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18 N Wabash Ave 1,500 - 5,400 SF of Retail Space Available in Chicago, IL 60602
HIGHLIGHTS
- Heavy Daytime Traffic
- Steps from State St
- Steps from Public Transit
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 1,500-5,400 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $216,000 /YR $18,000 /MO | Triple Net (NNN) |
1st Floor, Ste 100
Divisible up to 1,500 - 5,400 sf with alley access! Discover an exceptional retail opportunity in the heart of Chicago’s vibrant East Loop, just steps away from Block 37 and a block from Millennium Park. This prime street-level space is perfectly suited for any business! With high foot traffic and excellent visibility, your business will thrive in this bustling downtown location. Don't miss the chance to secure this versatile space that combines convenience, luxury, and accessibility—ideal for any business looking to establish a strong presence in one of Chicago's most sought-after neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space In Need of Renovation
- High foot traffic
- Excellent visibility
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 | 5,400 SF | Gross Leasable Area | 5,400 SF |
| Min. Divisible | 1,500 SF | Year Built | 1911 |
| Property Type | Retail |
| Total Space Available | 5,400 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,400 SF |
| Year Built | 1911 |
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
18 N Wabash Ave