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Redevelopment Opportunity 6116 Northwest Hwy
2,938 SF of Retail Space Available in Crystal Lake, IL 60014
HIGHLIGHTS
- Dense Retail Corridor
- Strong Traffic Counts | Northwest Hwy, 29,500 Vehicles Daily | S. Main St | 16,300 Vehicles Daily
- Located Within an Affluent Community | Average Household Income Exceeds $107,400 Annually
- Strong Demographics | Over 128,500 Individuals Situated Within a 5-Mile Radius
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,938 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
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 6116 NORTHWEST HWY , CRYSTAL LAKE, IL 60014
| Total Space Available | 2,938 SF | Total Land Area | 0.77 AC |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Fast Food | Cross Streets | Route 14 |
| Gross Internal Area | 2,938 SF |
| Total Space Available | 2,938 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Internal Area | 2,938 SF |
| Total Land Area | 0.77 AC |
| Year Built | 1984 |
| Cross Streets | Route 14 |
ABOUT THE PROPERTY
NNN Pro is pleased to present the exclusive listing for a Redevelopment Opportunity Located at 6116 Northwest Hwy, Crystal Lake, IL 60014. The site consists of roughly 2,938 rentable square feet of building space on an estimated 0.77-acre parcel of land.
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
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Redevelopment Opportunity | 6116 Northwest Hwy
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