retail leasing by
TRANSCRIPT
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CONTENTS
NEIGHBORHOOD
Evanston 04
Location 06
Access 08
NEIGHBORS
Co-Tenants 10
Area Retail Map 12
Dining Destination 14
Offi ces 16
Northwestern University 17
Residents 18
Demographics 19
SPACE
Overview 20
Site Plan 22
About McCaffery Brokerage 23
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Evanston serves as the bridge between the metropolis of Chicago just 12 miles south and the quaint villages of the affl uent northern suburbs.
Home to Northwestern University as well as several business headquarters, the historic but forward-thinking township is the cultural and commercial center of
Chicago’s North Shore.
Uniquely Urban and Suburban
EVANSTON
“ The mix of urban sophistication and suburban relaxation, along with social and economic diversity found in downtown Evanston make it a Top 10 Best Downtown.”
Livability.com
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Located at the corner of Church Street and Maple Avenue, surrounded by residential, retail and offi ce space, Church Street Plaza is a three-building complex with 179,000 square feet of retail space.
Ample parking, pedestrian walkways,
bike-friendly roads, and direct access to
Chicago’s CTA and Metra commuter rail
lines make Church Street Plaza an ideal location to capture traffi c day or night.
The Heart of Downtown Evanston
CHURCH STREET
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CHURCH STREET
CLARK STREET
LOCATION
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ACCESS
BY TRAIN
Davis CTA Station
Purple Line 4,100 average riders per day
Davis Metra Union Pacifi c Station
2,070 average riders per day
BY BIKE
Evanston boasts a series of bike routes and protected bike lanes that make cycling an enjoyable and safe way to get around.
BY BUS Seven CTA and Pace bus routes serve Church Street Plaza, bringing visitors from Chicago and the North Shore.
BY FOOT
Walkscore.com gives Church Street Plaza a 94 out of 100, calling it a “Walker’s Paradise”
BY CAR
Three-way signalized entrance at Church Street and Maple Avenue
Three-way signalized entrance at Clark Street and Maple Avenue with direct access into 1,400 stall city-owned garage
Vehicles Per Day
Church Street 9,852 vehicles per dayEmerson Street 9,852 vehicles per dayGreen Bay Road 21,458 vehicles per daySheridan Road 23,079 vehicles per dayRidge Avenue 21,028 vehicles per day
Central
Noyes
Emerson
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ChurchChurch
Davis
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Lake
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Dodge
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Maple
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Oak
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Chicago
Dempster
Main
LakeMichigan
1 MILE
3.8 MILES WEST
250BUS
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METRA DAVIS STATION
2,070 riders/day
CTA DAVIS STATION
4,100 riders/day
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CHURCH STREET
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DAVIS STREET
CHURCH STREET
CLARK STREET
DAVIS STREET
CLARK STREET
Mumbai Indian Grill
Saville Flowers
Vera’s HairSalon
Pono Ono
Golden Olympic Restaurant
Sal
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Acc
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Sav
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Am
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Unicorn Café
Steven Papageorge Salon
Will
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Image Gallery IIArt of Health
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178 Keys
269 Keys
8,800 VPD
425,802 SFTOTAL SUBMARKET
GROSS LEASING AREA
42,580 SFTOTAL SUBMARKET
VACANCY
90%TOTAL SUBMARKET
OCCUPANCY
AREA RETAIL
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With the Northwestern University population and the North Shore’s affl uent residents seeking out the latest in cuisine and culture, Evanston has evolved into a hot spot for entrepreneurial restaurateurs, brewers and distillers to cater to this diverse—and hungry—crowd.
The North Shore’s Dining Destination
DINING
JOHN LINTON Hearth
Contemporary American
SHIN THOMPSON Furious Spoon, Fire Fin
Poké, Deadbolt Nouveau Asian
ERIC MANSAVAGE Farmhouse
Midwestern Farm-To-Table Craft Tavern
SANDY CHEN Koi
Fine Asian Cuisine
GIDE MERRIMAN Bistro Bordeaux
Traditional French Bistro
ALPANA SINGH Terra & VineItalian Mediterranean
©Cusp Magazine
AMY MORTON & NICOLE PEDERSON Found Kitchen and
Social House Haute-But-Homey Farm-To-Table
©Galdones Photography
©Peckish Pig
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Evanston is the commercial center of Chicago’s North Shore where local and national businesses employ thousands of area residents and commuters each day.
