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400 Theater Building 6738 N Sheridan Rd 1,100 - 12,825 SF of Space Available in Chicago, IL 60626
HIGHLIGHTS
- Heavy daytime traffic
- private patio
- Next to Loyola University
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,100 SF | Negotiable | $87.94 CAD/SF/YR $7.33 CAD/SF/MO $96,737 CAD/YR $8,061 CAD/MO | Modified Gross | ||
| 1st Floor | 8,125 SF | Negotiable | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $306,230 CAD/YR $25,519 CAD/MO | Modified Gross | ||
| 1st Floor | 1,100 SF | Negotiable | $76.78 CAD/SF/YR $6.40 CAD/SF/MO $84,453 CAD/YR $7,038 CAD/MO | Modified Gross | ||
| 1st Floor | 1,100 SF | Negotiable | $69.80 CAD/SF/YR $5.82 CAD/SF/MO $76,776 CAD/YR $6,398 CAD/MO | Modified Gross | ||
| 2nd Floor | 1,400 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $50,811 CAD/YR $4,234 CAD/MO | Modified Gross |
1st Floor
The 400 Theater Building offers unique retail sites in an iconic terra cotta trimmed building at the signaled intersection of Sheridan and Columbia. Directly across from Loyola University in Rogers Park with proximity to CTA train stations and bus stops, the property includes a fully operational movie theater, which potential to be re-purposed for live events, indoor sports, or other creative uses. Also available are three storefronts at 1,100 SF each plus a second floor 1,400 SF fully built out office space. The retail spaces include access to a large private patio. Tenants benefit from huge exposure from the marquee and pylon signage highly visible to 22,500+ VPD on Sheridan Road. Zoned B3-2. LOCATION • Rogers Park directly across from the Loyola University campus with 18,000+ students and faculty • Two blocks from the CTA Loyola Station (5,000 passengers/day; 1.8 Million passengers/year) and close to Sheridan, Broadway, and Devon CTA Bus Stops • Adjacent tenants: Roger’s Wing, Great Wall, Arepa Pa Los Pana • Area tenants: Target, CVS, Dunkin’ Donuts, Raising Cane’s, Taco Bell, 7-Eleven, Starbucks, bobNgrill, Giordano’s, Hampton Inn Hotel, Khmai Cambodian Fine Dining, Chase Bank
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Drop Ceilings
- Basement
- Across from Loyola University, private patio
1st Floor
The 400 Theater Building offers unique retail sites in an iconic terra cotta trimmed building at the signaled intersection of Sheridan and Columbia. Directly across from Loyola University in Rogers Park with proximity to CTA train stations and bus stops, the property includes a fully operational movie theater, which potential to be re-purposed for live events, indoor sports, or other creative uses. Also available are three storefronts at 1,100 SF each plus a second floor 1,400 SF fully built out office space. The retail spaces include access to a large private patio. Tenants benefit from huge exposure from the marquee and pylon signage highly visible to 22,500+ VPD on Sheridan Road. Zoned B3-2. LOCATION • Rogers Park directly across from the Loyola University campus with 18,000+ students and faculty • Two blocks from the CTA Loyola Station (5,000 passengers/day; 1.8 Million passengers/year) and close to Sheridan, Broadway, and Devon CTA Bus Stops • Adjacent tenants: Roger’s Wing, Great Wall, Arepa Pa Los Pana • Area tenants: Target, CVS, Dunkin’ Donuts, Raising Cane’s, Taco Bell, 7-Eleven, Starbucks, bobNgrill, Giordano’s, Hampton Inn Hotel, Khmai Cambodian Fine Dining, Chase Bank
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Air and Heating
1st Floor
Current tenant is Bank of America.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Bank
- Space is in Excellent Condition
1st Floor
Current tenant is Rice Thai Cafe on a M2M Lease. Black iron available.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
2nd Floor
Corner office space with lots of natural light and kitchenette.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 2 Private Offices
- Natural Light
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 400 THEATER BUILDING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Thai Rice
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Thai Rice | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 12,825 SF | Gross Leasable Area | 20,000 SF |
| Property Type | Retail | Year Built | 1906 |
| Property Subtype | Movie Theatre |
| Total Space Available | 12,825 SF |
| Property Type | Retail |
| Property Subtype | Movie Theatre |
| Gross Leasable Area | 20,000 SF |
| Year Built | 1906 |
ABOUT THE PROPERTY
PROPERTY OVERVIEW The 400 Theater Building offers unique mixed-use sites in an iconic terra cotta trimmed building at the signaled intersection of Sheridan and Columbia. The site is directly across from Loyola University in the heart of the bustling Sheridan Road commercial corridor in Rogers Park. The property features a fully operational movie theater, most recently operated as the New 400 Theater, that can be re-opened as a cinema or is primed to be re-purposed with alternative uses, such as live theater, creative uses, sports, office, retail and more. Adjacent first floor retail spaces are 1,100 SF each, one with an active restaurant with black iron, and all can be combined. The second floor features a corner office space and a 2-bedroom apartment. The building features a rarely found large, private patio for use by tenants. Tenants benefit from huge exposure from the marquee and pylon signage highly visible to 22,500+ VPD on Sheridan Road. FOR LEASE Available for lease are the movie theater space, three storefronts at 1,100 SF each plus a second floor 1,400 SF fully built out office space. Leasable spaces can be combined. The theater and retail spaces include use of the large private patio. Tenants benefit from huge exposure from the marquee and pylon signage highly visible to 22,500+ VPD on Sheridan Road. Zoned B3-2. FOR SALE OPPORTUNITY The 400 Theater Building property is a 50’ x 150’ corner lot featuring a 16,370 RBA terra cotta trimmed brick building. Active tenants include Rice Thai Café, Bank of America. • Zoning: B3-2 • Lot Size: 50’ x 150’ (0.34 AC) • Asking Price: Please inquire
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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400 Theater Building | 6738 N Sheridan Rd
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