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Dollar General 545 S Washington Ave
1,830 - 5,000 SF of Retail Space Available in Kankakee, IL 60901
Highlights
- Heavy Traffic
- Strong national tenancy within center and intersection 30 parking spaces
- Great Visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,830-5,000 SF | Negotiable | $14.22 CAD/SF/YR $1.19 CAD/SF/MO $153.06 CAD/m²/YR $12.76 CAD/m²/MO $5,925 CAD/MO $71,100 CAD/YR | Triple Net (NNN) |
1st Floor
Rent next to a brand new Dollar Tree. Great visibility. Lots of traffic near the River in Kankakee and across the street from a Jewel. Approximately 5,000 square feet available. Tons of new improvements coming to the building.
- Lease rate does not include utilities, property expenses or building services
- 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 Dollar General
- Dollar Tree
PROPERTY FACTS FOR 545 S Washington Ave , Kankakee, IL 60901
Min. Divisible | 1,830 SF | Gross Leasable Area | 15,388 SF |
Property Type | Retail | Year Built | 1990 |
Property Subtype | Storefront Retail/Office |
Min. Divisible | 1,830 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 15,388 SF |
Year Built | 1990 |
About the Property
Kankakee Plaza is a 15,967 square-foot 3 unit, strip center located in the densely populated Village of Kankakee, Illinois. Kankakee Plaza is located on a major thoroughfare, with great visibility and frontage with traffic counts of 7,250 cars per day along S. Washington Avenue. Additional highlights include: -Strong national tenancy within center and intersection -30 parking spaces Major Tenants include Dollar Tree Ideal tenants include fast food franchises, retail, restaurant, office, and medical users.
Nearby Major Retailers
Presented by
Dollar General | 545 S Washington Ave
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