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Briarwood Retail Center - Suite 1505 1473-1491 S Randall Rd
1,411 SF of Retail Space Available in Algonquin, IL 60102
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1473 | 1,411 SF | 3-10 Years | £17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £24,289 /PA £2,024 /MO | Triple Net |
1st Floor, Ste 1473
CONFIDENTIAL LISTING, please don't talk to employees - Currently occupied by Mathnasium. Tenant relocating. - Available on May 1, 2024 - Prime exposure to Randall Rd retail corridor - 42,694 VPD on Randall Rd. - Located across the street from Algonquin Commons and Walmart -Join Montarra Grill, Diamond Physical Therapy, Jewelers, Plato’s Closet, Blue Ribbon Millwork and @Properties -Adjacent to BP Amoco/Dunkin’ Donuts and Dave’s Hot Chicken
- 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 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.
SELECT TENANTS AT Briarwood Retail Center - Suite 1505
- Tenant
- Description
- US Locations
- Reach
- Blue Ribbon Millwork, Inc
- Other Services
- 2
- Local
- Cross Kicks Fitness
- Fitness
- 2
- Local
- Laura Loyd Jewelers LLC
- Jewellery/Watches
- 1
- Local
- Montarra Grill
- Restaurant
- 1
- Local
- Plato's Closet
- Unisex Apparel
- 642
- International
- Potbelly
- Sub Sandwich
- 538
- International
| Tenant | Description | US Locations | Reach |
| Blue Ribbon Millwork, Inc | Other Services | 2 | Local |
| Cross Kicks Fitness | Fitness | 2 | Local |
| Laura Loyd Jewelers LLC | Jewellery/Watches | 1 | Local |
| Montarra Grill | Restaurant | 1 | Local |
| Plato's Closet | Unisex Apparel | 642 | International |
| Potbelly | Sub Sandwich | 538 | International |
PROPERTY FACTS FOR 1473-1491 S Randall Rd , Algonquin, IL 60102
| Property Type | Retail | Total Land Area | 1.92 AC |
| Property Subtype | Freestanding | Year Built | 2003 |
| Gross Internal Area | 17,232 SF | Parking Ratio | 4.98/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 17,232 SF |
| Total Land Area | 1.92 AC |
| Year Built | 2003 |
| Parking Ratio | 4.98/1,000 SF |
About the Property
Great 1411 SF corner location on Randall Rd north of County Line Rd next to BP Amoco/Dunkin Donuts Existing build out include private office with viewing window, storage closet, janitors closet and a single bathroom Located on Briarwood Retail Center with Montarra Steak House , @ Properties and Plato's Closet. Across the street from Super Walmart.
- Restaurant
- Signage
Nearby Major Retailers
-
Linda Kost -
Realty Metrix Commercial
Presented by
Briarwood Retail Center - Suite 1505 | 1473-1491 S Randall Rd
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