1 A 7,660 sf flagship retail space for lease at 940 North Michigan Avenue, Chicago, Illinois
7,660 SF flagship retail space FOR LEASE North Michigan Avenue is one of the most prestigious retail streets in the world and is often compared to New York s Fifth Avenue, San Francisco s Union Square, London s Bond Street, Beverly Hills Rodeo Drive, Paris Champs Elysees and Tokyo s Ginza. Home to Chicago s most famous shopping experience and popular tourist destination, North Michigan Avenue s eight blocks contain retail, world-class hotels, regional malls and restaurants. Known as The Magnificent Mile, this mixed-use retail and entertainment corridor extends from the Chicago River north to Oak Street. 940 North Michigan Avenue lies on the northern portion of the Magnificent Mile, along the eastern edge of the Gold Coast. This proximity provides further consumer exposure as the area attracts the world of elite fashion, decadent dining and nightlife. The high luxury presence in The Gold Coast has created a reputation implicitly associated with haute couture. 940 north michigan avenue The combination of upscale boutiques, world-class hotels, universally known brands and large department stores creates the unique synergy of the North Michigan Avenue shopping district. Anchoring the corner of Michigan Avenue and Walton Street and sharing the intersection with the following Chicago Flagships: 2
Artist s conceptual conceptual rendering rendering 4 5
H ±1 9' G TA ON FR E ground 7,660 SF ±61' WALTON STREET FRONTAGE total 11,728 SF NORTH SC A L E : 1 /1 6 "= 1 '- 0 " 0 5' 10' 20' f l oo r 940 North Michigan Avenue Ground Floor plans 7,660 Square Feet April 2013 Mezzanine 4,068 SF OPEN TO GROUND FLOOR 20 8 CEILING HEIGHT 6 NORTH SC A L E : 1 /1 6 "= 1 '- 0 " 0 5' 10' 7 20' ±61.5' MICHIGAN AVENUE FRONTAGE ±128" (10'-8") CEILING HEIGHT TO UNDERSIDE OF SLAB
Carmine's Dublin Bar & Grill Morton s Steakhouse Chase Pizano's Union Bank STATE ST Big Shoulders Coffe Mister J's Subway Friends Sushi Byline Bank Whispers Coffee Gibson s Potash Market Hugo s Frog Bar Le Pain Quotidien Oak Bank Tempo Cafe Tavern on Rush Luxbar Joe & The Juice Tails In the City Original Pancake House Nico Osteria Thompson Hotel Ted Baker COS Shinola Christofle Jellyfish Piazza The Frye Sempione Company Talbott Hotel Salon Buzz Cafe des Architectes Prada La Perla RUSH ST Intermix Sofitel Bistronomic WABASH AVE Buccellati Christian Louboutin Del Frisco s Wolford Jil Sander Tesla Argo Tea Trulucks Kate Spade PNC Perillo Lamborghini Bentley Esquire Theatre Carolina Herrera Dolce & Gabanna Sandro maje BELLEVUE PL OAK ST Citi Barneys Hermés Giorgio Tory Harry Razney Tod s MF Opticians New York Armani Burch Winston Vera Jewlers Moncler Colletti Escada Spiaggia Wang Fred s Bonpoint Galleries Paul Pratesi suitsupply Pomellato Bravco George Stewart Marshall Madewell Oliver Peoples Green IKE Behar Graff Pierce Exhale Barbour Trabert Vineyard Vines Brunello Cucinelli Sprinkles Athleta & Hoffer Spa Hendrickx Le Colonial Patagonia Burdi Icebreaker Belgian Bakery Versace Swiss Fine Walgreens BHLDN Lululemon Dior All Saints Eskandar Timing Doc B s Keycafe Tom Ford Fig & Olive Aritzia Marc Jacobs Kate Spade Waldorf Bloomingdale's Astoria YSL St. Croix Shops at 900 J. Crew The Little Beet Lyfe Kitchen Contessa Bottega Loyola University McDonald's AT&T Rag & Bone Athletico Chickfil-A Epic Burger UPS Spex Jimmy John's Flaco's Tacos Forever Yogurt Pippin's Tavern Downtown Dogs Streeter's Tavern Lululemon Bonobos Four Seasons Hotel Chicago Ultimate Bride