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Vermillion Plaza 1-14 W Reynolds St
1,800 - 126,118 SF of Retail Space Available in Pontiac, IL 61764
Highlights
- Various sized spaces available
- Easily accessible
- Tons of parking
- Available for sale
Space Availability (8)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 83,914 SF | Negotiable | $2.83 CAD/SF/YR $0.24 CAD/SF/MO $30.52 CAD/m²/YR $2.54 CAD/m²/MO $19,824 CAD/MO $237,891 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 10 | 2,700 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $1,914 CAD/MO $22,963 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 14 | 2,540 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $1,800 CAD/MO $21,602 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 23 | 4,195 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $2,973 CAD/MO $35,678 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 28 | 7,748 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $5,491 CAD/MO $65,895 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 30 | 11,556 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $8,190 CAD/MO $98,282 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 34 | 11,665 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $8,267 CAD/MO $99,209 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 40 | 1,800 SF | Negotiable | $8.50 CAD/SF/YR $0.71 CAD/SF/MO $91.55 CAD/m²/YR $7.63 CAD/m²/MO $1,276 CAD/MO $15,309 CAD/YR | Triple Net (NNN) |
1-14 W Reynolds St - 1st Floor - Ste 1
Former KMart space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
1-14 W Reynolds St - 1st Floor - Ste 10
Former diner
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
1-14 W Reynolds St - 1st Floor - Ste 14
2,540 square feet of retail space available for lease
- Lease rate does not include utilities, property expenses or building services
23-34 W Reynolds St - 1st Floor - Ste 23
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
23-34 W Reynolds St - 1st Floor - Ste 28
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
23-34 W Reynolds St - 1st Floor - Ste 30
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
23-34 W Reynolds St - 1st Floor - Ste 34
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
40 Vermillon Plz - 1st Floor - Ste 40
Out-building. Former Pizza Hut restaurant. Ready for your restaurant concept!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space In Need of Renovation
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 broker 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 1-14 W Reynolds St , Pontiac, IL 61764
| Center Type | Community Center | Frontage | W Reynolds St |
| Parking | 250 Spaces | Gross Leasable Area | 149,457 SF |
| Stores | 12 | Total Land Area | 58.51 AC |
| Center Properties | 3 | Year Built | 1976 |
| Center Type | Community Center |
| Parking | 250 Spaces |
| Stores | 12 |
| Center Properties | 3 |
| Frontage | W Reynolds St |
| Gross Leasable Area | 149,457 SF |
| Total Land Area | 58.51 AC |
| Year Built | 1976 |
About the Property
Large shopping center (formerly anchored by KMart) in prominent location in Pontiac. Various sized spaces available, including restaurant and former Pizza Hut out-building. Lots of parking. Numerous uses - retail, office, activity, storage. The property is also available for sale.
- Pylon Sign
- Signalized Intersection
-
Tom Wagner -
Mon Ami Realty
Presented by
Vermillion Plaza | 1-14 W Reynolds St
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