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906-908 S Wabash Ave 3,500 SF of Retail Space Available in Chicago, IL 60605
Highlights
- 2nd generation1 single-story, ground floor venue/hospitality space with lots of existing infrastructure and adjacent to brand new Aria Salon
- Great Wabash Ave location within steps of many exciting developments, including “1000M” and many immediate area pedestrian traffic generators
- Great immediate area co-tenancy including Trader Joe's, Starbucks, Jewel Osco, Walgreens, Target, Five Guys, Chipotle, Stan's Donuts & Potbelly
- Flexible DX-12 zoning allows for many types of uses, including retail/restaurant, theater, music venue, medical/dental, fitness, etc.
- Proximate to Soldier Field, Grant Park, Museum Campus, downtown Universities and schools
- Close to all CTA mass transit trains and buses and available immediately
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 906 | 3,500 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $105,000 /YR $8,750 /MO | Triple Net (NNN) |
1st Floor, Ste 906
2nd generation space ideal for: retail/restaurant, theater, music venue, medical/dental, fitness, etc. Good aesthetics with 15' high ceilings and exposed brick. Existing infrastructure includes bathrooms, HVAC, lights, electrical distribution, and much more. One parking space included. Available immediately.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
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.
Select Tenants at 906-908 S Wabash Ave, Chicago, IL 60605
- Tenant
- Description
- US Locations
- Reach
- Wabash Publishing Co Inc
- Information
- 1
- -
| Tenant | Description | US Locations | Reach |
| Wabash Publishing Co Inc | Information | 1 | - |
Property Facts
| Total Space Available | 3,500 SF | Gross Leasable Area | 8,662 SF |
| Property Type | Retail | Year Built | 1918 |
| Property Subtype | Storefront | Parking Ratio | 0.46/1,000 SF |
| Total Space Available | 3,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,662 SF |
| Year Built | 1918 |
| Parking Ratio | 0.46/1,000 SF |
About the Property
Stunning ground-floor retail space with excellent exposure on Wabash Ave. in Chicago's South Loop. Great location, steps to thousands of area residents and many local and national retail businesses. ±3,500 SF 2nd generation event/venue space with a ton of infrastructure, including two ADA-compliant bathrooms, HVAC, lighting, and electrical distribution, and an existing bar with plumbing and much more. The property boasts 15' high ceilings, making it a great option for a restaurant/hospitality tenant. DX-12 zoning allows for almost any possible use, including retail, restaurant, music or theater venue, medical/dental, fitness, professional offices, etc. Immediate area co-tenancy includes Trader Joe's, Starbucks, Jewel Osco, Walgreens, Target, Five Guys, Eleven City Diner, Stan's Donuts, Potbelly & Chipotle, to name a few. Located in the heart of Chicago's South Loop neighborhood. Available immediately.
- Bus Line
Nearby Major Retailers
Contact the Leasing Agent
906-908 S Wabash Ave