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730-750 N Michigan Ave 11,200 - 22,869 SF of 4-Star Retail Space Available in Chicago, IL 60611
Highlights
- The premier property, 210,000 sf retail project in the heart of the Magnificent Mile is home to Tiffany & Co., Victoria’s Secret, Banana Republic
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 11,200 SF | 10’8” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 2nd Floor | 11,669 SF | 10’8” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 22,869 SF of adjacent space
- Finished Ceilings: 10’8”
2nd Floor
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 22,869 SF of adjacent space
- Finished Ceilings: 10’8”
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 | 22,869 SF | Gross Leasable Area | 89,664 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Cross Streets | SWC N Michigan Ave & Chicago Ave |
| Total Space Available | 22,869 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 89,664 SF |
| Year Built | 1998 |
| Cross Streets | SWC N Michigan Ave & Chicago Ave |
About the Property
North Michigan Avenue is home to Chicago's most celebrated shopping corridor. Known for its premier retail venues, world-class hotels, museums and noted art galleries, "The Magnificent Mile" extends from the Chicago River north along Michigan Avenue, and west along Oak to Rush Street. This mixed-use retail and entertainment corridor spans eight blocks, offers more than 400 shops, department stores and boutiques, and boasts over 200 savory restaurants and 50 upscale hotels. For locals and tourists alike, it remains one of the most eagerly sought and highly visited destination retail shopping districts in the country.
- Bus Line
- Signage
Nearby Major Retailers
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730-750 N Michigan Ave
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