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Lexington Commons Plaza 1041-1073 Lake Cook Rd 2,346 sq ft of Retail Space Available in Wheeling, IL 60090
HIGHLIGHTS
- Lexington Commons Plaza spans over 27,000 square feet of space, featuring prominent tenants such as Subway and Serenity Hair.
- Shadow-anchored by a Starbucks drive-thru and surrounded by a plethora of retailers, including Jimmy John’s, McDonald’s, and Walmart Supercenter.
- Offering tenants a highly visible location at a signalized intersection of Lake Cook Road, which is exposed to over 33,000 vehicles daily.
- Quick access to Interstate 94 and Wheeling Road is attractive as it allows consumers to move to and from the property with ease.
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 1069 | 2,346 sq ft | Negotiable | £13.46 /sq ft pa £1.12 /sq ft pcm £31,572 pa £2,631 pcm | Triple Net |
1st Floor, Ste 1069
Suite 1069 includes 2,346 square feet of shell space, providing a blank canvas for retailers, service providers, or food operators looking to establish a presence in a thriving commercial corridor.
- 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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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 LEXINGTON COMMONS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Mini Donut Factory
- Donut Shop
- 2
- Local
- Stella's Place
- Other Services
- 34
- Local
- Thai Buri
- Restaurant
- 1
- Local
- Wah Feng
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Mini Donut Factory | Donut Shop | 2 | Local |
| Stella's Place | Other Services | 34 | Local |
| Thai Buri | Restaurant | 1 | Local |
| Wah Feng | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,346 sq ft | Total Land Area | 2.18 ac |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Shopfront | Parking Allocation | 3.7/1,000 sq ft |
| Net Internal Area (NIA) | 27,058 sq ft | Cross Streets | Lexington Dr |
| Total Space Available | 2,346 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 27,058 sq ft |
| Total Land Area | 2.18 ac |
| Year Built | 1984 |
| Parking Allocation | 3.7/1,000 sq ft |
| Cross Streets | Lexington Dr |
ABOUT THE PROPERTY
Lexington Commons Plaza stands out as a premier shopping destination nestled in Chicago’s affluent Northwest suburbs and offers an array of retail units. Spanning 27,058 square feet on a 2.18-acre property, the plaza ensures convenience with its generous parking ratio. The center provides 100 surface spaces, or 3.71 spots per 1,000 square feet, for the comfort of both shoppers and business tenants. Prospective occupants will appreciate the available in-line suites, which feature exceptional visibility and abundant options for prominent signage, making it an ideal choice for businesses seeking exposure in a thriving commercial area. Positioned at a signalized intersection with full visibility from Lake Cook Road, the property benefits from high daily traffic counts, making it a prime location for retailers pursuing maximum visibility. It is surrounded by a dense residential population of over 244,000 people and a daytime employment base of 146,000 within a 5-mile radius, making it an ideal location for both convenience-driven and destination retail. Lexington Commons Plaza is shadow-anchored by a 4,111-square-foot Starbucks with a drive-thru, adding to its appeal. The shopping center is surrounded by multiple national brands, including Buffalo Wild Wings, Extra Space Storage, and KinderCare, creating strong cross-traffic and consistent foot traffic. Lexington Commons Plaza is ideal for businesses targeting suburban demographics. The average household income in the area is approximately $157,000, reflecting strong consumer spending power. Tenants also benefit from prominent pylon signage, business-specific signage options, and direct access to Interstate 55 for a logistical advantage and increased regional connectivity. Lexington Commons Plaza presents an exceptional leasing opportunity for businesses looking to grow in a dynamic, high-demand market with long-term potential.
- Pylon Sign
- Restaurant
- Signage
- Signalised Intersection
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Lexington Commons Plaza | 1041-1073 Lake Cook Rd
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