Retail Space Rents in Waukegan, IL
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Waukegan asks $13.13 per square foot.
Retail Space Lease Types in Waukegan, IL
The most common type of lease agreement you’ll find here is NNN, with 4 space(s) available under this type of arrangement.
The local market is also home to 1 retail space(s) offered under a Modified Gross lease agreement type, and 1 Net listing(s).
Most Common Type of Lease for Retail Buildings in Waukegan, IL
- NNN
4
- Modified Gross
1
- Net
1
Average Size of Retail Space for Lease in Waukegan, IL
The average size for this type of rental opportunity in Waukegan is more than 5,000 sqft. Currently, the local market offers 10 listing(s) within that size range.
You can also search 7 listing(s) in the less than 1,000 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Waukegan, IL
Retail space in Waukegan comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Community Center and you can find 2 such space(s) available.
Community Center spaces listed for rent here have an average size of 2,633 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
The local market is also home to 1 space(s) listed as Restaurant. The average size you can expect to find for this category is 5,297 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
2603-2709 Grand Ave, Waukegan, ILSpace Type
2135-2251 Belvidere Rd, Waukegan, ILSpace Type
2223 North Lewis Avenue, Waukegan, IL
1301-1555 N. Lewis Ave., Waukegan, IL
452 Lakehurst Road, Waukegan, IL
3375 Grand Ave., Waukegan, ILSpace Type
401 N Riverside Dr, Gurnee Youth Baseball, Gurnee, IL
3242 Sheridan Rd., Zion, IL
SEC Grand Avenue & Stonebrook Drive, Stonebrook, Gurnee, IL
1742-1768 North Milwaukee Avenue , Libertyville, IL