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1220 Richards St
4,000 SF of Retail Space Available in Joliet, IL 60433
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,000 SF | Negotiable | £9.40 /SF/PA £0.78 /SF/MO £101.18 /m²/PA £8.43 /m²/MO £37,598 /PA £3,133 /MO | Triple Net |
1st Floor
KW Commercial is pleased to present the opportunity to lease 4,000 square feet of retail space at a multi-tenant retail plaza located at 1220 Richards St, Joliet, Illinois (the “Property”). The plaza was constructed in 1980 and contains approximately 25,000 square feet of gross leasable area on a 3.58-acre corner parcel with plenty of parking. The exterior has been recently painted. The Property shares tenancy with 4 other tenants and is a complimentary mix of local tenants that serve the needs of the area residents. The highly visible Property is anchored by Family Dollar and is strategically located near the intersection of Richards St and Mills Rd. The Property is surrounded by high-density residential neighborhoods all around, providing an instant customer base for the tenants in the plaza. The Property is approximately a half mile east of 53/S Chicago St, less than 2 miles from Interstate 80, and steps away from bus stops. Joliet is located in Will County and is the third most populous city in the state of Illinois. For more information please contact to Omar Tharani. 630-768-1626 (call/text) or omarTbroker@gmail.com
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Includes 200 SF of dedicated office space
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 agent 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 FOR 1220 Richards St , Joliet, IL 60433
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.21/1,000 SF |
| Gross Internal Area | 19,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 19,000 SF |
| Year Built | 1961 |
| Parking Ratio | 4.21/1,000 SF |
About the Property
KW Commercial is pleased to present the opportunity to lease 4,000 square feet of retail space at a multi-tenant retail plaza located at 1220 Richards St, Joliet, Illinois (the “Property”). The plaza was constructed in 1980 and contains approximately 25,000 square feet of gross leasable area on a 3.58-acre corner parcel with plenty of parking. The exterior has been recently painted. The Property shares tenancy with 4 other tenants and is a complimentary mix of local tenants that serve the needs of the area residents. The highly visible Property is anchored by Family Dollar and is strategically located near the intersection of Richards St and Mills Rd. The Property is surrounded by high-density residential neighborhoods all around, providing an instant customer base for the tenants in the plaza. The Property is approximately a half mile east of 53/S Chicago St, less than 2 miles from Interstate 80, and steps away from bus stops. Joliet is located in Will County and is the third most populous city in the state of Illinois. For more information please contact to Omar Tharani. 630-768-1626 (call/text) or omarTbroker@gmail.com
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1220 Richards St
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