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North Oak Shopping Center 6800-6818 W North Ave
1,283 SF of Retail Space Available in Chicago, IL 60707
Highlights
- 7-Eleven Anchored
- Available Space Next to 7-Eleven
- Very High Traffic Corridor and Intersection
- Potential TI Allowance
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6804 | 1,283 SF | Negotiable | $28.13 CAD/SF/YR $2.34 CAD/SF/MO $302.77 CAD/m²/YR $25.23 CAD/m²/MO $3,007 CAD/MO $36,088 CAD/YR | Triple Net (NNN) |
6800-6816 W North Ave - 1st Floor - Ste 6804
Extremely high traffic center anchored by 7-Eleven located between Oak Park and Elmwood Park in Chicago. Two points of ingress/egress on North Avenue and Oak Park Avenue. Pylon signage available. Ample parking. Heavy business corridor in very dense residential area. Potential Tenant Improvement allowance to be provided by landlord.
- 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 North Oak Shopping Center
- Tenant
- Description
- US Locations
- Reach
- 7-Eleven
- Convenience Market
- 11,377
- International
| Tenant | Description | US Locations | Reach |
| 7-Eleven | Convenience Market | 11,377 | International |
PROPERTY FACTS FOR 6800-6818 W North Ave , Chicago, IL 60707
| Center Type | Strip Center | Gross Leasable Area | 9,975 SF |
| Parking | 33 Spaces | Total Land Area | 0.52 AC |
| Stores | 6 | Year Built | 1997 |
| Center Properties | 1 | Cross Streets | NWC North Ave. & Oak Park Blvd. |
| Frontage |
| Center Type | Strip Center |
| Parking | 33 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 9,975 SF |
| Total Land Area | 0.52 AC |
| Year Built | 1997 |
| Cross Streets | NWC North Ave. & Oak Park Blvd. |
About the Property
Extremely high traffic center anchored by 7-Eleven located between Oak Park and Elmwood Park in Chicago. Two points of ingress/egress on North Avenue and Oak Park Avenue. Pylon signage available. Ample parking. Heavy business corridor in very dense residential area. Potential Tenant Improvement allowance to be provided by landlord.
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
-
Kelsey Gross -
Michael Asfour -
Brookline Real Estate
Presented by
North Oak Shopping Center | 6800-6818 W North Ave
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