Your email has been sent.
5000 N Broadway St 940 - 2,440 SF of Space Available in Chicago, IL 60640
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5000 | 1,500 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $60,000 /YR $5,000 /MO | Modified Gross | ||
| 1st Floor, Ste 5008 | 940 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $42,300 /YR $3,525 /MO | Modified Gross |
1st Floor, Ste 5000
This commercial property, situated in the vibrant heart of Broadway Avenue, is ideal for retail and office use. Its spacious front office area features a large glass window storefront and a private office room. Imagine unlocking the potential of this retail/office space, ideally located next to national tenant -MINSO (5004-5006 N Broadway), a high-traffic national brand that consistently attracts customers. This prime location offers exceptional visibility, strong foot traffic, and a built-in customer base, making it an ideal spot for retail, office, or service-based businesses. The area is highly populated, with numerous excellent dining options nearby, including Tank Noodle, Tweet, Ba Le Bakery, Sun Wah BBQ, and Fat Milk. This property is perfect for a retail store, attorney’s office, medical practice, small business, and more.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Space In Need of Renovation
- Central Air and Heating
- Natural Light
1st Floor, Ste 5008
This commercial property is located in the bustling heart of Broadway Ave and is suitable for both retail and office use. Its spacious front office area boasts a large glass window storefront, while there is also a private office room. The area is highly trafficked, with many excellent dining options in the vicinity such as Tank Noodle, Tweet, Ba Le Bakery, Sun Wah BBQ, and Demera, making it an ideal location for your business. This property is perfect for a retail store, attorney's office, medical practice, small business, and more.
- Listed rate may not include certain utilities, building services and property expenses
- 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 | 2,440 SF | Gross Leasable Area | 10,452 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2000 |
| Property Subtype | Restaurant | Parking Ratio | 3.06/1,000 SF |
| Total Space Available | 2,440 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,452 SF |
| Year Built/Renovated | 1920/2000 |
| Parking Ratio | 3.06/1,000 SF |
About the Property
Retail/Office space in the heart of Broadway Ave. The unit features a large glass window storefront, spacious front office area, private office room & kitchen/lunchroom. High traffic, a dense area that includes the best dining surround like Tank Noodle, Tweet, Ba Le Bakery, Sun Wah BBQ, Demera, heavy foot traffic. Ready for your concept, perfect for a retail, attorney, medical office, small business, and more. Lease Term: Modified Gross Lease The lease comes with 2 spots. Additional parking available, each spot $200.00 per month
Nearby Major Retailers
Contacts
-
Sharon Wong -
Ivan Man -
Century21 Realty Associates | HMC Realty & Management Co.
