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Algonquin Galleria Randall Rd
1,700 - 31,778 SF of Retail Space Available in Algonquin, IL 60102
HIGHLIGHTS
- Outlot building on Randall Rd & County Line Rd in Algonquin. Dual Signage available on building. Join Best Buy and La-Z-boy and JoAnn Fabrics
SPACE AVAILABILITY (2)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1515 | 1,700 SF | 5 Years | £22.27 /SF/PA £1.86 /SF/MO £37,856 /PA £3,155 /MO | Triple Net | ||
| 1st Floor, Ste 1561 | 30,078 SF | Negotiable | £11.13 /SF/PA £0.93 /SF/MO £334,891 /PA £27,908 /MO | TBD |
1515-1519 S Randall Rd - 1st Floor - Ste 1515
UNIT 1515 - 1,700 SF end cap space on Randall Rd., with one bathroom Space dimensions: 19’ wide x 83’ deep Prime exposure to Randall Road retail corridor, with dual signage on building facade Located across the street from Algonquin Commons and Walmart Join La-Z Boy, PotBelly, Athletico, JoAnn’s, Fox River Spa, HassleLess Mattress, and Longhorn Steakhouse Coming soon - Raising Cane’s Belle Tire, BJ’s Restaurant & Brewery, Portillo’s and Cooper’s Hawk immediately to the south at shared signaled intersection
- Lease rate does not include utilities, property expenses or building services
1543-1565 S Randall Rd - 1st Floor - Ste 1561
Outstanding opportunity to be located at the premier retail intersection of Randall Rd. and County Line Rd. in Algonquin’s 2,000,000 square foot retail node Located across the street from Algonquin Commons, a premier 600,000 SF lifestyle center anchored by Trader Joe’s, Nordstrom Rack, Barnes & Noble, Pottery Barn and Walmart Supercenter Join JoAnn Fabrics, LaZBoy, Bowlero, Golden Corral, Lone Star Steakhouse, Potbelly’s, Athletico, Deli-4-U, Hassleless Mattress Adjacent to the Enclave, a 74 acre mixed-use development to be anchored by Cooper’s Hawk, BJ’s Brewhouse Raising Cane’s and Portillo’s Affluent trade area boasts average household incomes of $100,000+ Traffic counts are 33,000 VPD
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 ALGONQUIN GALLERIA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Athlectico
- -
- -
- -
- Baird & Warner Real Estate
- Real Estate
- 65
- National
- Baird Warner
- -
- -
- -
- Best Buy
- -
- -
- -
- La - Z - Boy Showcase Shoppe
- -
- -
- -
- La-Z-Boy
- Furniture/Mattress
- 531
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Athlectico | - | - | - |
| Baird & Warner Real Estate | Real Estate | 65 | National |
| Baird Warner | - | - | - |
| Best Buy | - | - | - |
| La - Z - Boy Showcase Shoppe | - | - | - |
| La-Z-Boy | Furniture/Mattress | 531 | International |
PROPERTY FACTS FOR RANDALL RD , ALGONQUIN, IL 60102
| Total Space Available | 31,778 SF | Frontage | |
| Centre Type | Lifestyle Center | Gross Leasable Area | 239,480 SF |
| Parking | 2,419 Spaces | Total Land Area | 25.60 AC |
| Centre Properties | 9 | Year Built | 2008 |
| Total Space Available | 31,778 SF |
| Centre Type | Lifestyle Center |
| Parking | 2,419 Spaces |
| Centre Properties | 9 |
| Frontage | |
| Gross Leasable Area | 239,480 SF |
| Total Land Area | 25.60 AC |
| Year Built | 2008 |
ABOUT THE PROPERTY
Prime Corner location at the SEC of Randall Rd and County Line Rd. Endcap location in freestanding outlot building located in front of Martejo Discount, La-z-y Boy, JoAnn Fabrics and Deli 4 You Wide open space with a single bathroom, storage area and ready for occupancy Dual signage Co- tenants in the outlot building are PotBelly, Athletico and Haselless Mattress Located across from Algonquin Commons and WalMart.
- Pylon Sign
- Signalised Intersection
NEARBY MAJOR RETAILERS
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Algonquin Galleria | Randall Rd
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