This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Retail @ Plumbers Local 1371 W Randolph St
2,121 - 13,848 SF of 4-Star Space Available in Chicago, IL 60607
Highlights
- 11,505 SF divisible retail space and a 2,343 SF outdoor terrace
- Black iron chase in place
- Three-phase 400 amps electrical panel
- Spacious floor plans with 23' high ceilings
- Abundant natural light and modern architecture
- Easy access to highways & public transportation | Located in West Loop, near dining and entertainment
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Terrace | 2,343 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $82,005 /YR $6,834 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 1 | 2,121 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $74,235 /YR $6,186 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 2 | 6,149 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $215,215 /YR $17,935 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 3 | 3,235 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $113,225 /YR $9,435 /MO | Triple Net (NNN) |
Terrace
Unique opportunity in the dynamic WEST LOOP neighborhood of Chicago. New construction property with 22' ceilings and almost 200' of frontage on Randolph Street. This 11,500+ sq.ft. space with an additional 2,400 sq.ft. terrace on the mezzanine is an ideal space for a restaurant, cafe, fitness, service retail, office, or medical. Space is equipped with a shaft for black iron venting. Located in the base of a new parking garage provides for adequate parking. Property Randolph Street is Chicago’s Restaurant Row offers over 30+ dining options along Randolph Street and is home to the city's highest concentration of award-winning restaurants. Deliver Spring/Summer of 2022.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor, Ste Unit 1
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 11,505 SF of adjacent space
1st Floor, Ste Unit 2
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 11,505 SF of adjacent space
1st Floor, Ste Unit 3
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 11,505 SF of adjacent 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 FOR 1371 W Randolph St , Chicago, IL 60607
| Total Space Available | 13,848 SF | Gross Leasable Area | 13,848 SF |
| Max. Contiguous | 11,505 SF | Year Built | 2022 |
| Property Type | Retail | Parking Ratio | 3.61/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 13,848 SF |
| Max. Contiguous | 11,505 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,848 SF |
| Year Built | 2022 |
| Parking Ratio | 3.61/1,000 SF |
About the Property
Introducing 1371 W Randolph, a premier street retail property available for lease in the West Loop neighborhood of Chicago, IL. This modern space offers customizable floor plans and versatile layouts, ideal for a range of businesses. With sleek, modern design and abundant natural light, the property creates an inviting and productive environment. Its prime location provides excellent visibility and accessibility, enhancing its appeal to both tenants and clients. This opportunity is perfect for those seeking a dynamic space in a thriving business district. Elevate your vision at 1371 W Randolph and make an impression amidst Chicago's commercial landscape.
Nearby Major Retailers
Presented by
Retail @ Plumbers Local | 1371 W Randolph St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.