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1604 N State Route 50 8,479 SF of Retail Space Available in Bourbonnais, IL 60914
HIGHLIGHTS
- Large 2.18 acre Lot at major retail intersection
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,479 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Ground Zero location in Village of Bradley at signalized intersection. Covered Land Play. Red Lobster lease restructure is in process. Landlord Termination agreement. Large lot can accommodate 1 or 2 users. Excellent retail synergy in front of Northfield Square Mall along major north/south corridor. Nearby retailers: Target, Starbucks, Best Buy, Panera.
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Central Air Conditioning
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
| Total Space Available | 8,479 SF | Gross Leasable Area | 8,479 SF |
| Property Type | Retail | Year Built/Renovated | 1991/2008 |
| Property Subtype | Restaurant |
| Total Space Available | 8,479 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,479 SF |
| Year Built/Renovated | 1991/2008 |
ABOUT THE PROPERTY
Outparcel at entrance to Northfield Square Mall in Village of Bradley Covered Land Play- Red Lobster lease restructure is in process with Landlord Termination right Large lot can accommodate 1 or 2 users Along major north/south corridor at signalized intersection Surrounded by national retailers and restaurants including Target, Barnes & Nobel, PetSmart, Staples, Michael's, Marshall's, Panera, Five Guys, Chipotle...
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| IL 50 | Ken Hayes Dr, S | 8,516 | 2024 | 0.04 mi |
| IL 50 | Ken Hayes Dr, N | 17,600 | 2021 | 0.09 mi |
| Kinzie Avenue | Ken Hayes Dr, N | 17,208 | 2025 | 0.09 mi |
| N Kinzie Ave | Ken Hayes Dr, N | 99 | 2025 | 0.19 mi |
| Kinzie Avenue | N Kinzie Ave, N | 19,886 | 2025 | 0.21 mi |
| Larry Power Road | Commerce Dr, W | 6,660 | 2024 | 0.22 mi |
| IL 50 | - | 19,968 | 2023 | 0.22 mi |
| N Kinzie Ave | I- 57, S | 25,277 | 2025 | 0.25 mi |
| Larry Power Road | N 1220E Rd, W | 6,660 | 2024 | 0.26 mi |
| Kinzie Avenue | I- 57, S | 25,277 | 2025 | 0.34 mi |
NEARBY MAJOR RETAILERS
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