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Trace on the Parkway Building #10 6151 Trace Parkway Dr 1,731 SF of Retail Space Available in Edwardsville, IL 62025
HIGHLIGHTS
- Walk-in cooler and hood included
- Minimum 7 year lease, desired 10 year lease.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste B | 1,731 SF | 8’6” - 12’6” | 7-10 Years | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $5,482 /MO $65,778 /YR | Triple Net (NNN) |
1st Floor, Ste B
Fully built out restaurant, formerly the Kimchi Guys, that has 1,460 SF of exclusive space and 271 SF of shared space with Drunken Fish. The shared space is a men/women's bathrooms, mechanical room, and dishwashing room. Walk-in cooler and hood included. Other restaurant equipment and furniture available for purchase separately. Across from SIUE. Lease rate is $38 PSF NNN for the 1,460 SF. Lease rate is $17.50 PST for the 271 SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 8’6” - 12’6”
- Hood System still in place for new owner
- Walk-in Cooler: 7'x8.5'
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 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 broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate 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 rental rate 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.
SELECT TENANTS AT TRACE ON THE PARKWAY BUILDING #10
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Barrell and Bru
- -
- 1
- -
- Drunken Fish
- Restaurant
- 4
- National
- Nothing Bundt Cakes
- Bakery
- 707
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Barrell and Bru | - | 1 | - |
| Drunken Fish | Restaurant | 4 | National |
| Nothing Bundt Cakes | Bakery | 707 | International |
PROPERTY FACTS
| Total Space Available | 1,731 SF | Gross Leasable Area | 10,726 SF |
| Property Type | Retail | Year Built/Renovated | 2022/2024 |
| Property Subtype | Storefront |
| Total Space Available | 1,731 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,726 SF |
| Year Built/Renovated | 2022/2024 |
ABOUT THE PROPERTY
Located at the front of Trace on the Parkway, a mixed-use development across from campus entrance to SIUE. Direct frontage on the high traffic Route 157.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| State Rte 157 | Governors Pkwy, N | 14,517 | 2022 | 0.06 mi |
| State Rte 157 | Mutual Ct, N | 19,759 | 2022 | 0.12 mi |
| Governors Pkwy | State Hwy157, W | 7,028 | 2022 | 0.13 mi |
| State Rte 157 | Governors Pkwy, SW | 13,460 | 2022 | 0.21 mi |
| State Rte 157 | Commerce Dr, N | 18,263 | 2022 | 0.32 mi |
| State Rte 157 | University Dr, NE | 10,966 | 2022 | 0.32 mi |
| University Dr | Devon Ct, W | 2,381 | 2022 | 0.35 mi |
| University Dr | State Hwy157, NW | 2,698 | 2022 | 0.35 mi |
| E University Dr | University Dr, NW | 10,499 | 2022 | 0.38 mi |
| N Bluff Rd | Edwardsville Prof Park, N | 18,991 | 2022 | 0.46 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Building Photo