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1700 W Diversey Pky 1,745 sq ft of Office / Retail Space Available in Chicago, IL 60614
HIGHLIGHTS
- Ground floor unit located in Chicago's west Lincoln Park neighborhood.
- Ideal location for a coffee tenant, donut shop or any other food user.
- Located at the northwest corner of Diversey Avenue and Paulina Street.
- The location is easily accessible by the Diversey and Ashland bus lines.
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 1,745 sq ft | Negotiable | £10.47 /sq ft pa £0.87 /sq ft pcm £18,274 pa £1,523 pcm | Triple Net |
1st Floor
Available for immediate occupancy is this 1,745sf retail space for lease. The ground floor unit is located at the northwest corner of Diversey Avenue and Paulina Street. For over 15 years, this space was occupied by Starbucks. The infrastructure is still in place. This is an ideal location for a coffee tenant, donut shop or any other food user that needs great visibility in Chicago's west Lincoln Park neighborhood.
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as Standard Retail Unit
- Fits 5 - 14 People
- Space is in Excellent Condition
- Private Restrooms
- Coffee shop build-out.
- Former Starbucks.
- Ground Floor Retail Unit.
- Previous tenant was a hair salon
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 (NNN) 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 rent 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 rent 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.
PROPERTY FACTS
| Total Space Available | 1,745 sq ft | Net Internal Area (NIA) | 4,380 sq ft |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Shopfront Retail / Residential | Parking Allocation | 1/1,000 sq ft |
| Total Space Available | 1,745 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 4,380 sq ft |
| Year Built | 1997 |
| Parking Allocation | 1/1,000 sq ft |
ABOUT THE PROPERTY
Storefront Retail/Residential property located in Chicago's west Lincoln Park neighborhood. The location is easily accessible by the Diversey and Ashland bus lines. Diversey Avenue is a major east-west street connecting the Kennedy Expressway to the west and Lake Shore Drive to the east.
- Signage
NEARBY MAJOR RETAILERS
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1700 W Diversey Pky
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