CROSS STREETS: Cornelia & Ashland
PRIME CORNER RETAIL STOREFRONT
FOR LEASE
NEIGHBORHOOD: LAKEVIEW
3505 N. ASHLAND AVE.
THE LORD COMPANIES, L.L.C.
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Location:
This site is located at the northeast corner of Cornelia and Ashland, 3 blocks
north of the 6-way intersection of Lincoln, Belmont and Ashland and 1 block
south of Addison. Ashland is the main north-south transit route through
Lincoln Park and Lakeview up to Andersonville and Rogers Park. It is less
than 3 blocks to the Paulina Brown Line El station, 3 blocks to the Southport
shopping district and ¾ mile to Wrigley Field.
Traffic Counts
Demographics (2008) 1.0 mile 3.0 mile
Population 64,116 542,339
Households 33,111 252,422
Daytime Population 40,115 382,888
Daytime Work Population 26,641 177,727
Average Household Income $110,283 $88,904
Commercial Space
This commercial space is located at street level on the corner of this modern
5-story building with 22 luxury condos above (all sold and occupied). It
includes the following features:
This space would be suitable for a coffee shop/café, specialty retailer,
professional office, or small showroom desiring a high-profile location.
Delivery Condition
This space will be delivered as a “vanilla shell”, with a finished washroom,
working HVAC system, an open ceiling and concrete floors ready for Tenant’
s final flooring choice. Tenant-specific build-out could be amortized as an
addition into the lease rate by the landlord based on tenant credit and lease
term.
LEASE RATE
$1,800 per month (approx. $18 per RSF), modified gross, reduced from
$3,450/mo ($35/RSF)
Pass-through
Current real estate taxes, building insurance and common area maintenance
(CAM) of approximately $450/mo ($4.50 RSF) are included in the base rent.
Tenant will be responsible for increases in these expenses plus their own
separately metered gas and electric service.
AVAILABILITY
30 days from lease
This site is located at the northeast corner of Cornelia and Ashland, 3 blocks
north of the 6-way intersection of Lincoln, Belmont and Ashland and 1 block
south of Addison. Ashland is the main north-south transit route through
Lincoln Park and Lakeview up to Andersonville and Rogers Park. It is less
than 3 blocks to the Paulina Brown Line El station, 3 blocks to the Southport
shopping district and ¾ mile to Wrigley Field.
Traffic Counts
- 27,000 vehicles per day on Ashland
- 2nd most trafficked CTA bus route (#9) in the city with 10 million rides
per year.
Demographics (2008) 1.0 mile 3.0 mile
Population 64,116 542,339
Households 33,111 252,422
Daytime Population 40,115 382,888
Daytime Work Population 26,641 177,727
Average Household Income $110,283 $88,904
Commercial Space
This commercial space is located at street level on the corner of this modern
5-story building with 22 luxury condos above (all sold and occupied). It
includes the following features:
- Approx. 1,200 rentable sq ft (RSF) including outdoor sidewalk alcove
on the corner - Hard corner location with over 70’ of frontage for great signage and
visibility - B3 zoning allows most business and commercial uses
This space would be suitable for a coffee shop/café, specialty retailer,
professional office, or small showroom desiring a high-profile location.
Delivery Condition
This space will be delivered as a “vanilla shell”, with a finished washroom,
working HVAC system, an open ceiling and concrete floors ready for Tenant’
s final flooring choice. Tenant-specific build-out could be amortized as an
addition into the lease rate by the landlord based on tenant credit and lease
term.
LEASE RATE
$1,800 per month (approx. $18 per RSF), modified gross, reduced from
$3,450/mo ($35/RSF)
Pass-through
Current real estate taxes, building insurance and common area maintenance
(CAM) of approximately $450/mo ($4.50 RSF) are included in the base rent.
Tenant will be responsible for increases in these expenses plus their own
separately metered gas and electric service.
AVAILABILITY
30 days from lease
| Scott Fithian Direct: 773.404.4314 Fax: 312.944.3759 scott@lordcompanies.com |