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2945-49 Central St 2,500 SF of Retail Space Available in Evanston, IL 60201
HIGHLIGHTS
- High-visibility corner property Located in the heart of Evanston's Central Street commercial corridor
- Surrounded by a supportive, engaged community of residents and small businesses
- Easy access to I-94, Green Bay Road, and public transit options
- Plans and drawings pre-approved for a restaurant/hospitality facility Seating for ±70 indoors and over 100 outdoors
- Incredible demographics with Avg HH income of $230k and Avg home value of $782,000 in immediate area
- Expansive outdoor area for al fresco dining or additional parking Six parking spaces planned on site with ample street parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Full Building | 2,500 SF | Negotiable | $87.06 CAD/SF/YR $7.26 CAD/SF/MO $217,651 CAD/YR $18,138 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Full Building
Available for lease. Great restaurant or business opportunity in the heart of Evanston’s highly desirable Central St corridor with approved plans for redevelopment. This 2,500 sq ft building, situated on a generous 9,375 sq ft lot has entitlements for a restaurant facility that will seat approx. 70 people indoors and over 100 people outdoors. This corner property offering boasts high visibility, excellent foot traffic, and proximity to boutiques, cafes, Metra, and Northwestern University. Ideal for restaurant/hospitality uses with ample space for parking and outdoor seating. This landmarked property has had it's renovation approved by the City of Evanston's Landmark Preservation Commission. Surrounded by a thriving mix of residences and small businesses. Don’t miss this chance to invest in one of Evanston’s most vibrant and walkable neighborhoods. Seller is a licensed Illinois Real Estate Broker.
- Lease rate does not include utilities, property expenses or building services
- For lease at $13,000/month NNN
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 broker 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.
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 2,500 SF |
| Property Type | Retail | Year Built | 1935 |
| Property Subtype | Freestanding | Cross Streets | Hurd Avenue |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,500 SF |
| Year Built | 1935 |
| Cross Streets | Hurd Avenue |
ABOUT THE PROPERTY
±2,500 SF building on 9,375 SF lot. ?The area surrounding 2945 Central Street in Evanston, Illinois, is a vibrant and historic neighborhood known for its blend of residential charm and lively commercial activity. This region, often referred to as the Central Street neighborhood, offers a unique mix of urban amenities and small-town appeal. Central Street serves as the neighborhood's main commercial corridor, featuring a pedestrian-friendly district filled with independent stores, bakeries, coffee shops, boutiques, and restaurants. Notable establishments include DeSalvo’s Pizza, Backlot Coffee, Hartigan's Ice Cream, and Leonidas Chocolate Café.
- Corner Lot
- Signage
NEARBY MAJOR RETAILERS
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2945-49 Central St
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