The downtown Evanston area alone
has more than 10,000 employees
within walking distance of Church
Street Plaza.
Our newest neighbor, located just one block west, is the newly relocated corporate headquarters of Accuity, a nearly $200 million business. With approximately 200 employees, it is predicted that “Accuity employees
would spend about a $1 million yearly
at Evanston businesses.”1
Daytime Population is on the Rise
OFFICES
Notable Neighbor:
Northwestern University
STUDENTS
• Largest employer in Evanston
• More than 20,000 students and
10,000+ faculty
• 60% of students live off-campus3
• #12 national university4
• Cost of undergraduate attendance is nearly $70,000 per year5
1 Economic Impact Report, Bay Area Economics, 2006. 2 “Putting on a Happy Face,” North by Northwestern, Sam Niiro, December 3, 2014. 3 Collegedata.com 4 US News & World Report5 Northwestern.edu
1 “International company considers move from Skokie to Evanston,” The Chicago Tribune, Bob Seidenberg, May 29, 2015.
“ The slew of students, faculty, visiting scholars, families and assorted other travelers that NU brings to the area spend huge sums in the area, too.”2
$127-$155million
ANNUAL EXPENDITURESIN EVANSTON
by Northwestern University faculty,
staff, students and campus visitors.1
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DEMOGRAPHICS
.5 mile 1 mile 2 miles
Population 14,742 35,306 85,285
Household 6,316 13,741 34,451
Median age (years) 29.1 29.6 35.2
Bachelor’s degree or higher 77.7% 69.8% 65.8%
Average Household Income $94,427 $103,379 $113,936
Median Home Value $416,008 $438,844 $387,755
Owner-occupied 31.7% 36.6% 47.6%
Renter-occupied 59.0% 55.1% 45.1%
EXPENDITURES
Food away from home $26.5MM $61.2MM $163MM
Food at home $37.8MM 88.2MM $237MM
Entertainment & Recreation $22.4MM $53.4MM $148MM
Apparel & Services $16.9MM $39.8MM $108MM
ETHNICITY
White 67.9% 63.3% 61.7%
Black 5.4% 12.9% 17.8%
Asian 22.0% 16.3% 11.4%
Other 1.2% 3.5% 4.6%
Two or more 3.4% 4.1% 4.5%
Hispanic origin (any race) 6.2% 9.6% 10.9%
Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017.
In addition to being a great place to work, visit and shop, many call Evanston home. And with residential development booming, soon many more will too.
• 3,000 housing units within walking distance, with another 800 planned
• 500+ residential condominiums in fi ve block radius
• Over 800 new units planned in next 12 months
• 205 condo units on site
Living in Downtown Evanston
RESIDENTS
According to fi nancial news site 24/7 Wall St. Evanston was ranked the fi fth of ‘America’s
50 Best Cities to Live.’
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THE SPACE
3,503SF
Terra & Vine8,276SF World Market
18,257SF
BlickArt Materials
9,733SF
Chili’s[available 3/1/18]
5,987SF
4,846SF
8,433SF
Furious Spoon2,046SF
Northwestern Medicine(& 2nd Level)
17,359SF
Uncle Dan’s6,292SF
UrbanOutfitters(& 2nd Level)
14,041SF
Peeled1,000SF
Pure Barre1,845SF
1,119SF
CycleBar
2,020SF
1,134SF
HealthMart
1,282SF
CentruryTheatresCinéArts
(& 2nd Level)
Noodles & Co.2,625SF
1701 1715 1725 1735 1741 1755 1765
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Site Plan
McCaffery Brokerage team members are experts in commercial and retail leasing strategy development and execution. We leverage well-established relationships with best-in-class national brands and cutting-edge entrepreneurs to curate the ideal tenant mix for the asset and the community which it serves.
McCaffery Brokerage is a division of McCaffery Interests, a privately owned, full-service commercial real estate fi rm with offi ces in Chicago, Washington, D.C. and Pittsburgh.
Maple Ave
CTA - Purple Line
METRA - Union Pacifi c
North Line
Ch
urc
h S
t
For more information, visit:
McCafferyInterests.com
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Andrew Macafee | [email protected] | 312-784-2844
Allan Perales | [email protected] | 312-784-2758
CHURCH STREET & MAPLE AVENUE
EVANSTON, IL 60201
LEASING INQUIRIES:
CHURCHSTREETPLAZA.COM
©2017 McCaffery Brokerage, LLC. All rights reserved.