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1700 Sherman 1700 Sherman Ave
5,312 SF of Retail Space Available in Evanston, IL 60201
Sublease Highlights
- Sublease term through 12/31/2023
- Easy access to transit, Just a block from Davis Street/Evanston stations.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste Retail | 5,312 SF | Dec 2024 | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste Retail
Turnkey café space at Main and Main in downtown Evanston. Neighboring tenants include Target, LA Fitness, CVS, Urban Outfitters, Starbucks, Colectivo, Epic Burger, Insomnia Cookies, and Blaze Pizza.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Corner Space
- Excellent neighboring tenants
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1700 Sherman
- Tenant
- Description
- US Locations
- Reach
- Citibank
- Bank
- 1,621
- International
- Habibi In
- -
- 1
- -
- Hair Cuttery
- Salon/Barber/Spa
- 910
- National
- Le Peep
- Restaurant
- 74
- National
- Music Institute Of Chicago
- Music/Video/Games
- 1
- Regional
- Panera Bread
- Bakery
- 3,067
- International
| Tenant | Description | US Locations | Reach |
| Citibank | Bank | 1,621 | International |
| Habibi In | - | 1 | - |
| Hair Cuttery | Salon/Barber/Spa | 910 | National |
| Le Peep | Restaurant | 74 | National |
| Music Institute Of Chicago | Music/Video/Games | 1 | Regional |
| Panera Bread | Bakery | 3,067 | International |
PROPERTY FACTS FOR 1700 Sherman Ave , Evanston, IL 60201
| Property Type | Retail | Year Built/Renovated | 1929/2000 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.7/1,000 SF |
| Gross Internal Area | 48,351 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 48,351 SF |
| Year Built/Renovated | 1929/2000 |
| Parking Ratio | 0.7/1,000 SF |
About the Property
Located on the first floor of a 4-story retail building in bustling Evanston, just 4 blocks from Northwestern University, with nearly 22,000 students.
- Bus Route
- Signage
- Signalised Intersection
Nearby Major Retailers
-
Lara Keene -
Westin Kane -
Mid-America Real Estate Corp.
Presented by
1700 Sherman | 1700 Sherman Ave
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