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Vienna Beef Plaza 2501 N Damen Ave
2,000 - 68,029 SF of 4-Star Retail Space Available in Chicago, IL 60647
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste A | 2,000-25,478 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste B | 38,097 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste C | 4,454 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste A
Join the newly signed lease with Binny’s and the future Vienna Beef restaurant/ museum. ±4,500 SF corner and ±63,000 SF (divisible) available along Damen Avenue with 40’ column spacing and 24’–26’ clear heights. 241 surface parking spaces. Two double-sided pylon signs, at the corner of the intersection and at the main entrance to the property fronting Elston Avenue. Landlord delivery estimated to be late summer/early fall 2023
- Highly Desirable End Cap Space
1st Floor, Ste B
Join the newly signed lease with Binny’s and the future Vienna Beef restaurant/ museum. ±4,500 SF corner and ±63,000 SF (divisible) available along Damen Avenue with 40’ column spacing and 24’–26’ clear heights. 241 surface parking spaces. Two double-sided pylon signs, at the corner of the intersection and at the main entrance to the property fronting Elston Avenue. Landlord delivery estimated to be late summer/early fall 2023
- Highly Desirable End Cap Space
1st Floor, Ste C
Join the newly signed lease with Binny’s and the future Vienna Beef restaurant/ museum. ±4,500 SF corner and ±63,000 SF (divisible) available along Damen Avenue with 40’ column spacing and 24’–26’ clear heights. 241 surface parking spaces. Two double-sided pylon signs, at the corner of the intersection and at the main entrance to the property fronting Elston Avenue. Landlord delivery estimated to be late summer/early fall 2023
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 2501 N Damen Ave , Chicago, IL 60647
Min. Divisible | 2,000 SF | Gross Leasable Area | 150,000 SF |
Property Type | Retail | Year Built | 2024 |
Property Subtype | Retail | Parking Ratio | 1.61/1,000 SF |
Min. Divisible | 2,000 SF |
Property Type | Retail |
Property Subtype | Retail |
Gross Leasable Area | 150,000 SF |
Year Built | 2024 |
Parking Ratio | 1.61/1,000 SF |
About the Property
Introducing Vienna Beef Plaza — an approximately 100,000 SF (divisible) retail redevelopment with up to 68,000 SF remaining in the epicenter of Chicago’s top-performing mid/big-box market serving the Bucktown/ Wicker Park, Lincoln Park, and Lakeview trade areas. The property sits at a signalized intersection anchoring the northeast quadrant of Damen, Elston, and Fullerton Avenues serving a combined 59,000 vehicles per day. Ease of accessibility via full access interchange at I-90/94 Kennedy Expressway Fullerton Exit.
Nearby Major Retailers
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Vienna Beef Plaza | 2501 N Damen Ave
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