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50 E Palatine Rd 1,600 SF of Flex Space Available in Palatine, IL 60067
HIGHLIGHTS
- 1,600 SF Retail/Flex space Available for lease with 15% Built out office space
- 200 amps @ 120/240 volts power
- Freshly painted office and warehouse
- Double door loading
- 13,000 VPD on Palatine Rd
- New LED lighting throughout
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - #2 | 1,600 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $1,333 /MO $16,000 /YR | Modified Gross |
1st Floor - #2
• Recently reduced rental rate! • 1,600 SF Available immediately • ± 210 SF office (AC in office only) • Space is approximately 80 ‘ x 20’ • Double door loading • 8’6” clear • 200 amps @ 120/240 volts power • 13,000 VPD on Palatine Rd Owners open to providing tenant improvements • Zoned B-1 Shopping Center District Recent Price Drop: Now $10 PSF Modified Gross!
- Listed rate may not include certain utilities, building services and property expenses
- Central Air and Heating
- 1,600 SF Flex space Available with 210 SF office
- Double door loading
- 200 amps @ 120/240 volts power
- New LED lighting throughout
- Recent Price Drop: Now $10 PSF Modified Gross!
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 | 1,600 SF | Gross Leasable Area | 3,702 SF |
| Property Type | Retail | Year Built/Renovated | 1955/2009 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.24/1,000 SF |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,702 SF |
| Year Built/Renovated | 1955/2009 |
| Parking Ratio | 3.24/1,000 SF |
ABOUT THE PROPERTY
• 1,600 SF Retail/Flex space Available for lease with approximately 180 square feet of office space • Space is approximately 80 ‘ x 20’ • Double door loading • 8’6” clear • 200 amps @ 120/240 volts power • 13,000 VPD on Palatine Rd • Zoned B-1 Shopping Center District Ownership open to providing tenant improvements
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| East Palatine Road | S Plum Grove Rd, W | 14,024 | 2025 | 0.03 mi |
| E Palatine Rd | N Hale St, E | 14,827 | 2025 | 0.05 mi |
| North Plum Grove Road | E Palatine Rd, S | 4,354 | 2025 | 0.10 mi |
| West Palatine Road | N Clyde Ave, E | 12,000 | 2022 | 0.13 mi |
| South Plum Grove Road | W Washington St, N | 12,508 | 2025 | 0.19 mi |
| West Palatine Road | Crescent Ave, E | 12,000 | 2022 | 0.19 mi |
| Plum Grove Rd | W Washington St, N | 11,360 | 2024 | 0.20 mi |
| North Brockway Street | W Slade St, S | 1,587 | 2025 | 0.23 mi |
| North Brockway Street | Wilson St, S | 2,014 | 2025 | 0.25 mi |
| N Brockway St | Wilson St, S | 2,044 | 2023 | 0.26 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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