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2nd Gen Drive-Thru Restaurant - Chicago MSA 1501 River Oaks Dr
3,029 SF of Retail Space Available in Calumet City, IL 60409
Highlights
- Prime Location in Retail Hub: Close Proximity to River Oaks West Shopping Center & River Oaks Center - Ross, Home Depot, JCPenney, & more
- Convenient freeway access to nearby I-294 and I-94 Providing Direct Access to Chicago
- Proximity to one of the nation’s top-visited Sam’s Clubs: Ranked #4 Nationally Based on Placer.ai Foot Traffic Data
- Pylon Signage Opportunity Plus Additional Marquee Signage
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1501 | 3,029 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 1501
Pylon Signage Opportunity Plus Additional Marquee Signage
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Private Restrooms
- Drive Thru
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 1501 River Oaks Dr , Calumet City, IL 60409
| Property Type | Retail | Total Land Area | 0.97 AC |
| Property Subtype | Fast Food | Year Built | 2000 |
| Gross Internal Area | 3,029 SF | Parking Ratio | 9.34/1,000 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Internal Area | 3,029 SF |
| Total Land Area | 0.97 AC |
| Year Built | 2000 |
| Parking Ratio | 9.34/1,000 SF |
About the Property
Pegasus presents an exceptional leasing opportunity situated in a prime retail hub, strategically positioned near the esteemed River Oaks West Shopping Center and River Oaks Center, home to renowned brands including Ross, Home Depot, JCPenney, Macy’s, Party City, Marshalls, and more. This 3,000 SF 2nd Generational drive-thru restaurant enjoys the advantage of proximity to one of the nation’s top-visited Sam’s Clubs, ranked #4 nationally by Placer.ai. Additionally, the property offers convenient freeway access to nearby I-294 and I-94, providing direct connectivity to Chicago.
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
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Andrew Cohen -
Emmet Pierson -
Pegasus Investments
Presented by
2nd Gen Drive-Thru Restaurant - Chicago MSA | 1501 River Oaks Dr
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