Exceptional opportunity for retail, restaurant, or office in Chicago's hottest market

Transcription

1 Exceptional opportunity for retail, restaurant, or office in 's hottest market // //

2 Highly desirable West Loop Location

3 Property Highlights Retail / office space available in highly sought after West Loop location Black iron capable Easy access to transportation - only 2 blocks to the CTA Morgan Green Line 'L' Station Adjacent to new McDonald's global headquarters and concept store Available Space: 3,500 SF of contiguous space available Availability: Immediate Availability

4 RETAIL D 3,500 SF AVAILABLE 5'-8 1/2" 11'-1 1/4" 59'-7 1/4" 12'-7 1/2" 6'-10 1/4" 5'-5" 6'-6 1/4" 10 1/4" 16'-2 3/4" 6'-1" 9'-4 3/4" 3'-0 1/4" 5'-3" WOMEN CORRIDOR 7'-11" MEN CORRIDOR /4" 20'-2 3/4" 61'-5 1/4" 70'-10" 27'-5 1/4" 32'-2" 33'-1 3/4" 3,500 SF SPACE D BANK TENANT 30'-8 1/2"

5 Building Floor plan Ground Level 23 6 COMMON N. Carpenter Street 73 0 TENANT 2 TENANT 3 TENANT 1 3,500 SF SPACE D BANK TENANT DAYCARE TENANT 95 2 N. Morgan Street COMMON W. Washington Boulevard

6 chicago s best Loop Location Highlights Randolph Street s Restaurant Row offers over 30 dining options along Randolph Street and is home to the city's highest concentration of award-winning restaurants including Michelin s 2018 Bib Gourmand winners Au Cheval, Girl & The Goat (pictured above), Sushi Dokku, and Maude s Liquor Bar. 1 block from 1000 W. Washington Fulton Street Home to Google s 357,000 SF office at 1K Fulton (top-center picture), award-winning cocktail bar The Aviary, and dining hot spots including Swift & Sons, Next, Duck Duck Goat, The Publican, Roister, Kuma s Too and La Serena Clandestina. 3 blocks from 1000 W. Washington Urban Brand Shops Opened it s 10,950 SF showroom at 1101 W. Randolph (pictured above) in March 2017 and Anthropologie, another Urban Outfitters brand, opened it s 8,000 SF location at 1008 W. Randolph in November block north and 1 block west, respectively, from 1000 W. Washington CTA Morgan Green Line L Station The $38M Morgan station (pictured left) had an annual ridership of 800,000+ in 2017 showing a 70% increase in ridership since blocks from 1000 W. Washington

7 West loop stats 3,5OO IN 22% POPULATION GROWTH IN THE LAST 5 YEARS NEW RESIDENTIAL UNITS THE NEXT 2 4 MONTHS 48% OF POPULATION IS BETWEEN AVERAGE HHI $132k 4.9M O F F I C E S P A C E SQUARE FEET McDonald s Global HQ McDonald s new 480,000 SF global headquarters is located adjacent to 1000 W. Washington, and is expected to bring approximately 2,000 employees to the area in NEW RESIDENTIAL UNITS IN ,9O2 1,131 HOTEL KEYS UNDER CONSTRUCTION OR PLANNED ANNUAL RIDERSHIP 8OOk+ LAKE & MORGAN 70% INCREASE FROM 2012

8 West Loop Retail The West Loop consists of over 1M rentable square feet of retail inventory, both existing and under construction. Following Google s move into 1K Fulton in 2015, companies such as McDonald s, Glassdoor, and Dyson have made the move to the rapidly changing neighborhood. In September 2017 WPP Group, the world s largest advertising company, signed a 253,000 SF lease and will open in 2020 with approximately 2,000 employees. Retailers are now quickly following suit with all the elements in-place for a thriving retail trade area. Award winning designer Billy Reid opened in 2015, Anthropologie signed a 10,000 SF lease, Free People recently opened an 8,000 SF multi-level store, and Starbucks Reserve is opening at 1000 W. Randolph. With ongoing demand for retail space, developers are making substantial investments into the neighborhood, spurring more new retail development to support the growing de mand from apparel, fashion and food tenants.

