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Nerge Plaza 1101-1141 Nerge Rd
980 SF of Retail Space Available in Elk Grove Village, IL 60007
Highlights
- Great Visibility
- Ample Parking
- High Traffic Street
- Zoning: B-3
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 980 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1101-1141 Nerge Rd - 1st Floor
Space is being planned to be split into two spaces. Owner will do the following and have updated spaces: • Split the large 1960 sqft space into two 980 sqft retail spaces. • Build back-to-back bathrooms in the back, up to code ADA compliant. • Replace the rear doors. • Install new ceiling tile grid and locate new light fixtures and HVAC vents. • Install smoke alarm detectors (basic requirement) as required by Elk Grove. These need to be tied to our existing panel in one of the other stores. • Leave all walls ready for paint. • Floor is left in concrete, clean and swept.
- Located in-line with other retail
- New lights and HVAC vents.
- New ceiling tile system
- New bathroom.
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.
SELECT TENANTS AT Nerge Plaza
- Tenant
- Description
- US Locations
- Reach
- Bella's Gaming
- Arts, Entertainment, and Recreation
- -
- -
- E Z Pantry & Liquor
- Retailer
- 1
- -
- Elk Grove Foot Clinic
- Health Care and Social Assistance
- 1
- Local
- Ma's Oriental Express
- Restaurant
- 1
- -
- Subway
- Sub Sandwich
- 35,901
- International
- Zetta Cafe Restaurant
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Bella's Gaming | Arts, Entertainment, and Recreation | - | - |
| E Z Pantry & Liquor | Retailer | 1 | - |
| Elk Grove Foot Clinic | Health Care and Social Assistance | 1 | Local |
| Ma's Oriental Express | Restaurant | 1 | - |
| Subway | Sub Sandwich | 35,901 | International |
| Zetta Cafe Restaurant | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 1101-1141 Nerge Rd , Elk Grove Village, IL 60007
| Center Type | Strip Center | Gross Leasable Area | 15,000 SF |
| Parking | 50 Spaces | Total Land Area | 1.27 AC |
| Stores | 10 | Year Built | 1975 |
| Center Properties | 1 |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 15,000 SF |
| Total Land Area | 1.27 AC |
| Year Built | 1975 |
About the Property
• Businesses in place: Liquor Store, Barber Shop, Dentist Office, Subway, Mexican Restaurant, Bellas Gaming Cafe, Foot and Ankle Doctor, Ma's Oriental Restaurant. • Located on Nerge Road and Devon Street, with so much traffic count. Heavily populated with mixed industrial and residential area. Location is visible and easily accessible. Directly across the street from other shopping centers and popular hotel. Adjacent to The Chancellory Office Park of Itasca. Corner of Devon Rd and Rohlwing Rd has new development of million square feet space of warehouse use. Within 15 miles to O'Hare and 2 miles of I-290 and I-390. Woodfield Mall is less than 4 miles. • Self-managed property developers. Responsive to property issues and tenant matters. • Ask us for other leasing opportunities: retail space, office space, office warehouse (also available to purchase), and land for sale. We have locations in the areas of Schaumburg, Roselle, Hoffman Estates, Elk Grove, Carol Stream, Geneva, Elgin, and Round Lake.
- Signage
-
Charles Lucchese -
Dearborn Construction & Development
Presented by
Nerge Plaza | 1101-1141 Nerge Rd
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