PROPERTY DESCRIPTION:
Central Station development in Chicago's South Loop is the site of two
new adjoined apartment buildings. The taller of the two buildings, at 40
stories, will have 411 market-rate apartments. The adjacent 11-story
mid-rise building will have 91 affordable apartments for seniors with retail
storefronts located on the 1st floor along Michigan Avenue.
SQ. FT.:
Approx. 1,000-4,252 sq. ft.
LEASE RATE:
$30.00-35.00/ sq. ft. NNN
$42.00-45.00/ sq. ft. NNN (2,644 sq. ft. Corner Space)
TAXES:
Estimated Taxes: $3.00-5.00/ sq. ft.
CAM:
Estimated CAM: $2.00-4.00/ sq. ft.
AVAILABILITY:
March, 2006.
CROSS STREETS: MICHIGAN & 13th
FOR LEASE
RETAIL
NEIGHBORHOOD: SOUTH LOOP
1255 S. MICHIGAN AVE
THE LORD COMPANIES, L.L.C.
