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601 S 88th Ave
975 - 2,175 SF of Retail Space Available in Peotone, IL 60468
Highlights
- Brand new construction with a modern layout and bright interior.
- New Holiday Inn is under construction with a restaurant to follow.
- Property is located at the full interchange of I-57 and Wilmington Rd. (Exit 327).
- High traffic counts on I-57 with 34,631 VPD just north of site and 35,330 VPD just south of site.
Space Availability (2)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 975 SF | 15 ft - 20 ft | 5-20 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Modified Gross | |
| 2nd Floor | 1,200 SF | - | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Owner is very flexible to getting you in the unit! Dunkin' Donuts and Charley's Cheesesteaks are co-tenants. Pylon Signage available. The new Travel Center has convenience store and access to a lounge bar, private showers, lockers, video gaming bar, private spa and work out area.
- Listed rate may not include certain utilities, building services and property expenses
- Located in Food Court
- Space In Need of Renovation
- Central Air and Heating
- High Ceilings
- Shower Facilities
- Finished Ceilings: 15 ft - 20 ft
- Pylon signage available on two signs one on I-57.
- Brand new construction with a modern layout
- Bright Interior
2nd Floor
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
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.
SITE PLAN
PROPERTY FACTS FOR 601 S 88th Ave , Peotone, IL 60468
| Property Type | Retail | Gross Internal Area | 11,729 SF |
| Property Subtype | Service Station | Year Built | 2023 |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Internal Area | 11,729 SF |
| Year Built | 2023 |
About the Property
New construction, conveniently located service station with excellent exposure from roadways and popular tenants such as Dunkin Donuts and Charley's Cheeseteak and Wings.
- 24 Hour Access
- Food Court
- Property Manager on Site
- Signage
- Air Conditioning
Presented by
601 S 88th Ave
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