SOUTH LOOP CORNER RETAIL SPACE FOR LEASE 1400 S. MICHIGAN CHICAGO, IL 60605

Wayne Caplan Senior Vice President 312.529.5791 [email protected] Deena Zimmerman Vice President 312.756.7336 [email protected]

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 FOR LEASE Property Summary

OFFERING SUMMARY PROPERTY OVERVIEW

Available SF: 683 - 1,719 SF Dynamic corner retail space and small office space available in Chicago's bustling South Loop. Approx 1719 SF & 683 SF spaces on the ground floor of 1400 S. Michigan, a 28 floor, 257 unit luxury condo building. Second generation spaces - a corner space that previously served as a wine bar and is ready to go for any food, retail or service tenant, and the smaller office space also in ready to go condition. Corner space has substantial existing food user infrastructure still in place including 2-ADA compliant bathrooms, Lease Rate: $35.00 SF/yr (NNN) lighting, HVAC & electric utilities distributed, storage areas, a bar with counter, and designer flooring. Highly visible space at corner of 14th & Michigan Ave with lots of windows. Outdoor seating is possible for food users. Immediate area co-tenancy includes Chicago Firehouse, Kurah Restaurant, Giordano's, Waffles, Jewel-Osco, Starbucks, Trader Joe's, Bank of America, Walgreens, Jimmy John's, UPS Property Size: 9,152 SF Store, Eleven City Diner, Bongo Room and Go Grocer to name a few. Across the street from new 40,000 SF Rush University Medical Center. Steps to Grant Park, the CTA Roosevelt Road station, which has 2.5 million annual riders, and thousands of existing and under-construction apartments and condos. Great visibility and signage opportunities. Additional Parking available for Tenants. Indoor parking available for tenants. Immediate availability. Zoning: DX-12 LOCATION OVERVIEW Located in the South Loop in arguably the hottest area of downtown Chicago for both residential and retail growth. The Market: Chicago property sits in the Roosevelt Road retail corridor, one of Chicago's most popular and vibrant shopping destinations, and is centrally located among thousands of South Loop residents with approx 3000 new or under construction homes within steps. Across the street from the new 40,000 SF Rush University Medical Center,. Close to Lake Shore Drive, Soldier Field, Submarket: South Loop the Museum Campus, and walking distance from the Loop CBD.

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 2 All SVN® offices are independently owned and operated. Property Highlights

LEASE HIGHLIGHTS • Ground Floor of 257 unit luxury condo building • +/- 1,719 SF corner & 683 SF spaces- ready to go with existing infrastructure • Second generation spaces with food user and office build-outs • High ceilings and two sides of windows on corner space • Proximate to Soldier Field, Grant Park, Museum Campus, & CTA Roosevelt Rd station • Steps to thousands of new and existing homes, and many high traffic generating retailers • Great immediate area co-tenancy including Jewel, Walgreens, Starbucks, Trader Joes, Bank of America • Across the street from new 40,000 SF Rush University Medical Center • Corner space has frontage on Michigan Ave & 14th St. • Dense, high income demographics over $105,000/yr average household income in immediate area • Indoor parking available • Immediate availability

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 3 All SVN® offices are independently owned and operated. Area Retailer & Development Map

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 4 All SVN® offices are independently owned and operated. South Loop Retailer Map

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 5 All SVN® offices are independently owned and operated. Regional Map

South Loop Corner Retail Space For Lease

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 6 All SVN® offices are independently owned and operated. Location Maps

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 7 All SVN® offices are independently owned and operated. Available Spaces

LEASE RATE: $35.00 SF/YR TOTAL SPACE: 683 - 1,719 SF

LEASE TYPE: NNN LEASE TERM: Negotiable

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE TERM COMMENTS

1250 S. Michigan Space E Street Retail $35.00 SF/yr NNN 1,719 SF Negotiable 25' of frontage on Michigan Ave

Existing small office space with 1400 S. Michigan Space D Street Retail $35.00 SF/yr NNN 683 SF Negotiable full build-out

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 8 All SVN® offices are independently owned and operated. Site Plan

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 9 All SVN® offices are independently owned and operated. Floor Plan

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 10 All SVN® offices are independently owned and operated. Interior Photos

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 11 All SVN® offices are independently owned and operated. Exterior Photos - 14th St Elevation

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 12 All SVN® offices are independently owned and operated. Demographics Map

POPULATION 1 MILE 2 MILES 3 MILES

Total population 27,073 103,675 255,358

Median age 34.4 35.2 36.0

Median age (Male) 34.4 35.1 35.5

Median age (Female) 34.5 35.3 36.3

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

Total households 14,340 54,480 130,654

# of persons per HH 1.9 1.9 2.0

Average HH income $102,327 $104,154 $101,169

Average house value $428,643 $425,114 $445,693

* Demographic data derived from 2010 US Census

SOUTH LOOP CORNER RETAIL SPACE FOR LEASE | 1400 S. MICHIGAN CHICAGO, IL 60605 SVN | Chicago Commercial | Page 13 All SVN® offices are independently owned and operated.