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801-807 W Randolph St 1,391 - 3,336 SF of Retail Space Available in Chicago, IL 60607
Highlights
- High Traffic Close to public transportation
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground, Ste 801 | 1,945 SF | 13’ | 5-10 Years | $123.36 /SF/YR $10.28 /SF/MO $239,935 /YR $19,995 /MO | Triple Net (NNN) | |
| Ground, Ste 803 | 1,391 SF | 13’ | 5-10 Years | $86.28 /SF/YR $7.19 /SF/MO $120,015 /YR $10,001 /MO | Triple Net (NNN) |
Ground, Ste 801
· Tenant must be a National Company · Term Min 10 years · Owner wants Base rent 22,000 month NNN plus Taxes ( around $2,500 a month) - 3% annual increases (includes Basement Space- Extended Kitchen Area) · Vanilla Box Ready – TBD · Tenant Incentive - TBD · Rent commencement - TBD · Security Deposit - TBD
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Kitchen
- Finished Ceilings: 13’
Ground, Ste 803
Tenant must be a National Company · Term Min 10 years · Owner wants Base rent 16,000 month NNN plus Taxes (around $2,500 a month) - 3% annual increases (includes Basement Space with Party Space & Restrooms) · Vanilla Box Ready – TBD · Tenant Incentive - TBD · Rent commencement - TBD · Security Deposit - TBD
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Finished Ceilings: 13’
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.
Site Plan
Property Facts
| Total Space Available | 3,336 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built/Renovated | 1902/1989 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,336 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,000 SF |
| Year Built/Renovated | 1902/1989 |
About the Property
We are pleased to offer three exceptional retail spaces for lease at 801-807 W Randolph Street, situated in the heart of Chicago's vibrant West Loop neighborhood. These spaces, currently occupied by well-established businesses, present a unique opportunity for tenants seeking a prime location with high visibility and foot traffic. 801 W Randolph St: Occupied by Jubilee, a popular dining establishment offering contemporary American fare. 803 W Randolph St: Currently home to Nia, a renowned restaurant known for its Mediterranean-inspired cuisine. 807 W Randolph St: Hosts Mirror Mirror Salon Spa, a well-established salon and spa offering a range of beauty services. The West Loop has transformed from its industrial roots into one of Chicago's most sought-after neighborhoods, blending historic charm with modern amenities. This area is celebrated for its dynamic culinary scene, often referred to as "Restaurant Row," featuring a plethora of dining options ranging from upscale eateries to casual cafes. Notable establishments such as Girl & the Goat and Au Cheval are just a stone's throw away. The property's strategic location offers unparalleled advantages: Proximity to Downtown: Just minutes from Chicago's central business district, providing easy access for professionals and visitors alike Transportation: Well-connected by multiple CTA train and bus lines, facilitating convenient commutes. loftyrealestate.com Thriving Community: The West Loop's evolution into a bustling urban hub attracts a diverse demographic, from young professionals to families, ensuring a steady flow of potential customers. Property Features: Versatile Spaces: Each unit can be delivered as a "vanilla box," providing a blank canvas for tenants to customize the interior to their specific business needs. Historic Charm: The building, constructed in 1902, retains its historic façade, offering a unique blend of classic architecture and modern functionality. High Visibility: Located on a prominent stretch of Randolph Street, the spaces benefit from substantial foot traffic and street exposure. Leasing at 801-807 W Randolph Street positions your business in a dynamic and growing community. The West Loop's continuous development and its status as a cultural and dining hotspot make it an ideal environment for businesses aiming to establish a strong presence in Chicago. All Spaces can be vacated in 30 to 60 days.
- Bus Line
- Corner Lot
- Property Manager on Site
- Signalized Intersection
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Contact the Leasing Agent
801-807 W Randolph St