9 N A B E R D E E N S T N M O R G A N S T N S A N G A M O N S T Rizes Produce Terrazo & Marble Supply BWM Repair Lifebook Pizzeria del Mercato Mars RETAIL Consumers Supply Company RETAIL Tuckerpups Artists Coalition OFFICE / RETAIL FM Hair Studio RESIDENTIAL / OFFICE Lake St Barbering Co Harvest Juicery (1K Fulton) Swift & Sons Cold Storage Regards to Edith Prairie School Oliver & Rowan Bespoke Axelle + Ivy Salon West Loop Mart Ace Hotel Stumptown Coffee Roasters La Sirena Aesop Clandestina West Loop The Roister Aviary Next Casati Bar Takito Morgan Station Green & Pink Lines Annual Ridership: 735,326 Market Kitchen W F U L T O N S T W L A K E S T Duck Duck Goat 8Fifty8 Kuma s Corner Punch Bowl Social Beatrix Gus Chicken Minx The Parlor Publican Emporium We Work OFFICE / RETAIL Ballast Point OFFICE / RETAIL Music Dealer Services Publican Quality Meats BLVDier RETAIL Ramen Takeya Momotaro Rascal Flatts Cemitas Puebla Northwestern Cutlery Mid Paddy O Fegan s OFFICE / RETAIL Oriole Saint Lou s Assembly Moneygun N E L I Z A B E T H S T Fred Astaire Dance Studio Lovers Playground Alahambra Palace Macello Westlake Honey s Northwestern Dunkin Federales Bath & Kitchen Medicine Donuts OFFICE Rider Immediate Care The Market Corned Beef For Life by Foxtrot Factory City Winery Art + Science Salon Forno Rosso Pizzeria Napoletana N C A R P E N T E R S T Big City Swing South Central Bank Anthropologie Sweetgreen Do-Rite Donuts Shake Shack Starbucks Stubhub RETAIL / RESIDENTIAL Lululemon Bonci Pizza Cruz Blanca Cerveceria Leña Brava W R A N D O L P H S T N P E O R I A S T Nobu Hotel RETAIL OFFICE DEV. Grange Hall Sam Hill Burger Bar Eatery & Saloon Maude s Liquor Bar Bar Siena N G R E E N S T BLVD Little Goat OFFICE / RETAIL Happy Point Lone Wolf Bad Hunter Au Cheval La Josie Ronero RESIDENTIAL / RETAIL Tanoshii Lou Malnati s Pizza Extra Animal Care Space Center Storage N W I L L A R D C T Department of Finance Townstone Financial Inc. The Publishing House B&B The Press Room N M A Y S T West Loop Salumi Free People McDonald s Headquarters La Sardine Nando s Ora Dental La Floyd s 99 Colombe Barbershop Porkchop Formento s Nonna s Veggie Grill Jeni s Ice Cream JP Graziano Grocery Dubhe arreño G.R. N Namdi Billy Reid Jaipur Threewalls West Loop Auto Spa Nellcôte Giedeon Sweet Green Street Smoked Meats RM Champange Sawada Coffee Parlor Pizza Bar Sushi Girl & Dokku the Goat Booze Nia Box Chicken & Farm Soho House Hotel Harold s Chicken Shack Jubilee Juice & Grill más Equinox Hotel Haymarket Pub & Brewery RESIDENTIAL / HOTEL Bank of America 90 W W A S H I N G T O N B L V D WE O Neil Construction Co Sarah Raskey Fine Art Talay Smiles Pediatric Dentistry H&R Block Pure Barre Goodwill Sun Times Great American Bagel Leaders 1354 Mad Social Spex Bavarian Motors Crossroads Bar & Grill Sun Times Cat & Mouse Games Herzog Fixture Co W M A D I S O N S T AlphaGraphics The Hair Loft Monteverde Restaurant Wishbone Mane Abstracts Hair Salon Parkway Bank & Trust Vision Boutique G2 Men s Salon Chase Bank UPS Store Victoria Sdoukos Bridal Allure Nails Bangs Hair Salon Sushi Pink 909 Cleaners Dunkin Donuts / Baskin Robbins Ann James Beauty Supply LA Gold Tan Coast ElleTickets Nail Spa Kavi Gupta Andrew Rafacz Western Carrie M2057 Exhibitions Secrist Hydro Inc N A C A D E M Y P L MB Financial Bank Whole Foods Market

10 Exceptional opportunity in chicago s hottest market doug.renner@baumrealty.com trevor@baumrealty.com 2018 All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing from sale or lease, and to any listing conditions, including the rates and manner of payment of commissions for particular offerings, the terms of which are available to principals or duly licensed brokers. This information may include estimates and projections with respect to future events, and these future events may or may not actually occur. Such estimates and projections reflect various assumptions concerning anticipated results. While we believe these assumptions are reasonable, there can be no assurance that any of these estimates and projections will prove to have been correct. Therefore, actual results may vary materially from these forward-thinking estimates and projections. Any square footage dimensions set forth are approximate.