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Gold Coast Flagship Retail 1045-1049 N. Rush 3,400 SF of Retail Space Available in Chicago, IL 60611
Highlights
- The new development in Chicago's Gold Coast presents incredible opportunity for both luxury retail and restaurant operators.
- Above the ground floor retail is an incomparable restaurant and hospitality experience over three levels with indoor and outdoor functionality.
- The ground floor will cater to the tradition of the high-end boutiques in the neighborhood, creating a flagship destination on Rush Street.
- This will truly be a unique dining experience above the tree canopy of Mariano Park.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,400 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
3,400 square foot retail space available for lease.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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.
Property Facts
| Total Space Available | 3,400 SF | Gross Leasable Area | 13,764 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Storefront |
| Total Space Available | 3,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,764 SF |
| Year Built | 1964 |
About the Property
CANVAS Real Estate is pleased to represent Sterling Bay in the leasing of this premier ground floor retail space located at the base of the Hyatt House Hotel in Chicago's Fulton Market neighborhood. The space sits at the corner of Washington and May Streets and presents an incredible corner location in the booming mixed-use market. Located one block from Randolph Street, Chicago's "Restaurant Row" this opportunity is not to be missed.
- Signage
Nearby Major Retailers
