Your email has been sent.
5961 N Lincoln Ave 2,400 SF of Retail Space Available in Chicago, IL 60659
HIGHLIGHTS
- Approx. 2,400 SF Endcap, 2nd Generation Restaurant Space
- Shadow Anchored by Walgreens with Excellent Co-Tenants: Potbelly, Physicians Immediate Care, Bank of America
- High Traffic Signalized Intersection with Full Access from Lincoln (25,000 vpd) and Peterson (34,400 vpd)
- Existing Infrastructure: 8' Type I Hood, 4' Type II Hood
- 48 car parking (5.4/1,000 SF) | Monument Signage Available off Lincoln Ave.
- Densely Populated Peterson Park Neighborhood | Former Tenant, Chipotle
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | $54.44 CAD/SF/YR $4.54 CAD/SF/MO $130,658 CAD/YR $10,888 CAD/MO | Triple Net (NNN) |
1st Floor
2nd generation Restaurant space Former Chipotle (Chipotle relocated "Chipotlane" nearby). Endcap with excellent visibility to Lincoln Ave. Located at a signalized intersection with full access from Lincoln Ave (25,000 vpd) and Peterson Ave (34,400 vpd) and 48 total parking spaces. Monument signage available off of Lincoln Ave and Peterson.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Corner Space
- High Ceilings
- Exposed Ceiling
- Endcap, 2nd Generation Restaurant Space
- Shadow Anchored by Walgreens
- Excellent Co-Tenants: Potbelly, Bank of America
- 48 car parking (5.4/1,000 SF)
- Monument Signage Available off Lincoln Ave.
- Potential for Outdoor Patio Space
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.
SELECT TENANTS AT 5961 N LINCOLN AVE, CHICAGO, IL 60659
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Physicians Immediate Care
- Urgent Care
- 68
- Regional
- Potbelly
- Sub Sandwich
- 538
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Physicians Immediate Care | Urgent Care | 68 | Regional |
| Potbelly | Sub Sandwich | 538 | International |
PROPERTY FACTS
| Total Space Available | 2,400 SF | Gross Leasable Area | 8,890 SF |
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Restaurant | Parking Ratio | 5.4/1,000 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,890 SF |
| Year Built | 2009 |
| Parking Ratio | 5.4/1,000 SF |
ABOUT THE PROPERTY
SVN Chicago Commercial is pleased to offer 5961 N. Lincoln for LEASE. Located in Chicago's densely populated Peterson Park neighborhood, the subject property is at the signalized intersection of Lincoln and Peterson, one and a half miles south of Lincolnwood Town Center. The subject building is a single-story Retail strip center shadow-anchored by Walgreens. Along with a free-standing Bank of America, other co-tenants include Potbelly and Physicians Immediate Care. The center sees over 59,000 vpd, has ample parking and signage opportunities, and has full access from Lincoln and Peterson. The subject space is an approximately 2,400 SF endcap unit fronting Lincoln and was most recently a Chipotle restaurant. Zoned B3-2. Please call advisor for additional details.
- 24 Hour Access
- Banking
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
5961 N Lincoln Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.