South Loop Restaurant Spaces at Pointe 1900

Lease Rate$26
/Sq. Ft./Year
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.$12.00

Year Built2006

Min. Space1,421

Max. Space1,430

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South Loop Restaurant Spaces at Pointe 1900


Lease Rate$26
/Sq. Ft./Year
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.$12.00

Year Built2006

Min. Space1,421

Max. Space1,430

Property Description
Two restaurant-capable spaces with parking available for lease at Pointe 1900 in Chicago's South Loop. The corner space (1,421 SF) is a second-generation restaurant space with full restaurant infrastructure, including black iron ductwork, a 12ft hood with fire suppression, and service counters. The 1,430 SF space fronts Archer Ave and has Type II venting, which could be useful for pizza, bakery, hot sandwiches, venting for electric ovens, and other potential food uses. Both spaces are in fully functional condition, ready for new tenants.
The spaces are also perfect for general retail, office, and/or medical office uses. The property boasts great frontage on State. St & Archer Ave, with fantastic signage opportunities. Situated directly across the street from Perspectives Charter School. Pointe 1900 consists of 131 fully occupied residential condos plus 36,500 SF of retail space with parking. Great and varied co-tenancy includes Chase Bank, AthletiCo, Subway, Cafe Bionda Restaurant, My Place Chinese Restaurant, and Intrigue Dance and Performing Arts Center. Both spaces are available immediately and are offered at affordable rental rates.
About the Property
Type
Building Status
Established
Facilities & Assets
Second generation spaces w/ substantial existing infrastructure, including black iron ductwork and Type II venting for restaurant uses
Fantastic co-tenancy includes Chase, Athletico, Subway, Cafe Bionda, and My Place Chinese Restaurant
Parking lot available for customers
Great visibility on State St & Archer Ave
Strong area demographics with AVG HH incomes over $140k
Asking Rent: $21 - 26/sf NNN
Current Passthroughs: $11.84/SF
Ready to go for new tenants
Available Immediately
Location Description
Pointe 1900 is located in the heart of Chicago's South Loop neighborhood - one of the fastest-growing neighborhoods in Chicago boasting significant development in recent years The South Loop is located south of Chicago’s loop CBD and is close to several city attractions including Soldier Field, Grant Park, McCormick Place, Columbia College, The Art Institute of Chicago, Adler Planetarium, Field Museum, Shedd Aquarium, and the new Wintrust Arena.
Current & Prior Use
Two second-generation restaurant spaces.
About the Lease
Rent
$2.17 per sq.ft per month
Lease Is NNN
Yes
Listing Info
ID
2475027
Listing Views
Attached DocumentsAttachment Disclaimer

Pointe 1900 Lease Brochure.pdf

Business Location

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Property Listed by: Marcus Sullivan Sperry Van Ness

Listing ID: 2475027 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.