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600 North Michigan Ave 600 N Michigan Ave 1,165 - 57,468 SF of 5-Star Retail Space Available in Chicago, IL 60611
HIGHLIGHTS
- 20 million visitors annually
- Over 460 retail locations
- Over 100,000 residents with an average household income of $190,000
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,165 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 5,413-12,102 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 10,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 21,301 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor | 12,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rare 1,165 SF to 45K+ SF flagship spaces with Michigan Avenue frontage ranging from 30’ - 120’ linear feet.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor
Rare 1,165 SF to 45K+ SF flagship spaces with Michigan Avenue frontage ranging from 30’ - 120’ linear feet.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Divisible Space
1st Floor
Rare 1,165 SF to 45K+ SF flagship spaces with Michigan Avenue frontage ranging from 30’ - 120’ linear feet.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
2nd Floor
21,301 SF former 2nd level restaurant space with ground level entry on Ontario Street. Michigan Avenue frontage and corner flagship branding opportunity.
3rd Floor
Rare 1,165 SF to 45K+ SF flagship spaces with Michigan Avenue frontage ranging from 30’ - 120’ linear feet.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap 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.
PROPERTY FACTS
| Total Space Available | 57,468 SF | Property Subtype | Storefront |
| Min. Divisible | 1,165 SF | Gross Leasable Area | 344,374 SF |
| Property Type | Retail | Year Built | 1996 |
| Total Space Available | 57,468 SF |
| Min. Divisible | 1,165 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 344,374 SF |
| Year Built | 1996 |
ABOUT THE PROPERTY
Rare 1,165 SF to 30K SF corner flagship opportunities available with North Michigan Avenue frontage 21,301 SF 2nd level restaurant space with ground level entry on Ontario 13,333 SF-38,836 SF 3rd level availability Flexible demising options Over 40,000 pedestrians per day 30 million visitors to The Magnificent Mile $3.8 billion in annual sales in the district Daytime population exceeding 315,000 within one mile
- Restaurant
- Signage
- Enclosed Mall
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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600 North Michigan Ave | 600 N Michigan Ave
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