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Lindenhurst Center 2040-2140 E Grand Ave
2,586 SF of Retail Space Available in Lindenhurst, IL 60046
Highlights
- The new ownership has increased the center's occupancy from 40% to 90% within 8 months.
- New ownership investing over $2.4 Million of capital expenditures.
- Signaled corner 21,000 VPD on East Grand Ave and 10,000 VPD on Salt Lake Rd.
- Only two units remain available: one at 5,977 SF and the other at 2,500 SF
- Extensive renovations of exteriors, interiors, lighting, security cameras, and outside music.
- HHI over $105,000 within a 3-mile radius.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2114 | 2,586 SF | Negotiable | $16.89 CAD/SF/YR $1.41 CAD/SF/MO $181.76 CAD/m²/YR $15.15 CAD/m²/MO $3,639 CAD/MO $43,668 CAD/YR | Triple Net (NNN) |
2040-2140 E Grand Ave - 1st Floor - Ste 2114
Ideal space for a Restaurant!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 Lindenhurst Center
- Tenant
- Description
- US Locations
- Reach
- Aqua Pool & Spa Pros
- Other Retail
- 1
- Local
- Chopstix Chinese Restaurant
- Restaurant
- -
- Local
- Domino’s
- Pizza
- 10,405
- International
- H&R Block
- Acctg/Tax Prep
- 13,746
- International
- Linden Liquors
- Liquor
- 1
- Local
- Natural Care Chiropractic
- MD/DDS
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Aqua Pool & Spa Pros | Other Retail | 1 | Local |
| Chopstix Chinese Restaurant | Restaurant | - | Local |
| Domino’s | Pizza | 10,405 | International |
| H&R Block | Acctg/Tax Prep | 13,746 | International |
| Linden Liquors | Liquor | 1 | Local |
| Natural Care Chiropractic | MD/DDS | 1 | Local |
PROPERTY FACTS FOR 2040-2140 E Grand Ave , Lindenhurst, IL 60046
| Center Type | Neighborhood Center | Frontage | |
| Parking | 600 Spaces | Gross Leasable Area | 80,088 SF |
| Stores | 35 | Total Land Area | 5.75 AC |
| Center Properties | 1 | Year Built | 1973 |
| Center Type | Neighborhood Center |
| Parking | 600 Spaces |
| Stores | 35 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 80,088 SF |
| Total Land Area | 5.75 AC |
| Year Built | 1973 |
About the Property
Introducing Lindenhurst Center (Under New Ownership), where possibilities unfold at the crossroads of E Grand Ave and Sand Lake Rd. Boasting a remarkable 20,300 VPD on E Grand Ave and 10,000 VPD on Sand Lake Rd. The property offers unmatched visibility, substantial capital investment, and close by public parking. Two units available: 5,977 Square Feet ideal for a gym, and 2,500 SF ideal for a restaurant. Neighboring tenants include H&R Block, Dominos, and Play Time Gym. Lindenhurst Center is within 15 minutes from many hotels like Holiday Inn Chicago North, Hampton Inn Chicago/Gurnee and Great Wolf Lodge. Discover the future of dynamic spaces where business innovation thrives
- 24 Hour Access
- Restaurant
- Signage
- Signalized Intersection
- Storage Space
- Monument Signage
- Air Conditioning
DEMOGRAPHICS
Demographics
-
Ana Castaño -
Good Harbor Commercial Real Estate
Presented by
Lindenhurst Center | 2040-2140 E Grand Ave
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