SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE
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1 SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL Wayne Caplan Senior Vice President wayne.caplan@svn.com SVN CHICAGO COMMERCIAL 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL LEASE BROCHURE
2 Property Summary OFFERING SUMMARY Available SF: 1,058-2,352 SF Lease Rate: $ SF/ NNN Year Built: 2006 Building Size: 297,737 SF PROPERTY OVERVIEW Join Fit Intentions Cycling Studio and Women's Progressive Health at Arrive Chicago. Dynamic retail space available in Chicago's South Loop near McCormick Place and the new DePaul/Wintrust Arena and Event Center. 3 remaining retail spaces located on the ground floor of a 180-unit luxury residential development. Spaces measure from 1, SF, all with substantial frontage on Wabash Ave. Situated in the South Loop, one of Chicago's most popular and evolving areas, this property provides prospective tenants the ability to be located adjacent to, McCormick Place, the DePaul Arena, new 1,200 room Marriott Marquis, new 600 room multi-flag hotel, excellent restaurants, world-class museums, the Motor Row entertainment district and thousands of area residents. Off street parking is available for tenants. This property is also only 3 blocks from the new Cermak Green Line CTA station. Perfect for retail, restaurant, medical office, fitness, salon, etc. 1-2 parking spaces available for each retail unit. Most spaces will have lease rates in the $26-$30/SF Gross range. LOCATION OVERVIEW Zoning: Market: Submarket: PD Chicago South Loop The South Loop is one of the fastest growing neighborhoods in Chicago and in recent years there has been significant development in the area. The South Loop is located south of Chicago s loop and is close to a number of City attractions including Soldier Field, Grant Park, McCormick Place, Columbia College, The Art Institute of Chicago, Adler Planetarium, Field Museum, Shedd Aquarium. and the new Wintrust Arena. McCormick Place Convention Center boasts over 3 million visitors per year and the Wintrust Arena will have over 200 events per year and approx 300,000 visitors annually. The South Loop has great access to transportation with the CTA s Blue, Red, Green and Orange Lines, many CTA bus routes, the Dan Ryan (I-90/94), Stevenson Expressway (I-55) and Lake Shore Drive (Route 41). SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 2
3 Property Highlights LEASE HIGHLIGHTS 1, SF spaces available at Arrive Chicago Exciting new tenants Substantial frontage on Wabash Ave Ground floor of 180 luxury residential units Fantastic South Loop location Steps to Wintrust Arena, McCormick Place, new Marriott Marquis & Hilton Hotels Many possible retail or office uses Off Street Parking Available Green and Red Line stops within 3 blocks High area amenity scores: Walk Score 94, Transit Score 84, Bike Score 90 Available immediately SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 3
4 Greater South Loop Retailer Map SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 4
5 South Loop Area Attraction Map SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 5
6 Location Maps SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 6
7 Immediate Area Attractions Marriott Marquis McCormick Square Hotel - adjacent to Wintrust Arena Wintrust Arena Wintrust Arena SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 7
8 Available Spaces LEASE RATE: $ SF/YR TOTAL SPACE: 1,058-2,352 SF LEASE TYPE: NNN LEASE TERM: Negotiable SPACE SPACE USE LEASE RATE LEASE TYPE SIZE TERM COMMENTS 1935 S. Wabash, Space 1 Street Retail $22.00 SF/yr NNN 2,352 SF Negotiable 1935 S. Wabash, Space 1 South Street Retail $30.00 SF/yr NNN 1,176 SF Negotiable 1935 S. Wabash, Space 1 North Street Retail $22.00 SF/yr NNN 1,058 SF Negotiable Entire corner space with approx. 50' of frontage on Wabash Ave. Corner space with over 24' of frontage on Wabash & exposure on Cullerton. Expandable to 2352 SF with Space 1 North Adjacent to corner space with 25'' of frontage on Wabash. Expandable to 2352 SF with Space 1 South 1935 S. Wabash, Space 4 South Street Retail $18.00 SF/yr NNN 1,306 SF Negotiable SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 8
9 Site Plan SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 9
10 Floor Plans 1 CORNER SPACE Floor Plan Information 2 NORTH SPACE Floor Plan Information SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 10
11 Demographics Map POPULATION 0.5 MILES 1 MILE 2 MILES Total population 6,854 29, ,817 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 2 MILES Total households 3,578 14,517 45,991 # of persons per HH Average HH income $98,811 $87,638 $77,059 Average house value $481,657 $443,479 $384,479 * Demographic data derived from 2010 US Census SOUTH LOOP RETAIL SPACE NEAR WINTRUST ARENA AND MCCORMICK PLACE 1935 S WABASH CHICAGO, IL SVN Chicago Commercial Page 11
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