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1355-1501 Dundee Rd
1,800 - 6,250 SF of Retail Space Available in Arlington Heights, IL 60004
Highlights
- New construction retail space and BTS opportunity fronting Dundee Road (26,000+ VPD)
- Opportunity to join co-tenants Walgreens, Starbucks, and Noodles & Co, among others
- Multiple drive-thru opportunities
- Neighboring retailers include Kohl’s, Aldi, Walgreens, XSport Fitness, O’Reilly Auto Parts, Pet Supplies Plus, Discovery Clothing, and CVS Pharmacy
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800-6,250 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
New construction retail space for lease or build to suit, just off the corner of the signalized intersection at Dundee Road and Arlington Heights Road (approx. 45,000 VPD) in Buffalo Grove. The development features co-tenants Walgreens, Starbucks, and Noodles & Co, and provides Tenants an opportunity to lease a new construction out lot building fronting Dundee Road, just steps from Buffalo Grove High School (1,971 students). The building features a drive-thru opportunity with various tenant layouts, ample parking on-site, and multiple curb cuts along Dundee Road. Nearby new construction developments include One Wheeling Town Center, a 300-unit apartment building and Uptown 500, a 321-unit apartment building. Neighboring retailers include Kohl’s, Aldi, Walgreens, XSport Fitness, O’Reilly Auto Parts, Pet Supplies Plus, Discovery Clothing, CVS Pharmacy, Firestone, BMO Harris Bank, Portillo's, Taco Bell, McDonald's, Dunkin Donuts, & Oberweiss, among others.
- Space is an outparcel at this property
- 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 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 1355-1501 Dundee Rd , Arlington Heights, IL 60004
| Min. Divisible | 1,800 SF | Gross Leasable Area | 6,250 SF |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Storefront |
| Min. Divisible | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,250 SF |
| Construction Status | Proposed |
Nearby Major Retailers
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Zack Pearlstein -
Power Broker Matt Tarshis -
Andrew Picchietti -
Andrew Rubin -
Frontline Real Estate Partners
Presented by
1355-1501 Dundee Rd
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