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Retail Center Anchored By Corporate Walgreens 7100-7128 S Yates Blvd 2,423 - 5,547 SF of Retail Space Available in Chicago, IL 60649
HIGHLIGHTS
- Highly visible neighborhood retail center at the signalized intersection of 71st Street & Yates Blvd
- Surrounded by national and regional retailers including Family Dollar, Chase, Subway, Domino’s, DTLR, Local Market Foods, and Rainbow Shops
- Ideal for neighborhood-serving retail, food, medical, and service users
- Strong exposure with traffic counts exceeding 26,000 vehicles per day at the intersection
- Minutes from The University of Chicago, the Obama Presidential Center, Jackson Park, South Shore Cultural Center, and the Museum of Science & Industry
- Dense South Shore trade area with 45,636 residents within 1 mile, 214,663 within 3 miles, and 433,216 within 5 miles
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,423-5,547 SF | Negotiable | $34.28 CAD/SF/YR $2.86 CAD/SF/MO $190,179 CAD/YR $15,848 CAD/MO | Triple Net (NNN) |
7100-7128 S Yates Blvd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- Corner Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Smoke Detector
- Wheelchair Accessible
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 RETAIL CENTER ANCHORED BY CORPORATE WALGREENS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hoagy House
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hoagy House | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,547 SF | Center Properties | 1 |
| Min. Divisible | 2,423 SF | Gross Leasable Area | 11,097 SF |
| Center Type | Strip Center | Total Land Area | 0.59 AC |
| Parking | 17 Spaces | Year Built | 1992 |
| Stores | 8 |
| Total Space Available | 5,547 SF |
| Min. Divisible | 2,423 SF |
| Center Type | Strip Center |
| Parking | 17 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Gross Leasable Area | 11,097 SF |
| Total Land Area | 0.59 AC |
| Year Built | 1992 |
ABOUT THE PROPERTY
7112 S. Yates Blvd is a highly visible community retail center featuring a complementary mix of value-oriented retail, restaurant, and service tenants. Positioned along a well-traveled commercial corridor near the lakefront, the center benefits from steady traffic counts and strong neighborhood-serving demand. The property is surrounded by multiple apartment communities and established residential neighborhoods within the South Shore area, providing a built-in customer base and long-term stability. The shopping center is strategically located at the signalized intersection of 71st Street and Yates Boulevard, offering excellent frontage, accessibility, and exposure. The center is anchored by a daily-needs retailer that serves as a consistent traffic generator, supporting frequent customer visits and cross-shopping opportunities for in-line tenants. The property is minutes from major institutional and recreational drivers including The University of Chicago, the Obama Presidential Center, Jackson Park, the South Shore Cultural Center, and the Museum of Science & Industry. Nearby national and regional retailers include Family Dollar, Chase, Subway, Domino’s, DTLR, Local Market Foods, and Rainbow Shops, further reinforcing the area’s retail draw. The combination of strong visibility, dense residential demographics, institutional demand drivers, and a proven neighborhood retail location makes 7112 S. Yates Blvd an ideal opportunity for retailers seeking sustained performance in a high-demand South Shore submarket. This large, single-story shopping center is located at the major intersection of 71st Street and Yates Blvd, which provides significant exposure.
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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Retail Center Anchored By Corporate Walgreens | 7100-7128 S Yates Blvd
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