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 Connie s Pizza Chase Pizano s Go Roma STATE ST Le Pain Quotidien Potash Market Tempo Cafe Tavern on Rush Original Pancake Luxbar House Gibson s Thompson Hotel Esquire Theatre Nico Osteria Ted Baker David Jellyfish Yurman Buccellati Scoop Hugo s Piazza Christian Louboutin The Frye Sempione Frog Bar Del Frisco s Dolce & Company Calypso Y-3 Gabanna Jil Kate Tom Oak Bank Prada MAC Sander Spade Ford Citi Barneys Hermés Emporio Tory Harry Luxury New York Armani Burch Winston Baby & Vera Moncler Jack Wang Escada Child Fred s Bonpoint Spade Alexis Lester Suitsupply Pomellato Bravco George Bittar Lampert Madewell Oliver Peoples Green Jimmy Exhale Barbour Choo Spa Marmot Brunello Cucinelli Sprinkles Burton Le Colonial Patagonia Burdi Icebreaker Brioni American Walgreens BHLDN Lululemon Urban Outfitters Apparel Eskandar Little Market Brasserie More Cupcakes Cafe des Architectes Marc Jacobs Talbott Hotel Salon Buzz RUSH ST Intermix Sofitel Capital One 360 Cafe Diesel WABASH AVE Ugg Original Sidney Garber Penguin Jewlery Argo Tea McCormick & Schmick s National City Bank Carolina Herrera Fig & Olive Sandro maje BELLEVUE PL Furla OAK ST Graff Pratesi Bloomingdale s Four Seasons Hotel Chicago Hendrickx Belgian Bakery Paul Stuart Geneva Seal Lanvin Vince Zadig & Voltaire Lewitt Tod s Equinox Whitehall Hotel Doc B s Waldorf Astoria Adidas Shops at 900 YSL N. Michigan Bentley Gold Coast Bebe BCBG Trabert Maxazria & Hoffer Ghirardelli Hershey s Bottega Veneta Armani Lake Shore Condos Optica Gucci Mont Blanc Michael Kors Verizon Wireless H&M Columbia Uniqlo Top Shop Spiaggia Marshall Pierce MaxMara MICHIGAN AVE Chanel Van Cleef & Arpels Georg Jensen Louis Vuitton Cop. Copine St. John J. Mendel Bvlgari Anne Fontaine Omega Watch The North Face Best Buy Cheesecake Factory American Girl Macy s Banana Republic Coach Eileen Fisher CUSP Free People American Girl Henri Bendel E LAKE SHORE DR WALTON PL DELAWARE ST CHESTNUT ST PEARSON ST John Hancock Water Tower Place 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 La Perla Stuart Weitzman The Disney Store Armani Bottega Veneta Ghirardelli Café The Hershey Store Crate & Barrel Banana Republic Gap Levi s Garmin Cole Haan Ferragamo Zara Brooks Brothers Columbia Sportswear Georg Jensen Alice + Olivia St. John Top Shop Michael Kors Gucci Mont Blanc Bvlgari shopping centers Water Tower Place Macy s American Girl Lacoste CUSP Sephora Swarovski Victoria s Secret Akira Ann Taylor Aritzia Banana Republic bebe Free People Henri Bendel Bare Minerals Coach 900 Shops Bloomingdale s Club Monaco Diesel Gucci J. Crew Kate Spade New York Caché lululemon MaxMara Michael Kors Montblanc Sur La Table St. Croix Ugg Australia The Shops at North Bridge Nordstrom Kiehl s Hugo Boss Eataly Forever 21 Armani Exchange White House Black Market Tommy Bahama Room and Board Swatch Marlowe CHICAGO AVE 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 $110,000+ 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 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 2014 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