1030 N CLARK STREET, SUITE 300, CHICAGO, IL 60610 PHONE: 312.944.6270 FAX: 312.944.3759 WWW. LORDCOMPANIES . COM FOR LEASE OR SALE R ETAIL /P ROFESSIONAL O FFICE /R ESTAURANT S PACE 2704-06 N HALSTED LINCOLN P ARK, CHICAGO , IL 60614 Commercial Space: High-profile retail, professional office and/or restaurant space on the ground floor of newer 5-story 54-unit condo building. • 7,600 SF with 130’ of frontage, divided into 4 separate spaces • 2 storefront spaces available for lease (total of 4,100 SF) ➢ ~1,400 SF with 24’ frontage ➢ ~2,700 SF with 37’ frontage • 2 leased storefronts (3,500 SF, $117,000 net rent) ➢ 1,500 SF leased to Dental Masters since 2004 ➢ 2,000 SF on new 10-year lease to Dunkin’ Donuts • 12’ ceiling height to concrete deck with dropped ceilings at 10’.
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2704-06 N Halsted for sale or lease flyer - LoopNet · 2020. 1. 10. · Tenant is responsible for their share of common area maintenance (CAM) expenses (~$1/SF) and their own separately
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1030 N CLARK STREET, SUITE 300, CHICAGO, IL 60610 PHONE: 312.944.6270 FAX: 312.944.3759 WWW.LORDCOMPANIES.COM
FOR LEASE OR SALE RETAIL/PROFESSIONAL
OFFICE/RESTAURANT SPACE 2704-06 N HALSTED LINCOLN PARK, CHICAGO, IL 60614
Commercial Space:
High-profile retail, professional office and/or restaurant space on the ground floor of newer 5-story 54-unit condo building.
• 7,600 SF with 130’ of frontage, divided into 4 separate spaces
• 2 storefront spaces available for lease (total of 4,100 SF) ➢ ~1,400 SF with 24’ frontage ➢ ~2,700 SF with 37’ frontage
• 2 leased storefronts (3,500 SF, $117,000 net rent) ➢ 1,500 SF leased to Dental Masters since 2004 ➢ 2,000 SF on new 10-year lease to Dunkin’ Donuts
• 12’ ceiling height to concrete deck with dropped ceilings at 10’.
1030 N CLARK STREET, SUITE 300, CHICAGO, IL 60610 PHONE: 312.944.6270 FAX: 312.944.3759 WWW.LORDCOMPANIES.COM
Delivery Condition:
For lease spaces were formerly a high-end spa/salon with extensive plumbing. Can be delivered “as is”, as a “vanilla box” or as a “turnkey” space; tenant improvement allowance (TI) or landlord build-out cost to be amortized over initial lease term as additional rent.
Parking: The property has 6 parking spaces available in a heated garage behind and below the space for $200/mo. per parking space.
Bars, nightclubs, massage parlors and retail packaged liquor stores are not allowed, but restaurants, including those serving alcoholic beverages are allowed. There are no restrictions on hours of operation.
Location: Located in the heart of the Lincoln Park/East Lakeview commercial district with over 100,000 affluent residents within 1 mile. 1 block south of Diversey Pkwy, 2 blocks west of the Clark/Broadway/Diversey intersection and 0.3 mi to the Diversey CTA station. Nearby businesses include Home Depot, Guitar Center, Walgreens, Trader Joe’s, Urban Outfitters, and numerous local restaurants and neighborhood businesses.
Traffic Counts: 18,700 vehicles per day (VPD) on Halsted St, 16,800 VPD on Diversey Pkwy
Demographics: (2019) 1.0-mi. 3.0-mi. Population 101,614 459,290 Households 56,007 240,071 Average Household Income $117,717 $115,962 Median Household Income $88,757 $86,228 Median Home Value $459,486 $435,261 Total Specified Consumer Spending ($000) $1,500,017 $6,386,467
Lease Rate: $32/SF, modified gross
Additional Expenses:
Real estate taxes ($4.17/SF in 2019) are included in the base rent. Tenant is responsible for their share of common area maintenance (CAM) expenses (~$1/SF) and their own separately metered gas and electric utilities.
Selling Price: $2,800,000 for entire parcel. Negotiable ($300 - $325/SF) for vacant spaces.
Availability: Please inquire.
For further information, please contact:
Scott Fithian (773) 404-4314 (direct)
[email protected] *Broker is using information provided by the property owner and does not certify as to its accuracy. This information is subject to possible errors, omissions, changes of price and withdrawal without notice.
Retail Brokers Network affiliate for Chicago. The Retail Brokers Network has over 700 qualified retail specialists in over 65 offices in North America providing their local expertise to retailers, developers and investors throughout North America. www.retailbrokersnetwork.com