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1306 Thelma Keller Ave

10,240 SF of Retail Space Available in Effingham, IL 62401

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 10,240 SF
  • Negotiable
  • £9.39 /SF/PA £0.78 /SF/MO £101.07 /m²/PA £8.42 /m²/MO £96,147 /PA £8,012 /MO
  • Triple Net
Space Use
Retail
Condition
Shell Space
Availability
30 Days
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Space In Need of Renovation
Space Size Term Rent Service Type
1st Floor 10,240 SF Negotiable £9.39 /SF/PA £0.78 /SF/MO £101.07 /m²/PA £8.42 /m²/MO £96,147 /PA £8,012 /MO Triple Net

1st Floor

Size
10,240 SF
Term
Negotiable
Rent
£9.39 /SF/PA £0.78 /SF/MO £101.07 /m²/PA £8.42 /m²/MO £96,147 /PA £8,012 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Shell Space
Availability
30 Days

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Space In Need of Renovation

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 1306 Thelma Keller Ave , Effingham, IL 62401

Property Type Retail
Property Subtype Storefront
Gross Internal Area 10,240 SF
Year Built/Renovated 1996/2000
Parking Ratio 2.44/1,000 SF

About the Property

Effingham’s dynamic commercial property at 1306 Thelma Keller Ave offers an exceptional opportunity for businesses to establish a presence in a thriving regional hub. Positioned strategically just half a mile from both Interstate 57 and Interstate 70, this location provides effortless access to major transportation routes, drawing workers and consumers from an eight-county area with a trade population of approximately 175,000. Effingham's robust business landscape is supported by employers like HSHS St. Anthony Hospital and Heartland Dental, which contribute to the city’s daytime population surge and enhance local commerce. The property is well-situated near popular retail anchors such as Walmart Supercenter, Kohl's, and Meijer, ensuring high visibility and traffic. Effingham’s business-friendly climate is evident, with its top rankings as the 13th best place to start a business in Illinois and the #1 spot for retirement, according to SmartAsset. This site also offers flexible options for sale, lease, build-to-suit, or ground lease, making it adaptable for a variety of commercial uses. Whether for redevelopment or as a premier retail location, this property provides an opportunity for businesses to thrive in an established, high-growth area.

  • Air Conditioning

Nearby Major Retailers

Steak ‘n Shake
Starbucks
Denny's
Chili's Grill & Bar
TGI Fridays
McAlister's Deli
The YMCA
Cracker Barrel Old Country Store
Buffalo Wild Wings
Curves
  • Listing ID: 33837156

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1306 Thelma Keller Ave, Effingham, IL 62401

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