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Leasing Retail and Restaurant Space
For Lease
$15 SF/Yr

2603-2709 Grand Ave, Waukegan, IL 60085

Douglas Centre offers 3,920 to 5,297 SF retail and second-generation restaurant/office spaces for immediate availability.

Space Size1,345 SF - 5,297 SF
Property Size66,345 SF
Days on Market51

Property Features for 2603-2709 Grand Ave

General Information

Standard status Active
Size 1,345 SF - 5,297 SF
Property subtype Retail - Community Center

Amenities

pylon signage
digital signage

Building Details

Building Size 66,345 SF

Spaces For Lease

at 2603-2709 Grand Ave Contact us

E - 2607 $15/SF/Yr

Size
3,920 SF
Type
Community Center
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

I $18/SF/Yr

Size
1,345 SF
Type
Community Center
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

J - 2617 $15/SF/Yr

Size
5,297 SF
Type
Restaurant
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Wayne Caplan · License #475132248
Source: Commercialcafe
Added: Jul 26 Changed: Sep 8 Last Checked: Sep 14 at 6:01AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

Douglas Centre provides multiple retail and second-generation restaurant and retail/office spaces available for lease, ranging from 3,920 to 5,297 SF. The property is currently home to established tenants including Dollar General, Talecris, Rent-A-Center, and Dotty's Cafe.

Signage options include pylon and digital signage available on Grand Ave. The center is shadow anchored by a 70,000 SF Lewis Foods store, supporting a continuously active retail environment.

Additional spaces are ready for new tenants, with certain suites available immediately.

Key Highlights

  • 3,920–5,297 SF retail and second‑generation restaurant/retail‑office spaces available for lease
  • Immediate availability with second‑generation spaces ready for new tenants
  • Shadow‑anchored by a 70,000 SF Lewis Foods store

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Big Box & Wholesale Store Garden Center

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

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

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby
56k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 22% Electronics 11% Home Improvements & Furnishings 2%
Dollar General Shops & Services
9,305 visits/mo 0.1 miles
Shell Shops & Services
9,099 visits/mo 0.2 miles
Mobil Shops & Services
7,771 visits/mo 0.4 miles
BP Shops & Services
7,200 visits/mo 0.1 miles
Domino's Pizza Dining
6,599 visits/mo 0.4 miles

Demographics for 60085, IL

71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Douglas Centre offers 3,920 to 5,297 SF retail and second-generation restaurant/office spaces for immediate availability.
Where is this shopping center located?
The property is located at 2603-2709 Grand Ave Waukegan, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,920–5,297 SF retail and second‑generation restaurant/retail‑office spaces available for lease; Immediate availability with second‑generation spaces ready for new tenants; Shadow‑anchored by a 70,000 SF Lewis Foods store
More about this property
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