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Office/Retail Space 8506 US Highway 50 1,380 - 4,524 SF of Retail Space Available in Lebanon, IL 62254
HIGHLIGHTS
- Superior visibility along H-50
- Access to Interstate 64
- New Construction - Tenant can have input regarding finish
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,380-4,524 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $67,860 /YR $5,655 /MO | Modified Gross |
1st Floor
NOTE: Large warehouse in rear is NOT for lease. Owner is occupying that space. 4,524 SF of retail/office space. Property intended for 3 suites, 1) 1,380SF, 2) 1,380SF, and 3) 1,508SF but landlord is open to 1 tenant prior to demising walls being built soon. Property to be delivered in white box.
- Listed rate may not include certain utilities, building services and property expenses
- All open space, great for retail or office.
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.
PROPERTY FACTS
| Total Space Available | 4,524 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 1,380 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built | 2025 |
| Total Space Available | 4,524 SF |
| Min. Divisible | 1,380 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,000 SF |
| Year Built | 2025 |
ABOUT THE PROPERTY
1-3 retail/office spaces available. 4,524 SF total. If demised into 3 Suites, each Suite shall have 1 restroom. Great visibility along Highway 50. Interstate 64 entrance less than 1 mile. Scott Air Force Base within 5 minutes from property.
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Office/Retail Space | 8506 US Highway 50
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