SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 LEASE BROCHURE
COAST RETAILATLAKESHOREEAST345 EAST WACKER DRIVECHICAGO, IL 60601
Wayne CaplanSenior Vice [email protected]
Deena ZimmermanVice [email protected]
OFFERING SUMMARY
Available SF: 2,500 - 17,535 SF
Lease Rate: $35.00 SF/yr (NNN)
Building Size: 17,535 SF
Market: Chicago
Submarket: Downtown - Lakeshore
East
PROPERTY OVERVIEWApproximately 17,535 square feet of retail on the ground floor of Coast, ahigh-end, 515 unit, 46 story luxury residential development located in thehighly desirable Lakeshore East neighborhood of downtown Chicago. 15 ft highceilings with window exposure facing Wacker Drive. Spaces are perfect for anamenity tenant to service the over 700 residents of the building as well as thesurrounding 19,000 + other residents in the area such as a gym, daycare,restaurant, cafe etc. Adjacent to new GEMS World Academy School Campusboasting over 2100 students + staff & faculty as well as the 94 floor Vista/Wanda tower which will house 406 condos, 192 hotel rooms & a 346 carparking garage. Immediate area retail tenants include Mariano's, The PalmRestaurant, Brownbag Seafood, Eggy's Diner, CVS Pharmacy just to mention afew. Nearby hotels include the Radisson, Hyatt Regency and the Swissotel.Restaurant capable space. Huge daytime population of nearly 200,000 people.Divisible to approx. 2500 SF.
LOCATION OVERVIEWLakeshore East is a $4 billion, 28 acre mixed-use community which has beenmastered planned with high end-luxury residential apartments and condos,retail and green space. It is centrally located downtown within walkingdistance to key destinations such as the Chicago Riverwalk, Lake Michigan,Maggie Daley Park, Navy Pier, Michigan Avenue and both Millennium and GrantPark. The community boasts some of the highest demographics in Chicagowith additional high rises in the near term.
Property Summary
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 2All SVN® offices are independently owned and operated.
LEASE HIGHLIGHTS
• Approximately 17, 735 SF of retail space at Coast in Chicago's
Lakeshore East neighborhood
• Ground floor of 515 luxury residential apartments
• Adjacent to 94 floor Wanda/Vista Tower with 406 condos,
192 hotel rooms & 346 car parking garage
• Adjacent to new Gems World Academy School campus with
over 2100 students + faculty & staff
• Perfect for any retail, restaurant or service tenant use
• On-site parking garage
• Huge daytime population of over 197,000 people
• Incredible area demographics with average annual income
over $140k & average home values over $600k
• Immediate area tenants include, Mariano's, Brownbag
Seafood, CVS Pharmacy, The Palm Restaurant.
Property Highlights
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 3All SVN® offices are independently owned and operated.
Coast Retail at LakeshoreEast
Regional Map
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 4All SVN® offices are independently owned and operated.
Location Maps
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 5All SVN® offices are independently owned and operated.
Aerial Highlight Map
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 6All SVN® offices are independently owned and operated.
Area/Retailer Aerial
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 7All SVN® offices are independently owned and operated.
Overall Retail Site Plan
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 8All SVN® offices are independently owned and operated.
FLOOR PLANNote: Portion of space shown in blue is leased through May 20201
Floor Plan
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 9All SVN® offices are independently owned and operated.
View of Coast adjacent to Vista Tower, GEMS Academy, Suissotel View north of Chicago River and Lakeshore Drive
Additional Photos
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 10All SVN® offices are independently owned and operated.
POPULATION 0.5 MILES 1 MILE 1.5 MILES
Total population 10,094 37,728 78,786
Median age 39.1 42.7 39.1
Median age (male) 36.7 41.7 39.0
Median age (Female) 40.8 42.7 38.9
HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES
Total households 6,343 24,470 49,977
# of persons per HH 1.6 1.5 1.6
Average HH income $141,431 $152,398 $134,760
Average house value $602,502 $587,246 $524,551
* Demographic data derived from 2010 US Census
Demographics Map
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 11All SVN® offices are independently owned and operated.
0.5 MILES 1 MILE 1.5 MILES
Total population 10,094 37,728 78,786
Median age 39.1 42.7 39.1
Median age (male) 36.7 41.7 39.0
Median age (female) 40.8 42.7 38.9
0.5 MILES 1 MILE 1.5 MILES
Total households 6,343 24,470 49,977
Total persons per HH 1.6 1.5 1.6
Average HH income $141,431 $152,398 $134,760
Average house value $602,502 $587,246 $524,551
* Demographic data derived from 2010 US Census
Demographics Report
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 12All SVN® offices are independently owned and operated.
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 $1
Billion 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 1
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 13All SVN® offices are independently owned and operated.
940 West Adams Street, Suite 200Chicago, IL 60607T [email protected]
PROFESSIONAL BACKGROUND
Deena Zimmerman is an award-winning broker who has worked in the real estate
industry since 2004. Serving as a vice president in the SVN Chicago office, Deena’s
focus is on tenant representation, specializing in finding high quality sites
throughout Chicagoland and surrounding areas for national operators, franchisees,
and first-time entrepreneurs. Deena also specializes in the sale and leasing of retail,
investment and development properties.
Deena brings a consistent, positive, upbeat attitude with an honest and
straightforward approach to each and every assignment. Her skills in negotiating
and her attention to detail have proven to be invaluable to all parties in a
transaction. With extensive experience representing both landlords and tenants,
she understands what it takes to get the transaction completed. Deena’s
commitment to her clients is unmatched, and she believes relationship building is
key to her success, and that of her clients as well.
Deena has built an extensive network of contacts through her involvement in
several local and national organizations. She was the 2017 Commercial Liaison for
the National Association of Realtors and 2017 Chair of the Chicago Association of
Realtors Commercial Forum. Deena is a member of the International Council of
Shopping Centers, WIRL (Women in Retail Leasing) and CCIM. In 2012, 2013, 2015
and 2017, she was honored by Chicago Agent Magazine as one of 50 Chicago
Powerhouses in their annual “Who’s Who” issue and has been the only female
commercial agent chosen. She has been honored two years in a row with the SVN
Chicago Commercial Centurion Club Award for her achievements in sales/leasing.
EDUCATION
Deena is a graduate of the 2014 class of the National Association of Realtors
Leadership Academy and she earned a Bachelor’s degree in Psychology from The
University of Minnesota in 1997. She spends her spare time participating in races to
raise funds and awareness for Pancreatic Cancer research.
MEMBERSHIPS & AFFILIATIONS
Ely Chapter- Lambda Alpha International
Concordia Place-Board member
ICSC-Member
Women’s Council of Realtors-Chicago President 2010-2011, 2012 Member of the Year
Mentor-Goldie Wolfe Miller Women Leaders In Real Estate Initiative 2011-present
NAR-Commercial Liaison, Director, Finance Committee member NAR-Reserves
Investment Advisory Board, 2014, Vice Chair
NAR Leadership Academy 2014 graduate NAR Commercial Committee
CAR-Director, Commercial Forum Chair
DEENA ZIMMERMAN
Vice President
Advisor Bio & Contact 2
COAST RETAIL AT LAKESHORE EAST | 345 EAST WACKER DRIVE , CHICAGO, IL 60601 SVN | Chicago Commercial | Page 14All SVN® offices are independently owned and operated.