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Retail Space in High-Traffic Area
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1 N Franklin St, Chicago, IL

Retail space with national co-tenancy and high traffic.

Space Size1,939 SF
Lot Size0.51 Acres
Days on Market1338

Property Features for 1 N Franklin St

General Information

Standard status Active
Size 1,939 SF
Lot size 0.51 Acres
Property subtype RETAIL

Spaces For Lease

at 1 N Franklin St
PNC Centre at One North Franklin - Retail AVAILABLE, Now
Floor 1
Size 1,939 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- The space features dominant market positioning with national co-tenancy, while a steady stream of traffic is driven by the neighboring civic opera house, willis, la quinta inn & suites and the hyatt place.
Contact us
Listing Agency: JLL - Corporate
Listed By: Peter Caruso · License #475144084
Source: Moodyscre
Added: Feb 13, 2023 Changed: Aug 8 Last Checked: Jul 30 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Corporate

Investment Insights

Based on property information with market context.

This retail space, encompassing 1939 square feet, benefits from dominant market positioning and national co-tenancy. The location experiences a steady flow of traffic, driven by the proximity of the civic opera house, Willis Tower, La Quinta Inn & Suites, and the Hyatt Place.

Key Highlights

  • Dominant market positioning.
  • National co‑tenancy.
  • Steady stream of traffic.

Property Analytics

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Open Analytics

Current Use

Wiedner & Mcauliffe Ltd: ... Law Firm Walker Wilcox Matousek ... Law Firm Harris Natalie A Law Firm Bard, Rao + Athanas ... HVAC Service La Quinta Inn ... Hotel & Motel

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

34,213
Businesses Nearby
105k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Hotels & Casinos 21% Apparel 13% Dining 7%
H Mart Groceries
57,270 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.4 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,222 visits/mo 0.4 miles
Holiday Inn & Suites Chicago-Downtown Hotels & Casinos
6,102 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with national co-tenancy and high traffic.
Where is this retail space located?
The property is located at 1 N Franklin St Chicago, IL.
What are key features of this property?
This property features: Dominant market positioning.; National co‑tenancy.; Steady stream of traffic.
(312) 228-2926 Call to check price and availability
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