WICKER PARK FITNESS SPACE FOR SUBLEASE...SVN | CHICAGO COMMERCIAL |940 WEST ADAMS STREET, SUITE 200,...

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 LEASE BROCHURE

WICKER PARKFITNESS SPACEFOR SUBLEASE1452 N. MILWAUKEE AVE.CHICAGO, IL 60622

Jacob StromSenior [email protected]

Wayne CaplanSenior Vice [email protected]

OFFERING SUMMARY

Available SF: 2,340 SF

Lease Rate: $28.50 PSF (NNN)

Building Size: 2,340 SF

Zoning: B3-2

Market: Chicago

Submarket: Bucktown / Wicker Park

Exceptional location in Chicago's Wicker Park neighborhood. +/- 2,340 square feet available for sublease located onMilwaukee Ave in the heart of the area's thriving retail corridor. Second generation fitness space that is ready to goincludes bathrooms, HVAC & electrical distribution, lighting, flooring, etc. Great area co-tenancy with many national andregional retail and restaurant tenants within the immediate area, including Walgreens, Starbucks, Big Star, La Colombe,Steve Madden, & Bongo Room to name a few. Close to Damen Blue Line CTA 'el' stop. There is approx. 3 years left on thecurrent lease with potential for additional lease term beyond that. Available immediately.

PROPERTY OVERVIEW

The intersection of Milwaukee/Damen/North Ave's in Chicago's Bucktown neighborhood is one of the two or three mostsought after neighborhoods in Chicago for retailers and restauranteurs alike. Incredible density, vehicular and pedestriantraffic counts. Steps to Blue Line Damen el stop and within seconds of just about every national, regional and local shop.Highlights of immediate area tenants include Goddess and Grocer, Starbucks, Big Star, Le Colombe, David's Tea,Walgreens, and dozens of others. High income immediate area demographics of over $120,000/yr with average areahome prices approaching $675,000.

LOCATION OVERVIEW

Property Summary

WICKER PARK FITNESS SPACE FOR SUBLEASE | 1452 N. MILWAUKEE AVE. CHICAGO, IL 60622 SVN | Chicago Commercial |


LEASE HIGHLIGHTS

• +/- 2340 SF for sublease in Wicker Park

• Prime Milwaukee Ave location

• Second generation gym/fitness studio

• Fully built out space including bathrooms, HVAC, lighting, flooring, etc

• Approx. 3 years left on existing lease term w/ possibility for additional term

• Available immediately

Property Highlights


Location Maps


Area Retailer Map


LEASE RATE: - TOTAL SPACE: 2,340 SF

LEASE TYPE: NNN LEASE TERM: -

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE TERM COMMENTS

1452 N. Milwaukee Ave, Chicago, IL 60622 Retail Condo $28.50 SF/yr NNN 2,340 SF Negotiable

Available Spaces


Floor Plan


Exterior Photos


Interior Photos


POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total population 19,454 66,412 130,629

Median age 31.2 30.9 31.0

Median age (male) 32.5 31.5 31.5

Median age (Female) 30.0 30.4 30.7

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total households 9,158 31,034 58,288

# of persons per HH 2.1 2.1 2.2

Average HH income $111,633 $101,081 $96,637

Average house value $633,165 $593,657 $551,734

* Demographic data derived from 2010 US Census

Demographics Map


0.5 MILES 1 MILE 1.5 MILES

Total population 19,454 66,412 130,629

Median age 31.2 30.9 31.0

Median age (male) 32.5 31.5 31.5

Median age (female) 30.0 30.4 30.7

Total households 9,158 31,034 58,288

Total persons per HH 2.1 2.1 2.2

Average HH income $111,633 $101,081 $96,637

Average house value $633,165 $593,657 $551,734

* Demographic data derived from 2010 US Census

Demographics Report

940 West Adams Street, Suite 200Chicago, IL 60607T 312.676.1869C [email protected]

PROFESSIONAL BACKGROUND

Jake Strom serves as a senior advisor at SVN | Chicago Commercial specializing in retail leasing. Jake has experience inall aspects of retail commercial brokerage including: leasing, sales, tenant representation, landlord representation,marketing, and site selection.