Vince Jimmy Choo Geneva Seal N. Michigan Equinox Whitehall Hotel Ghirardelli Bottega Veneta Marlowe Rebecca Minkoff Escatcione Ditka's Restaurant Archidiocese of Chicago Argo Tea Park Hyatt Nomi Pane Caldo St. John Canda Goose Gucci Mont Blanc Michael Kors Verizon Wireless Top Shop Lake Shore Condos Northern Trust MaxMara H&M Uniqlo Columbia Water Tower MICHIGAN AVE Chanel(moving to Oak St) Van Cleef & Arpels Georg Jensen Louis Vuitton David Yurman Bvlgari Anne Fontaine Omega Watch Chase Best Buy The Drake Benihana Hanig's Footwear The North Face Cheesecake Factory American Girl Adidas Build-A-Bear Banana Republic Coach Free People Henri Bendel Forever 21 Macy's E LAKE SHORE DR WALTON PL Westin DELAWARE ST CHESTNUT ST PEARSON ST CHICAGO AVE John Hancock The Title Observation The Signature Room Water Tower Place Ritz-Carlton notable co-tenants michigan avenue Chanel Van Cleef & Arpels Burberry Louis Vuitton Tiffany & Co. Cartier H&M American Girl Nike Town Apple Bloomingdale s Neiman Marcus Nordstrom Saks Fifth Avenue Tumi Stuart Weitzman The Disney Store Armani Bottega Veneta Ghirardelli Café Banana Republic Gap Levi s Cole Haan Ferragamo Under Armour Zara Brooks Brothers Columbia Sportswear Georg Jensen AT&T Top Shop Michael Kors Gucci Mont Blanc Bvlgari Dylan's Candy Bar Sephora Ulta Ralph Lauren Uniqlo The Lego Store Pandora and David Yurman shopping centers Water tower place Macy s American Girl Sephora Swarovski Victoria s Secret Akira Ann Taylor Aritzia Banana Republic bebe Free People Henri Bendel Coach Forever 21 900 Shops Bloomingdale s Gucci J. Crew Kate Spade New York lululemon MaxMara Michael Kors Montblanc Sur La Table St. Croix Equinox Bonobos the Shops at north Bridge Nordstrom Kiehl s Hugo Boss Eataly Forever 21 Alex & Ani Armani Exchange White House Black Market Tommy Bahama Room and Board Swatch Stuart Weitzman MAC the high street 8 9
North Michigan Avenue has exceptionally high traffic levels resulting in the street level retail maintaining a sub 4% vacancy rate since 1991. WITHIN HALF-MILE RADIUS OF ADDRESS Square Feet of Occupied Office Space 8,740,667 Average Household Income $132,000+ Number of Daytime Employees 70,000+ Residents 34,000+ Living, working, hospitality & shopping statistics Number of Hotels 35 (9,559 rooms) ON NORTH MICHIGAN AVENUE Annual Retail Sales $1.9 Billion Average Daily Pedestrians 40,000 Square feet of retail space* 3.3 Million Magnificent Mile statistics Average daily vehicles 42,000 Annual Visitors to the avenue 30 Million Number of Flagship & Boutique Stores on NMA 460 Office Buildlings on NMA 144 *including the three malls on the avenue 10 11
For more leasing information, please contact: Chicago TODD L. SIEGEL Senior Vice President todd.siegel@cbre.com T. 312.861.7834 PHIL GOLDING Vice President phillip.golding@cbre.com T. 312.338.2045 KIMBERLY WISKUP Associate kimberly.wiskup@cbre.com T. 312.935.1943 The information contained in this report was supplied by sources deemed to be reliable, or when information was not available, represents CBRE s estimates. No warranty or representation, express or implied, is made by CBRE, its officers, directors, shareholders or agents as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, changes of terms or other conditions. Copyright 2018 CBRE. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976, as amended, no part of this report may be reproduced or distributed in any form or by any means, or sored in a database or retrieval system, without the prior written permission of the copyright owner. 12