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Westgate Valley Commons 13401-13419 S Ridgeland Ave 1,200 sq ft of Retail Space Available in Palos Heights, IL 60463
HIGHLIGHTS
- Excellent Visibility
- Over 115 Parking Spaces
- Adaptable Floor Plan to Suit your Needs
- Ample parking
- 1,200sf of Prime Retail
- Modern Facade for a Professional Image
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| Ground, Ste 13405 | 1,200 sq ft | Negotiable | £11.96 /sq ft pa £1.00 /sq ft pcm £14,348 pa £1,196 pcm | Triple Net |
13401-13419 S Ridgeland Ave - Ground - Ste 13405
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Partially Demolished Space
- 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 (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.
PROPERTY FACTS
| Total Space Available | 1,200 sq ft | Frontage | 309 ft on Ridgeland Ave |
| Centre Type | Retail Park | Net Internal Area | 23,300 sq ft |
| Parking | 120 Spaces | Total Land Area | 2.50 ac |
| Stores | 1 | Year Built | 1965 |
| Centre Properties | 1 |
| Total Space Available | 1,200 sq ft |
| Centre Type | Retail Park |
| Parking | 120 Spaces |
| Stores | 1 |
| Centre Properties | 1 |
| Frontage | 309 ft on Ridgeland Ave |
| Net Internal Area | 23,300 sq ft |
| Total Land Area | 2.50 ac |
| Year Built | 1965 |
ABOUT THE PROPERTY
Westgate Valley Commons is a premium shopping center perfectly positioned across from the vibrant single-family home and townhome community. Located on the bustling Ridgeland Avenue, this high-traffic location sees over 19,000 vehicles passing per day. The tenant mix is a captivating blend of upscale offerings, featuring Zachary's Grill, an upscale restaurant; Lucky Burrito (Mexican cuisine); a dermatologist; a salon & spa, and a walk-in clinic and pharmacy. Join this thriving business community and seize the opportunity! to Available is one 1,200sf retail space.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Westgate Valley Commons | 13401-13419 S Ridgeland Ave
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