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6-8 Clark Street Chicago, Il

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6-8 Clark Street Chicago, Il STREET RETAIL RETAIL & OFFICE FOR LEASE 6-8 CLARK STREET CHICAGO, IL 6 CLARK STREET RETAIL SPACE • 35 feet of frontage on South Clark • +/- 8,000sf available • Restaurant equipment in place • Signage opportunity • New storefront coming soon • Alley access for back loading OFFICE INTERIOR • +/- 12,000sf available • Single level or multilevel optionality • New lobby elevators available • Upper level signage opportunity • Turnkey or build-to-suit options • Alley access for back loading REALTERM STREET RETAIL 2 THE LOOPCHICAGO’S CENTRAL BUSINESS DISTRICT 6 S Clark is located within a very densely populated office area in downtown Chicago. This volume of workers has attracted hundreds of restaurants and retailers to the area (examples below). REALTERM STREET RETAIL 4 GROSS SF OF 4,410 THE INTERIORRETAIL AND OFFICE SPACE FLOOR PLANS+/– 35’ WIDTH, +/– 126’ DEPTH 1rst Floor | Retail UP DN UP DN 14 Deep Joists DN 8 Deep Joists Lower Level | Retail As-is restaurant space. Build-to-suit options also available. 8 Deep H.C. Pre UP Metal Cast Decking Conc. Planks UP Metal Decking 8 Deep 8 Deep H.C. Pre H.C. Pre Cast Cast Conc. Conc. Planks UP Planks 2nd, 3rd, 4th Floor | Office DN UP UP DN 14 Deep Joists 8 Deep Joists REALTERM STREET RETAIL 6 2,700+ 2nd LARGEST Yelp results for central business restaurants walking district in the US distance second only to NYC 54.1 MM $15 BN 1,500+ VISITORS Yelp results for hotels Chicago tourism Chicago had record walking distance spending in 2016 tourism in 2016 1,000+ 30+ 32 Fortune 500 Yelp results for bars bus stops in the company walking distance central loop headquarters 4 CTA STATIONS 2.2+ MM within three blocks private sector jobs in accessing 6 trains cook county in 2016 3 MAJOR 11.5 MM HIGHWAYS passengers at these within one mile stations in 2015 I-90, I-290, and Lake Shore Dr. REALTERM STREET RETAIL 8 10 Miles Chase Tower & Exelon Plaza 5 Miles 6 S Clark Street sits immediately across the 2 Miles street from the most prestigious office tower in the loop: Chase Tower. Designed by Perkins and Will, this 60 story, 850-foot-tall skyscraper serves as JP Morgan Chase’s Commercial and Retail Banking Headquarters. It also holds the largest bank branch in Chicago with 22 ATMS. DEMOGRAPHICS Together with Exelon plaza, the property occupies an entire block at the geographic center of the loop. Exelon Plaza is home 6 Clark Street Chicago, IL 2 Miles 5 Miles 10 Miles to Marc Chagall’s famous wall mural Four Population Seasons as well as a large jet fountain. Airy Estimated Population (2016) 205,170 788,556 2,605,428 and scenic, this plaza provides a popular Projected Population (2021) 204,448 792,055 2,613,116 place for the loop’s office workers to take their Census Population (2010) 183,050 747,158 2,514,326 lunch break. Census Population (2000) 133,483 757,868 2,675,437 Historical Annual Growth (2010-2016) 22,120 2.0% 41,398 0.9% 91,101 0.6% Historical Annual Growth (2000-2010) 49,567 3.7% -10,710 -0.1% -161,111 -0.6% Estimated Population Density (2016) 16,340 psm 10,046 psm 8,297 psm Trade Area Size 12.6 sq mi 78.5 sq mi 314.0 sq mi Households Estimated Households (2016) 122,472 373,673 1,046,248 Projected Households (2021) 125,780 385,850 1,079,255 Census Households (2010) 104,816 341,819 976,386 Census Households (2000) 75,244 317,661 986,385 Projected Annual Growth (2016-2021) 3,307 0.5% 12,177 0.7% 33,007 0.6% Historical Annual Change (2000-2016) 47,229 3.9% 56,012 1.1% 59,863 0.4% Average Household Income Estimated Average Household Income (2016) $133,396 $103,115 $78,515 Projected Average Household Income (2021) $162,772 $123,800 $92,463 Census Average Household Income (2010) $112,327 $86,901 $67,158 Census Average Household Income (2000) $88,563 $67,089 $55,101 Projected Annual Change (2016-2021) $29,377 4.4% $20,684 4.0% $13,948 3.6% Historical Annual Change (2000-2016) $44,833 3.2% $36,026 3.4% $23,414 2.7% Median Household Income Estimated Median Household Income (2016) $90,392 $73,352 $58,589 Projected Median Household Income (2021) $101,168 $81,541 $64,622 Census Median Household Income (2010) $71,677 $58,929 $49,746 Census Median Household Income (2000) $56,505 $45,759 $41,122 Projected Annual Change (2016-2021) $10,776 2.4% $8,189 2.2% $6,032 2.1% Historical Annual Change (2000-2016) $33,888 3.7% $27,594 3.8% $17,467 2.7% Home Values (2010) Estimated Per Capita Income (2016) $79,902 $49,226 $31,698 Projected Per Capita Income (2021) $100,416 $60,670 $38,357 Census Per Capita Income (2010) $64,319 $39,757 $26,080 Census Per Capita Income (2000) $49,663 $27,967 $20,201 Projected Annual Change (2016-2021) $20,513 5.1% $11,444 4.6% $6,659 4.2% Historical Annual Change (2000-2016) $30,239 3.8% $21,259 4.8% $11,497 3.6% Estimated Average Household Net Worth (2016) $939,093 $725,460 $523,047 REALTERM STREET RETAIL 10 www.realterm.com STREET RETAIL For More Information Contact: John Tsiskakis Vice President of Acquisitions 773.397.9100 [email protected] One Pennsylvania Plaza, Suite 4510 New York, NY 10119.
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