MICHIGAN AVE RETAIL SPACE FOR LEASE
[Pages:10]MICHIGAN AVE RETAIL SPACE FOR LEASE
1400 S. MICHIGAN CHICAGO, IL 60605
Wayne Caplan Senior Vice President
312.529.5791 wayne.caplan@
Deena Zimmerman Vice President
312.756.7336 dzimmerman@
SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607
FOR LEASE
Property Summary
OFFERING SUMMARY Available SF: Lease Rate: Property Size: Zoning: Market:
3,100 SF $32.00 SF/yr (NNN)
9,152 SF DX-12
Chicago
PROPERTY OVERVIEW
Join new tenants Go Grocer and Vanity Box plus Waffles Restaurant in Chicago's bustling South Loop. Approx 3100 SF space on the ground floor of 1400 S. Michigan, a 28 floor, 257 unit luxury condo building. Second generation spaces . This 2nd generation space has substantial existing infrastructure still in place including 2-ADA compliant bathrooms, lighting, HVAC & electric utilities distributed & flooring. Highly visible space at the corner of 14th & Michigan Ave.. Immediate area co-tenancy includes Chicago Firehouse, Kurah Restaurant, Giordano's, Jewel-Osco, Starbucks, Trader Joe's, Bank of America, Walgreens, Jimmy John's, UPS Store & Eleven City Diner to name a few. Across the street from new 40,000 SF Rush University Medical Center. Steps to Grant Park, the CTA Roosevelt Road station, which has 2.5 million annual riders, and thousands of existing and under-construction apartments and condos. Great visibility and signage opportunities. Indoor parking available for tenants. Immediate availability.
LOCATION OVERVIEW
Located in the South Loop in arguably the hottest area of downtown Chicago for both residential and retail growth. The property sits in the Roosevelt Road retail corridor, one of Chicago's most popular and vibrant shopping destinations, and is centrally located among thousands of South Loop residents with approx 3000 new or under construction homes within steps. Across the street from the new 40,000 SF Rush University Medical Center,. Close to Lake Shore Drive, Soldier Field, the Museum Campus, and walking distance from the Loop CBD.
Submarket:
South Loop
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 2
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
Property Highlights
LEASE HIGHLIGHTS ? Ground Floor of 257 unit luxury condo building ? +/- 3,100 SF space ? Second generation space - ready to go for a new tenant ? Proximate to Soldier Field, Grant Park, Museum Campus, & CTA Roosevelt Rd
station ? Steps to thousands of new and existing homes, and many high traffic
generating retailers ? Great immediate area co-tenancy including Jewel, Walgreens, Starbucks, Trader
Joes, Bank of America ? Across the street from new 40,000 SF Rush University Medical Center ? Corner building with frontage on Michigan Ave & 14th St. ? Dense, high income demographics over $105,000/yr average household income
in immediate area ? Indoor parking available ? Immediate availability
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 3
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
Area Retailer & Development Map
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 4
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
South Loop Retailer Map
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 5
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
Regional Map
Michigan Ave Retail Space For Lease
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 6
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
Location Maps
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 7
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
Available Spaces
LEASE RATE: $32.00 SF/YR LEASE TYPE: NNN
TOTAL SPACE: 3,100 SF LEASE TERM: Negotiable
SPACE
SPACE USE LEASE RATE LEASE TYPE SIZE
TERM
COMMENTS
1400 S. Michgan Space C Street Retail $32.00 SF/yr NNN
3,100 SF Negotiable
MICHIGAN AVE RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605
SVN | Chicago Commercial | Page 8
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN? offices are independently owned and operated.
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