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End Unit Retail Strip Center
For Lease
$17.15 SF/Yr Modified Gross

50 INDUSTRIAL Drive #114, Gilberts, IL 60136

End unit 114 in a newer retail strip center on busy Rt 72 with a modified gross lease.

Space Size1,500 SF - 2,450 SF
Days on Market118

Property Features for 50 INDUSTRIAL Drive #114

General Information

Standard status Active
Size 1,500 SF - 2,450 SF
Net Rentable 1,500 SF
Zoning RTAIL
Lease Type Modified Gross

Space & Availability

Available Space 1,500-2,450 SF
Contiguous Space 1,500 SF
Space Use Restaurant

Site & Location

End Cap Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $27,198

Building Details

Year Built 2006
Stories 1
Units 1
Tenancy Multi
Listing Agency: CENTURY 21 New Heritage
Listed By: Marcus Lazar · License #475211980
Source: Perillorealestategroup
Added: Apr 17 Changed: Aug 8 Last Checked: Aug 11 at 1:45PM

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 CENTURY 21 New Heritage

Investment Insights

Based on property information with market context.

End unit 114 offers newer retail space within a strip center, built in 2006. The unit is identified as 1,500 SF, with approval to expand up to 2,450 SF. The current layout supports retail and restaurant use, and the approved expansion includes the potential for additional indoor or outdoor seating and possible basement space.

The property is located on busy Rt 72 in Gilberts, with access provided via 50 Industrial Drive. The lease is described as modified gross, including everything except gas and electric, and the landlord is willing to work with the tenant on build-out.

This is a practical option for a user seeking an end unit in a retail strip center setting, with flexibility through the approved size expansion and tenant-specific build-out support.

Key Highlights

  • End unit 114 in a newer retail strip center
  • 1,500 SF current space approved to expand up to 2,450 SF
  • Expansion approval includes additional indoor/outdoor seating and possible basement

Property Analytics

Current Use

Colorvision Services, Inc. Computer & Electronic Repair Rosati's Pizza Restaurant GILBERTS GUN SHOP Gun Shop Hacienda De Los ... Restaurant Rapid & PCR Testing ... Medical Laboratory

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Hair Salon Storage Facility

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

Multi-tenant
Tenancy
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
7,616 visits/mo 0.5 miles

Demographics for 60136, IL

8,497
Population
3,123
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
1,148
Density / Sq Mi
$124,338
Median Household Income
$67,500
Median Earnings
$1,786
Median Rent
$330,100
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
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Frequently Asked Questions

What type of property is this?
Strip mall - End unit 114 in a newer retail strip center on busy Rt 72 with a modified gross lease.
Where is this strip mall located?
The property is located at 50 INDUSTRIAL Drive #114 Gilberts, IL.
What is the lease rate?
The lease rate is $17.15 SF/Yr.
What are key features of this property?
This property features: End unit 114 in a newer retail strip center; 1,500 SF current space approved to expand up to 2,450 SF; Expansion approval includes additional indoor/outdoor seating and possible basement
More about this property
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