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1600-1614 W 59th St
1,320 - 4,440 SF of Retail Space Available in Chicago, IL 60636
Highlights
- Fantastic leasing opportunity in Chicago.
- .5 Miles Away from Ashland & 63rd Green Line.
- 1.5 Miles from I-90.
- Located on major intersection that combines 33,000 VPD.
- Excellent signage opportunities.
- Co-Tenants include Subway, See Thru Chinese, Metro PCS, Seashell.
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 3,120 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
1st Floor | 1,320 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1600-1614 W 59th St - 1st Floor
NNN lease. Call for rate.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1600-1614 W 59th St - 1st Floor
NNN lease. Call for rate.
- Partially Built-Out as a Fast Food Restaurant
- Highly Desirable End Cap Space
- Drive Thru
- Drive thru available
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 1600-1614 W 59th St , Chicago, IL 60636
Centre Type | Strip Center | Total Land Area | 0.43 AC |
Centre Properties | 1 | Year Built | 2005 |
Gross Leasable Area | 11,520 SF |
Centre Type | Strip Center |
Centre Properties | 1 |
Gross Leasable Area | 11,520 SF |
Total Land Area | 0.43 AC |
Year Built | 2005 |
Presented by
CapRock Real Estate
1600-1614 W 59th St
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