RETAIL STOREFRONT
FOR LEASE
NEIGHBORHOOD: LAKEVIEW
3254-64 N. LINCOLN
THE LORD COMPANIES, L.L.C.
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| Scott Fithian Direct: 773.404.4314 Fax: 312.944.3759 scott@lordfinancial.com |
CROSS STREETS: LINCOLN, BELMONT & ASHLAND
Two (2) remaining contiguous commercial spaces in this recent mixed-use conversion of an Art Deco loft building, comprising a total of
approx. 6,750 rentable square feet plus an attached garage dedicated to the commercial spaces.
-Unit B - approx. 2,750 rentable SF, built-out for Amedisys Home Health Services.
-Unit C - approx. 4,000 rentable SF, built-out as a bank branch for Washington Mutual Bank.
These spaces have nearly 50' of frontage just south of the corner at Lincoln & School with prominent signage available. The spaces
currently have dropped drywall or acoustic tile ceilings which could be opened up to provide up to 16-20' ceiling heights.
The property has 20 parking spaces (~1.6 spaces/1,000 SF) in an attached garage with an access corridor to the rear of the commercial
spaces. Tenants have a non-exclusive right to their pro rata share of the parking spaces.
Use Restrictions: No on-site cooking of food and/or serving or sale of alcoholic beverages nor any business offering any form of
amusement to the public as defined by the City of Chicago Zoning Code. No business related to the care, raising, training or breeding of
animals.
Delivery Condition: These spaces will be delivered either "as is", complete with existing fixtures, furnishings and wiring and all electrical,
mechanical and plumbing systems in good working order or as a "vanilla box".
Lease Rates:
$25-28/SF, NNN, for corner space
$22-25/SF, NNN, for in-line spaces.
Property Taxes and CAM: Real estate taxes for 2012 are projected at approx. $2.60/SF for unit C and $4/SF for unit B (both have been
reduced due to current vacancy). Common area maintenance (CAM) expenses are approx. $3.00/SF
RENTAL FEATURES
- High traffic corner at Lincoln & School, north of 6-way intersection of Lincoln, Belmont & Ashland
- This site has outstanding access to all major transportation modes
LOCATION FEATURES
- 3254-64 N. Lincoln
- 2nd busiest CTA bus route (#9) in the city with nearly 9 million rides per year.
LEASE TERMS
Availability: Immediate
approx. 6,750 rentable square feet plus an attached garage dedicated to the commercial spaces.
-Unit B - approx. 2,750 rentable SF, built-out for Amedisys Home Health Services.
-Unit C - approx. 4,000 rentable SF, built-out as a bank branch for Washington Mutual Bank.
These spaces have nearly 50' of frontage just south of the corner at Lincoln & School with prominent signage available. The spaces
currently have dropped drywall or acoustic tile ceilings which could be opened up to provide up to 16-20' ceiling heights.
The property has 20 parking spaces (~1.6 spaces/1,000 SF) in an attached garage with an access corridor to the rear of the commercial
spaces. Tenants have a non-exclusive right to their pro rata share of the parking spaces.
Use Restrictions: No on-site cooking of food and/or serving or sale of alcoholic beverages nor any business offering any form of
amusement to the public as defined by the City of Chicago Zoning Code. No business related to the care, raising, training or breeding of
animals.
Delivery Condition: These spaces will be delivered either "as is", complete with existing fixtures, furnishings and wiring and all electrical,
mechanical and plumbing systems in good working order or as a "vanilla box".
Lease Rates:
$25-28/SF, NNN, for corner space
$22-25/SF, NNN, for in-line spaces.
Property Taxes and CAM: Real estate taxes for 2012 are projected at approx. $2.60/SF for unit C and $4/SF for unit B (both have been
reduced due to current vacancy). Common area maintenance (CAM) expenses are approx. $3.00/SF
RENTAL FEATURES
- High traffic corner at Lincoln & School, north of 6-way intersection of Lincoln, Belmont & Ashland
- This site has outstanding access to all major transportation modes
LOCATION FEATURES
- 3254-64 N. Lincoln
- 2nd busiest CTA bus route (#9) in the city with nearly 9 million rides per year.
LEASE TERMS
Availability: Immediate
