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Summit Plaza 300 Summit Dr
1,425 - 4,175 SF of Retail Space Available in Lockport, IL 60441
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1 | 2,750 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
1st Floor, Ste 4A | 1,425 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
300-500 Summit Dr - 1st Floor - Ste 1
Proposed Tenant
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
300-500 Summit Dr - 1st Floor - Ste 4A
Former Pizza Hut.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café 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 Summit Plaza
- Tenant
- Description
- US Locations
- Reach
- Advance Auto Parts
- Automotive
- 5,264
- International
- Anytime Fitness
- Fitness
- 3,212
- International
- Berkots
- Other Retail
- 2
- Regional
- Merlin 200000 Miles Shop
- Automotive
- 56
- National
- Ollie's
- -
- -
- -
Tenant | Description | US Locations | Reach |
Advance Auto Parts | Automotive | 5,264 | International |
Anytime Fitness | Fitness | 3,212 | International |
Berkots | Other Retail | 2 | Regional |
Merlin 200000 Miles Shop | Automotive | 56 | National |
Ollie's | - | - | - |
PROPERTY FACTS FOR 300 Summit Dr , Lockport, IL 60441
Center Type | Neighborhood Center | Gross Leasable Area | 99,608 SF |
Parking | 578 Spaces | Total Land Area | 8.20 AC |
Stores | 6 | Year Built | 1987 |
Center Properties | 1 | Cross Streets | Rte 7 & 7th St |
Frontage |
Center Type | Neighborhood Center |
Parking | 578 Spaces |
Stores | 6 |
Center Properties | 1 |
Frontage | |
Gross Leasable Area | 99,608 SF |
Total Land Area | 8.20 AC |
Year Built | 1987 |
Cross Streets | Rte 7 & 7th St |
About the Property
Retail space coming available in Gator Investments owned Summit Plaza in Lockport, IL. Summit Plaza in anchored by Berkots Super Foods, Anytime Fitness & Lockport Chiropractic with Ollie's Coming Soon. Summit Plaza is located north of Joliet at the intersection of East 9th Street / SR 7 & Summit Drive in WIll County. This well maintained shopping center is normally fully leased - rare opportunity to join our tenants.
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Presented by
Summit Plaza | 300 Summit Dr
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