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Metropolitan Square 1518 Market St
836 - 18,248 SF of Space Available in Des Plaines, IL 60016
Highlights
- Grocery anchored shopping center located downtown Des Plaines with ample parking
- Surrounded by residential and office space which provides high daytime and evening population
- New residential development planned for nearby areas
- Directly adjacent to the Metra station which provides transportation to downtown Chicago
- Close proximity to Interstate 90 and 294 which connects the surrounding suburbs
Space Availability (9)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1529 | 1,868 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 1535 | 836 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 200 | 919 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 205 | 1,179 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 300B | 5,615 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 641 | 1,990 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 653 | 2,050 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 658 | 1,673 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 661 | 2,118 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
518 Metropolitan Way - 1st Floor - Ste 1529
- Join New Korean BBQ Rest. & Nail Salon Coming Soon
- Ideal for retail, office, or medical
- Ample onsite parking
- Grocery anchored shopping center (Shop & Save)
- Over $110K avg hh income a three mile radius
- Adjacent to the Metra Train
518 Metropolitan Way - 1st Floor - Ste 1535
- Join New Korean BBQ Rest & Nail Salon Coming Soon
- Ideal for retail, medical, or office
- Ample onsite parking
- Convenient downtown Des Plaines location
- Adjacent to the Metra Train
- Over $110k avg hh income a three mile radius
518 Metropolitan Way - 1st Floor - Ste 200
- Fits 3 - 8 People
- Efficiently sized office downtown Des Plaines
- Conveniently located adjacent to the Metra train
- Ample onsite parking
- Small boutique style building
- Restaurant and retail right outside your door
518 Metropolitan Way - 1st Floor - Ste 205
- Fits 3 - 10 People
- Efficiently sized office downtown Des Plaines
- Convenient location adjacent to the Metra train
- Ample onsite parking
- Small boutique style building
- Restaurants and retail right outside your door
518 Metropolitan Way - 1st Floor - Ste 300B
- Fits 15 - 45 People
- Well located in the heart downtown Des Plaines
- Small boutique style building
- Ample onsite parking
- Restaurants and retail right outside your door
- Conveniently located next to the Metra train stop.
518 Metropolitan Way - 1st Floor - Ste 641
- Join New Korean BBQ Rest & Nail Salon Coming Soon
- Ideal for Retail, Medical, or Office
- Grocery Anchored Shopping Center
- Ample onsite parking
- Convenient location adjacent to the Metra Stop
- Over $110k avg hh income in a three mile radius
518 Metropolitan Way - 1st Floor - Ste 653
- Join New Korean BBQ Rest & Nail Salon Coming Soon
- Ideal for Retail, Medical, or Office
- Grocery anchored center (Shop & Save Market)
- Ample onsite parking
- Convenient location adjacent to the Metra stop
- Over $110k avg hh income in a three mile radius
518 Metropolitan Way - 1st Floor - Ste 658
- Join New Korean BBQ Rest & Nail Salon Coming Soon
- Ideal for retail, medical, or office
- Grocery anchored shopping center (Shop & Save)
- Ample onsite parking
- Convenient location adjacent to Metra stop
- Over $110k avg hh income in a three mile radius
518 Metropolitan Way - 1st Floor - Ste 661
- Join New Korean BBQ Rest & Nail Salon Coming Soon
- Ideal for retail, medical, or office
- Grocery Anchored Center (Shop & Save Market)
- Ample onsite parking
- Convenient downtown location adjacent to Metra
- Over $110K avg hh income in a three mile radius
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 Metropolitan Square
- Tenant
- Description
- US Locations
- Reach
- At 7 Bar and Grill
- Cocktail Bar
- 1
- -
- Giordano's
- Restaurant
- 94
- National
- Metropolitan Dental Care, PC
- -
- 1
- -
- Potbelly
- Sub Sandwich
- 537
- International
- Shop & Save Market
- Supermarket
- 7
- Local
| Tenant | Description | US Locations | Reach |
| At 7 Bar and Grill | Cocktail Bar | 1 | - |
| Giordano's | Restaurant | 94 | National |
| Metropolitan Dental Care, PC | - | 1 | - |
| Potbelly | Sub Sandwich | 537 | International |
| Shop & Save Market | Supermarket | 7 | Local |
PROPERTY FACTS FOR 1518 Market St , Des Plaines, IL 60016
| Center Type | Neighborhood Center | Gross Leasable Area | 84,999 SF |
| Parking | 838 Spaces | Total Land Area | 12.19 AC |
| Center Properties | 5 | Year Built | 2006 |
| Center Type | Neighborhood Center |
| Parking | 838 Spaces |
| Center Properties | 5 |
| Gross Leasable Area | 84,999 SF |
| Total Land Area | 12.19 AC |
| Year Built | 2006 |
About the Property
Grocery anchored shopping center (Shop & Save Market) conveniently located downtown Des Plaines adjacent to the Metra train. New tenants coming soon include a Korean BBQ restaurant and nail salon. Diverse mix of restaurant, service, salon, and medical tenants. Ample and easily accessible parking.
- 24 Hour Access
- Banking
- Bus Line
- Corner Lot
- Metro/Subway
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
Metropolitan Square | 1518 Market St
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