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781 N Milwaukee Ave 11,808 SF of Retail Space Available in Wheeling, IL 60090
SUBLEASE HIGHLIGHTS
- The building includes a fully built out kitchen with hood, walk-in cooler, drive in delivery door, and private hallway for wait staff
- Conveniently located approx. three (3) from Interstate 294 (I-294) / Interstate 94 (I-94) access
- Visibility and exposure to 64,000+ VPD with a billboard facing Lake Cook Road and dual-sided signage along Milwaukee Avenue
- The building is part of a larger development with The Westin Chicago North Shore, Cooper's Hawk, Saranello's, Cilantro Taco Grill, and Chicago Ramen
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,808 SF | Jun 2031 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Freestanding retail building along Milwaukee Avenue in Wheeling available for sublease. The building is well located at the SEC of the signalized intersection at Milwaukee Avenue and Lake Cook Road, featuring visibility and exposure to 64,000+ VPD. The 11,808 SF building features a large kitchen, bar area, lounge area, and outdoor seating. The kitchen includes a hood, walk-in cooler, drive in delivery door, and private hallway for wait staff. The building is part of a larger development with The Westin Chicago North Shore, Cooper's Hawk, Saranello's, Cilantro Taco Grill, Chicago Ramen, and Spears. Other neighboring retailers include Woodman's, Potbelly, Starbucks, Panera, Mod Pizza, T-Mobile, Benihana, Cheesecake Factory, Noodles & Co, McDonald's, Taco Bell, Boston Fish Market, Bob Chinn's, Superdawg, Fresh Farms International Market, and Culvers, among many others.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Freezer Space
- Corner Space
- Ventilation - Venting
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 781 N MILWAUKEE AVE, WHEELING, IL 60090
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- OKAY Cannabis Experience
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| OKAY Cannabis Experience | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 11,808 SF | Total Land Area | 1.55 AC |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Restaurant | Parking Ratio | 1.36/1,000 SF |
| Gross Leasable Area | 11,808 SF |
| Total Space Available | 11,808 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 11,808 SF |
| Total Land Area | 1.55 AC |
| Year Built | 2007 |
| Parking Ratio | 1.36/1,000 SF |
ABOUT THE PROPERTY
Freestanding retail building along Milwaukee Avenue in Wheeling available for sublease. The building is well located at the SEC of the signalized intersection at Milwaukee Avenue and Lake Cook Road, featuring visibility and exposure to 64,000+ VPD. The 11,808 SF building features a large kitchen, bar area, lounge area, and outdoor seating. The kitchen includes a hood, walk-in cooler, drive in delivery door, and private hallway for wait staff. The building is part of a larger development with The Westin Chicago North Shore, Cooper's Hawk, Saranello's, Cilantro Taco Grill, Chicago Ramen, and Spears. Other neighboring retailers include Woodman's, Potbelly, Starbucks, Panera, Mod Pizza, T-Mobile, Benihana, Cheesecake Factory, Noodles & Co, McDonald's, Taco Bell, Boston Fish Market, Bob Chinn's, Superdawg, Fresh Farms International Market, and Culvers, among many others.
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
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781 N Milwaukee Ave
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