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Mallard Crossing 851-933 Meacham Rd 1,200 SF of Office/Retail Space Available in Elk Grove Village, IL 60007
SUBLEASE HIGHLIGHTS
- EXCELLENT ON-SITE PARKING AND STEADY FOOT TRAFFIC GENERATED BY COTENANTS SUCH AS ROSS DRESS FOR LESS, ALDI, DOLLAR TREE AND MORE!
- BUILT-IN CUSTOMER DRAW AND CONVENIENT ACCESS FOR BOTH EMPLOYEES AND CLIENTS.
- THIS SUBLEASE PRESENTS AN ATTRACTIVE OPPORTUNITY FOR BUSINESSES SEEKING A TURNKEY LOCATION IN A PROVEN RETAIL CORRIDOR
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1548 | 1,200 SF | Sep 2027 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1548
POSITION YOUR BUSINESS WITHIN THE WELL-ESTABLISHED MALLARD CROSSING SHOPPING CENTER AT 1548 NERGE ROAD IN ELK GROVE VILLAGE. THIS 1,200 RSF RETAIL/OFFICE SUBLEASE OPPORTUNITY OFFERS IMMEDIATE AVAILABILITY IN A HIGHLY VISIBLE, NEIGHBORHOOD-SERVING CENTER ANCHORED BY STRONG NATIONAL AND DAILY-NEEDS TENANTS. THE OPEN-PLAN LAYOUT PROVIDES FLEXIBILITY FOR A VARIETY OF RETAIL, MEDICAL, OR OFFICE USERS AND IS COMPLEMENTED BY A PRIVATE RESTROOM AND DEDICATED KITCHENETTE, ALLOWING FOR EFFICIENT AND SELF-CONTAINED OPERATIONS
- Sublease space available from current tenant
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
- Central Air and Heating
- Private Restrooms
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 MALLARD CROSSING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ALDI
- Discount Grocer
- 3,052
- International
- Alt-Med Medical & Physical Therapy
- Health Care
- 1
- Local
- ATI Physical Therapy
- Health Care
- 1,065
- National
- Dollar Tree
- Dollar/Variety/Thrift
- 10,720
- International
- Dotty's
- Cocktail Bar
- 141
- Local
- Ross Dress for Less
- Other Retail
- 2,198
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ALDI | Discount Grocer | 3,052 | International |
| Alt-Med Medical & Physical Therapy | Health Care | 1 | Local |
| ATI Physical Therapy | Health Care | 1,065 | National |
| Dollar Tree | Dollar/Variety/Thrift | 10,720 | International |
| Dotty's | Cocktail Bar | 141 | Local |
| Ross Dress for Less | Other Retail | 2,198 | International |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Total Land Area | 9.34 AC |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Freestanding | Parking Ratio | 5.46/1,000 SF |
| Gross Leasable Area | 80,708 SF | Cross Streets | Nerge Rd. |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 80,708 SF |
| Total Land Area | 9.34 AC |
| Year Built | 1993 |
| Parking Ratio | 5.46/1,000 SF |
| Cross Streets | Nerge Rd. |
FEATURES AND AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Mallard Crossing | 851-933 Meacham Rd
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