Flagship Opportunity on Magnificent
For Lease
Contact for pricing
555 N Michigan Ave, Chicago, IL
Single tenant retail space available on Magnificent Mile in Chicago.
Space Size1,500 SF - 3,000 SF
Lot Size0.31 Acres
Days on Market1355
Property Features for 555 N Michigan Ave
General Information
Standard status
Active
Size
1,500 SF - 3,000 SF
Lot size
0.31 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Magnificent Mile
Spaces For Lease
at 555 N Michigan Ave Contact us555 N Michigan Ave AVAILABLE, Now
Floor
1
Size
3,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- One of a kind single tenant flagship opportunity on the mag mile
- Available January 2023 adjacent to New Aritzia Global flagship (Opening 2023)
- Entire building, windows & facade available for branding
- Dramatic 2-story open entrance
- Existing luxury retail build out and Mezzanine for additional sales floor or private client experience
- Fully built out lower level for storage, back of house, offices and employee break room
- Floors 3 thru 5 can remain fallow or be activated and utilized per new tenant’s discretion.
Contact us 555 N Michigan Ave AVAILABLE, Now
Floor
Lower
Size
3,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- One of a kind single tenant flagship opportunity on the mag mile
- Available January 2023 adjacent to New Aritzia Global flagship (Opening 2023)
- Entire building, windows & facade available for branding
- Dramatic 2-story open entrance
- Existing luxury retail build out and Mezzanine for additional sales floor or private client experience
- Fully built out lower level for storage, back of house, offices and employee break room
- Floors 3 thru 5 can remain fallow or be activated and utilized per new tenant’s discretion.
Contact us 555 N Michigan Ave AVAILABLE, Now
Floor
Mezzanine
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- One of a kind single tenant flagship opportunity on the mag mile
- Available January 2023 adjacent to New Aritzia Global flagship (Opening 2023)
- Entire building, windows & facade available for branding
- Dramatic 2-story open entrance
- Existing luxury retail build out and Mezzanine for additional sales floor or private client experience
- Fully built out lower level for storage, back of house, offices and employee break room
- Floors 3 thru 5 can remain fallow or be activated and utilized per new tenant’s discretion.
Contact us
Listing Agency:
CBRE | Chicago
(312) 935-1400
Listed By:
Luke Molloy
(312) 935-1905
Source:
Moodyscre
Added: Feb 8, 2023
Changed: Oct 6
Last Checked: Oct 24 at 2:09PM
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 CBRE | Chicago
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-tenant retail opportunity is located on North Michigan Avenue. Available starting January 2023, the space is adjacent to the new Aritzia Global flagship store, scheduled to open in 2023. The entire building, including windows and facade, is available for branding purposes. The property features a dramatic two-story open entrance and an existing luxury retail build-out. A mezzanine level provides additional space for sales or private client experiences. The fully built-out lower level includes storage, back-of-house areas, offices, and an employee break room. Floors 3 through 5 can remain unused or be activated and utilized at the tenant's discretion. The property offers approximately 3,000 square feet of retail space.
Key Highlights
- Prime location on the Magnificent Mile.
- Branding opportunity with entire building, windows, and facade available.
- Adjacent to the new Aritzia Global flagship store (opening 2023).
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
30,068
Businesses Nearby
613k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Apparel 22%
Hotels & Casinos 19%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.1 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.4 miles
Fogo de Chao
Dining
28,749 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
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Single tenant retail space available on Magnificent Mile in Chicago.
Where is this retail space located?
The property is located at 555 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Prime location on the Magnificent Mile.; Branding opportunity with entire building, windows, and facade available.; Adjacent to the new Aritzia Global flagship store (opening 2023).
