direction across from Target, Ross, TJ Maxx, Chipotle, Starbucks and more. Will consider new ground lease, property is approx. 35k sf of land.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Space is in Excellent Condition
- 3,639 sf former bank branch building
- At signalized intersection
- Three Drive thru lanes
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 DUNDEE POINT
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Club Pilates
- Fitness
- 1,653
- International
- Jimmy John's
- Sub Sandwich
- 3,217
- International
- Little Caesars
- -
- -
- -
- Massage Envy
- -
- -
- -
- The UPS Store
- Business/Copy/Postal Services
- 7,881
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Club Pilates | Fitness | 1,653 | International |
| Jimmy John's | Sub Sandwich | 3,217 | International |
| Little Caesars | - | - | - |
| Massage Envy | - | - | - |
| The UPS Store | Business/Copy/Postal Services | 7,881 | International |
PROPERTY FACTS
| Total Space Available | 3,639 SF | Frontage | Dundee rd |
| Center Type | Strip Center | Gross Leasable Area | 34,635 SF |
| Parking | 297 Spaces | Total Land Area | 4.50 AC |
| Stores | 1 | Year Built | 2005 |
| Center Properties | 3 | Cross Streets | Lynda Dr |
| Total Space Available | 3,639 SF |
| Center Type | Strip Center |
| Parking | 297 Spaces |
| Stores | 1 |
| Center Properties | 3 |
| Frontage | Dundee rd |
| Gross Leasable Area | 34,635 SF |
| Total Land Area | 4.50 AC |
| Year Built | 2005 |
| Cross Streets | Lynda Dr |
ABOUT THE PROPERTY
Space Available in this shopping center across from Target, Home Depot, Staples. Over 100 parking spaces dedicated to the center. Space comes with individual monument sign! High visibility location, center close to the street with visibility from Dundee and Rand Road.
NEARBY MAJOR RETAILERS
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Dundee Point | 720-784 E Dundee Rd
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