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Village Commons Shopping Center 3545-3575 Grand Ave
5,000 - 48,303 SF of Space Available in Gurnee, IL 60031
Highlights
- Nearly 30,000 VPD on Grand Avenue
- Outlot Available for New Construction/Ground Lease
- Lease Rates Starting at $8 PSF
- 100,000 Population Within 3 Miles
- Hard Corner with Full Access to Grand Avenue and Bell Plaine Avenue
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000-34,700 SF | 14’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor | 5,000-13,603 SF | 14’ | Negotiable | $11.24 CAD/SF/YR $0.94 CAD/SF/MO $120.96 CAD/m²/YR $10.08 CAD/m²/MO $12,739 CAD/MO $152,863 CAD/YR | Modified Gross |
3545-3575 Grand Ave - 1st Floor
Space can be expanded to 48,303 SF.
- Includes 3,000 SF of dedicated office space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 48,303 SF of adjacent space
- Central Air and Heating
- Finished Ceilings: 14’
- Can be built out for Warehouse use
- 2 overhead doors
3545-3575 Grand Ave - 1st Floor
Space can be expanded to 48,303 SF.
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 48,303 SF of adjacent space
- Finished Ceilings: 14’
- Includes 3,000 SF of dedicated office space
- Can be built out for Warehouse use
- 2 overhead doors
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.
SITE PLAN
PROPERTY FACTS FOR 3545-3575 Grand Ave , Gurnee, IL 60031
About the Property
Mixed-use property spanning over 6 acres on the hard corner of Belle Plaine and Grand Avenues, with over 450 feet of frontage on Grand Avenue. Nearly 30,000 vehicles per day pass the site. An outlot is available for ground lease on the far northeast side of the property fronting to Grand Avenue. Zoning offers a wide variety of retail, office and general commercial uses, including self storage, drive-through restaurant (with special use). Located on the busy commercial stretch of Grand Avenue (Route 132) between Green Bay Road and Skokie Highway (US 41) in the Village of Gurnee. Approximately 2 miles east of Six Flags Great America, the location boasts nearly 30,000 VPD traffic counts, and over 100,000 population within 3 miles.
- 24 Hour Access
- Property Manager on Site
- Signage
- Drive Thru
-
Peter Karlis -
Troy Realty
Presented by
Village Commons Shopping Center | 3545-3575 Grand Ave
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