His primary focus is retail tenant representation, where he has over a decade of experience working with nationalretailers, both corporate and franchise, expanding throughout the state of Illinois. He currently works as the exclusiveagent for Great Clips, in the Chicago DMA, along with Wingstop, The Cash Store, and others.

When he is not scouring the Chicago area for real estate, his passion is helping others and volunteering. He currentlysits on the Board of Directors for KEEN Chicago (www.keenchicago.org) where he has volunteered since 2009. He alsovolunteers regularly with the Chicago Help Initiative and the Revive Center for Housing and Healing. In addition to beinga real estate broker, Jake works hard to be an overall broker of good.

Jake is a graduate of the University of Iowa and an active member of the International Council of Shopping Centers.

JACOB STROM

Senior Advisor


Advisor Bio & Contact 1

940 West Adams Street, Suite 200Chicago, IL 60607T [email protected]

PROFESSIONAL BACKGROUND

Wayne Caplan is a Senior Vice President for SVN | Chicago Commercial, specializing in the sale and leasing of retail, investment and development properties. He has participated in

commercial property transactions in excess of $500 million including many high profile transactions in the Chicago area. Wayne recently achieved SVN's prestigious Partner's Circle

status for both 2014 & 2016, and was ranked number 23 & 26 respectively, among all SVN advisors nationally in gross commission volume. He also was awarded both a Platinium

and Gold Commercial Real Estate Award from the Chicago Association of Realtors for excellence in sales and leasing volume for 2014 and a Platinum award in 2016 for retail sales

volume.

Wayne’s clients range from small individual investors to large regional and national lending institutions, as well as REITs, life insurance companies, and national mixed-use

developers. Additional Awards and Recognitions include being named Rookie of the Year for Inland Real Estate Sales in 2000, a top producer at Sheldon Good & Company for six

years, and being among the top ten percent nationally of all 1800+ SVN advisors in gross commission volume for the past nine years. Active in advocacy for the commercial real

estate industry, Wayne has served as the Council Chair of Political and Regulatory Affairs for SVN. Wayne is a longtime member of the International Council of Shopping Centers

(ICSC). He also served for many years on the Chicago Association of Realtors (CAR) “Commercial Forum” committee, of which he was the 2006 Committee Chair and has served on

the prestigious Board of Directors of the 11,000+ member organization from 2008 - 2013. Wayne has also served on the Commercial Committee for the Illinois Association of

Realtors (IAR) and has served as a member of the National Association of Realtors (NAR) board of directors and on both it’s Commercial and Commercial Legislative & Regulatory

Committees. Wayne currently serves on the ICSC Government Relations Committee for Illinois. He is also active in several Chicago neighborhood groups, and serves on the Board of

Directors for The Near South Planning Board in Chicago, and Beth Hillel Congregation Bnai Emunah in Wilmette. Wayne is a contributor to charities such as the American Red Cross,

The Jewish United Fund and Streetwise. Wayne lives in Glenview, IL with his wife and two sons.

Specialties: Investment Sales, Landlord Representation, Land and Development Consulting

EDUCATION

2003 - MBA - Finance & Real Estate - Northwestern University, Kellogg Graduate School of Management

1988 - BA - Computer Science - New York University

MEMBERSHIPS & AFFILIATIONS

2000 - Present - Member - International Council of Shopping Centers (ICSC)

2002 - Present - Member - National Association of Realtors (NAR)

2002 - Present - Member - Illinois Association of Realtors (IAR)

2002 - Present - Member - Chicago Association of Realtors (CAR)

1986 - Present - Member - Psi Upsilon Fraternity - Delta Chapter - New York University

Member - Beth Hillel Congregation Bnai Emunah - Wilmette, IL

Member - Board of Directors - The Near South Planning Board, Chicago, IL

WAYNE CAPLAN

Senior Vice President


Advisor Bio & Contact 2

WICKER PARK FITNESS SPACE FOR SUBLEASE...SVN | CHICAGO COMMERCIAL |940 WEST ADAMS STREET, SUITE 200,...

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