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Palwaukee Plaza 604-698 N Milwaukee Ave
904 - 10,684 SF of Retail Space Available in Prospect Heights, IL 60070
Highlights
- Near Chicago Executive Airport, I-294. Minutes away from O'Hare International Airport.
- Office, retail and pad site opportunities.
- Easily accessed from many Northwest communities.
- High day and night population.
Space Availability (3)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
Space | Size | Ceiling | Term | Rent | Service Type | |
1st Floor, Ste 622 | 904 SF | 10 ft | Negotiable | £11.83 /SF/PA £0.99 /SF/MO £127.39 /m²/PA £10.62 /m²/MO £10,699 /PA £891.57 /MO | Triple Net | |
1st Floor, Ste 660 | 7,500 SF | 10 ft | 5 Years | £9.47 /SF/PA £0.79 /SF/MO £101.91 /m²/PA £8.49 /m²/MO £71,010 /PA £5,917 /MO | Triple Net | |
1st Floor, Ste 694 | 2,280 SF | 10 ft | 3-10 Years | £11.83 /SF/PA £0.99 /SF/MO £127.39 /m²/PA £10.62 /m²/MO £26,984 /PA £2,249 /MO | Triple Net |
618-698 N Milwaukee Ave - 1st Floor - Ste 622
904 SF retail space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Fully Carpeted
- Drop Ceilings
- After Hours HVAC Available
- Finished Ceilings: 10 ft
- Private Restrooms
618-698 N Milwaukee Ave - 1st Floor - Ste 660
7,500 SF retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- Finished Ceilings: 10 ft
618-698 N Milwaukee Ave - 1st Floor - Ste 694
2,280 SF available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Fully Carpeted
- High Ceilings
- Drop Ceilings
- Recessed Lighting
- Finished Ceilings: 10 ft
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 Palwaukee Plaza
- Tenant
- Description
- US Locations
- Reach
- Care For Kids Learning Center
- Day-care
- 1
- Local
- Family Dollar Store
- Dollar/Variety/Thrift
- 10,782
- National
- La Michoacana
- Ice Cream
- 22
- National
- Monica's Mexican Restaurant
- Restaurant
- 1
- Local
- Rocky's American Grill
- Restaurant
- 1
- Local
- Village Bank & Trust, National Association
- Bank
- 9
- Local
Tenant | Description | US Locations | Reach |
Care For Kids Learning Center | Day-care | 1 | Local |
Family Dollar Store | Dollar/Variety/Thrift | 10,782 | National |
La Michoacana | Ice Cream | 22 | National |
Monica's Mexican Restaurant | Restaurant | 1 | Local |
Rocky's American Grill | Restaurant | 1 | Local |
Village Bank & Trust, National Association | Bank | 9 | Local |
PROPERTY FACTS FOR 604-698 N Milwaukee Ave , Prospect Heights, IL 60070
Centre Type | Neighborhood Center | Gross Leasable Area | 105,182 SF |
Parking | 595 Spaces | Total Land Area | 27.23 AC |
Stores | 34 | Year Built | 1978 |
Centre Properties | 3 | Cross Streets | Palatine Rd |
Frontage |
Centre Type | Neighborhood Center |
Parking | 595 Spaces |
Stores | 34 |
Centre Properties | 3 |
Frontage | |
Gross Leasable Area | 105,182 SF |
Total Land Area | 27.23 AC |
Year Built | 1978 |
Cross Streets | Palatine Rd |
About the Property
100,000sf mix use center located just south of Chicago Executive Airport and one mile from I-294 full interchange. There are over 66,000 vehicles per day at Milwaukee Avenue & Palatine Road. The surrounding area consists of dense residential, industrial, office and hospitality. Surrounding communities include Northbrook, Wheeling, Arlington Heights, Buffalo Grove, Mount Prospect, etc. Idea for retail, medical and office users.
- Air Conditioning
- Banking
- Bus Route
- Property Manager on Site
- Pylon Sign
- Signalised Intersection
- Tenant Controlled HVAC
- Monument Signage
Presented by
Palwaukee Plaza | 604-698 N Milwaukee Ave
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