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500-508 Central Ave
400 - 2,267 SF of Office Space Available in Highland Park, IL 60035
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 400 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $850.48 CAD/MO $10,206 CAD/YR | Modified Gross | ||
| 2nd Floor, Ste 208 | 1,110 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $2,360 CAD/MO $28,321 CAD/YR | Modified Gross | ||
| 2nd Floor, Ste 212 | 757 SF | 1 Year | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $1,610 CAD/MO $19,314 CAD/YR | Full Service |
2nd Floor, Ste 200
- Listed rate may not include certain utilities, building services and property expenses
- Fits 1 - 4 People
2nd Floor, Ste 208
- Listed rate may not include certain utilities, building services and property expenses
- Fits 3 - 9 People
2nd Floor, Ste 212
- Rate includes utilities, building services and property expenses
- Fits 1 - 5 People
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 500-508 Central Ave , Highland Park, IL 60035
| Property Type | Retail | Year Built/Renovated | 1996/2022 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1/1,000 SF |
| Gross Leasable Area | 17,011 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 17,011 SF |
| Year Built/Renovated | 1996/2022 |
| Parking Ratio | 1/1,000 SF |
About the Property
1813-1831 St. Johns Avenue and 500-508 Central Avenue is a Class A mixed-use retail and office building located in downtown Highland Park just across from the Metra station. The property is ideally situated at the southeast corner of Central Avenue and St. Johns Avenue providing visitors and tenants in the heart of downtown Highland Park with easy access to restaurants, retail shopping, banks, public transportation, parking and the post office. Highland Park consistently ranks as one of the nation’s best towns to live, one of the nation’s top beach towns and one of the best cities to live and work in Illinois. Downtown Highland Park is home to over 100 retailers including many award-winning dining establishments.
- Tenant Controlled HVAC
Nearby Major Retailers
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500-508 Central Ave
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