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Retail Space with Smoothie Bar
For Lease
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2302-2320 Esplanade Dr, Algonquin, IL 60102

Two sprinklered units offer flexible retail layouts with paved parking and existing shopping-area improvements.

Space Size2,566 SF
Days on Market921

Property Features for 2302-2320 Esplanade Dr

General Information

Standard status Active
Size 2,566 SF
Net Rentable 1,283 SF
Property subtype RETAIL

Space & Availability

Available Space 1,283-2,566 SF
Contiguous Space 2,566 SF
Space Use Retail

Lease Terms

Lease Rate $18 /USD/SF/YR
Rent per SF/Year $12-$18

Additional Details

Sprinkler System Yes

Amenities

smoothie bar
shelving
shopping aisles
office

Spaces For Lease

at 2302-2320 Esplanade Dr
2302 Esplanade Dr $12 – $18/SF/Yr
Floor 1
Size 2,566 SF
Type RETAIL
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
- Two Units - Motivated Owner! - 1,283 SF Units - 2,566 SF Unit (Combined) - 1 Office (12' x 7') - Sprinklered Units - Ample, Paved Parking - Former Fit RX and Elite Sorts and Nutrition completely built out with smoothie bar, shelving, isles for shopping. - Strong Area Demographics - Lease Rate: $12.00 - $18.00/SF Net - Sale Price - 1,283 SF Unit: $225,000 - Sale Price - 2,566 SF Unit: $349,000
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Listing Agency: Brown Commercial Group
Listed By: Jim Pietrarosso · License #475122538
Source: Moodyscre
Added: Mar 26, 2024 Changed: Sep 2 Last Checked: Oct 1 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Commercial Group

Investment Insights

Based on property information with market context.

Retail space comprising two 1,283-square-foot units that can be combined into a 2,566-square-foot configuration. The property includes a 12-foot by 7-foot office, sprinklered units, and ample paved parking.

The space is completely built out with a smoothie bar, shelving, and shopping aisles. The existing improvements support continued retail use and provide a functional layout for an operator seeking a built-out commercial space.

Key Highlights

  • Two 1,283 SF units can be combined into a 2,566 SF unit
  • 12' x 7' office included
  • Sprinklered units

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Law Firm Parking Lot & Garage Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two sprinklered units offer flexible retail layouts with paved parking and existing shopping-area improvements.
Where is this retail space located?
The property is located at 2302-2320 Esplanade Dr Algonquin, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Two 1,283 SF units can be combined into a 2,566 SF unit; 12' x 7' office included; Sprinklered units
(847) 775-0354 Call to check price and availability
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