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388 Eastgate Dr
10,700 SF of Light Industrial Space Available in Danville, IL 61834
Highlights
- Less than half mile from the brand new huge golden nuggets casino as well as all 10 hotels in walking area
- Large parking for dedicated tenant use
- All equipped ready go space for a bar and restaurant with a nightclub
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 10,700 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Independent well-equipped building ready to go for a perfect bar and nightclub or upscale restaurant with a high ceiling approximately 28 to 30 feet high, central heat and central cool, highly secured place with enough power to operate the location for the use. This premises was last used for Illinois state off-track betting parlor and is well maintained. Please reach out for pricing information. So much to list for this well-equipped location that with a minimum initial investment you can have a nice bar with nightclub. There are 10 hotels surrounding within a walking area and no bar or restaurant at all. The biggest thing that a brand new huge the golden nuggets casino is just two doors down and a walking distance from this location. If you are looking to for opening a restaurant or bar or nightclub a perfect location ready to go with a minimum initial investment. Just a good cosmetic work is needed and you are renting a ready to go place well equipped with all goodies even two public restrooms are also ready for more information you may contact joe immediately.
- Central Air and Heating
- Partitioned Offices
- Reception Area
- Kitchen
- Freezer Space
- Drop Ceilings
- Emergency Lighting
- Common Parts WC Facilities
- High Ceilings
- After Hours HVAC Available
- Corner Space
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 388 Eastgate Dr , Danville, IL 61834
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Bar | Parking Ratio | 6.54/1,000 SF |
| Gross Internal Area | 10,700 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Internal Area | 10,700 SF |
| Year Built | 1995 |
| Parking Ratio | 6.54/1,000 SF |
About the Property
Independently separate parcel for dedicated use of tenant as needed. All utilities and 440 volts electric with updated breakers and fire alarm panels already in place. All equipment are ready to use as needed. Tenant only needs to do a cosmetic work and good to go. There is key money required for the equipment that tenant decides to use. Owners are enthusiastic to rent to a right tenant. Due to golden nugget casino next door and 10 other hotels in walking area a perfect spot for restaurant and bar with a nightclub.
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Recessed Lighting
- Air Conditioning
Presented by
Danville Hospitality
388 Eastgate Dr
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