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211 Mine
7,632 SF of Office/Retail Space Available in Sandoval, IL 62882
Highlights
- Have day time auto traffic
- Intersection of 50&51 highways
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 7,632 SF | 2-10 Years | £3.52 /SF/PA £0.29 /SF/MO £37.90 /m²/PA £3.16 /m²/MO £26,872 /PA £2,239 /MO | Plus All Utilities |
1st Floor
Former restaurant that mostly open space
- Listed lease rate plus proportional share of utilities
- Open Floor Plan Layout
- Fits 100 - 200 People
- Space In Need of Renovation
- Central Air and Heating
- Kitchen
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 211 Mine , Sandoval, IL 62882
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Supermarket | Parking Ratio | 2.62/1,000 SF |
| Gross Internal Area | 7,632 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Internal Area | 7,632 SF |
| Year Built | 1970 |
| Parking Ratio | 2.62/1,000 SF |
About the Property
Former Restaurant Building with Endless Possibilities We are pleased to present an exciting opportunity to lease a spacious former restaurant building in Sandoval. This 7,632 square feet property was built in 1970 and holds immense potential for various types of businesses. Whether you're considering a restaurant, church, office space, or any other venture, this property offers a blank canvas awaiting your creative touch. While the building is in need of renovation, the owner is prepared to offer a generous incentive. You will receive a 6-month rent-free period, allowing ample time to complete the necessary renovations and start your business smoothly. The owner is committed to providing a conducive environment for your success. Of particular interest to the town administration is the establishment of a family restaurant. Currently, Sandoval lacks such a dining option, and there is a demand from residents for a welcoming, family-friendly establishment. By opening a family restaurant, you would be catering to the needs of the community and fulfilling a much-desired service. Furthermore, acquiring permits for your chosen business type is hassle-free in Sandoval. The town administration is supportive and eager to attract diverse businesses to enrich the local economy. Whether you're envisioning a restaurant chain, a church, an office space, or any other venture, you can rest assured that the necessary permits will be readily obtainable. Lease terms are flexible and can be tailored to your specific requirements. The owner guarantees a lease agreement spanning from 2 to 10 years, providing you with stability and the opportunity to establish and grow your business in the community. If you are seeking a prime location to launch your business, seize this unique chance to be part of Sandoval's development. With a spacious building, a supportive administration, and a welcoming community, the potential for success is limitless. For further details or to schedule a viewing, please contact me. Don't miss out on this exceptional opportunity to make your mark in Sandoval and embark on a prosperous business venture. We look forward to assisting you in realizing your entrepreneurial aspirations. $6000 a month + all Utilities
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211 Mine
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