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Liberty Mill Plaza 908-914 S Milwaukee Ave 2,000 - 3,500 SF of Retail Space Available in Libertyville, IL 60048
HIGHLIGHTS
- Raw shell in need of build out
- Heavy traffic, easy access and plenty of parking
- Near Advocate Condell Hospital
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-3,500 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $52,500 /YR $4,375 /MO | Triple Net (NNN) |
902-918 S Milwaukee Ave - 1st Floor
50' frontage x 40-70' depth
- Lease rate does not include utilities, property expenses or building services
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 LIBERTY MILL PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Firestone Tires
- Retailer
- -
- -
- High School Dist 128
- Educational Services
- 1
- -
- Liberty Auto Plaza
- -
- -
- -
- O'Reilly Auto Parts
- Automotive
- 7,336
- International
- PSQ Dryclean
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Firestone Tires | Retailer | - | - |
| High School Dist 128 | Educational Services | 1 | - |
| Liberty Auto Plaza | - | - | - |
| O'Reilly Auto Parts | Automotive | 7,336 | International |
| PSQ Dryclean | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,500 SF | Frontage | 636’ on Milwaukee Avenue |
| Min. Divisible | 2,000 SF | Gross Leasable Area | 34,367 SF |
| Center Type | Neighborhood Center | Total Land Area | 7.90 AC |
| Parking | 178 Spaces | Year Built | 1974 |
| Stores | 7 | Cross Streets | SEC Milwaukee Ave & Valley Park Dr |
| Center Properties | 1 |
| Total Space Available | 3,500 SF |
| Min. Divisible | 2,000 SF |
| Center Type | Neighborhood Center |
| Parking | 178 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | 636’ on Milwaukee Avenue |
| Gross Leasable Area | 34,367 SF |
| Total Land Area | 7.90 AC |
| Year Built | 1974 |
| Cross Streets | SEC Milwaukee Ave & Valley Park Dr |
ABOUT THE PROPERTY
High traffic neighborhood center anchored by car dealerships on the south end, national and local retailers to the north, and across the street from Advocate Condell Hospital
- Corner Lot
- Property Manager on Site
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
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Liberty Mill Plaza | 908-914 S Milwaukee Ave
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