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Debbie Sharpe's The Goddess & Grocer Signs Lease For 2000 Square Feet In Chicago

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LEASED

Illinois

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Retail2,000 SF
Leased 11/21/2024
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Property Image
LEASED

Debbie Sharpe's The Goddess & Grocer Signs Lease For 2000 Square Feet In Chicago

845 North State Street

See Similar Deals
Retail2,000 SF
Leased 11/21/2024
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,000 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 845 North State Street in Chicago. This space encompasses 2,000 square feet and will serve as the new location for The Goddess & Grocer, which is expanding its operations.

Summary of transaction details:

The new café location is anticipated to open in mid-January and will include an expanded menu featuring artisan coffee, bakery items, and savory grab-and-go options. It will also provide seating for 30 and include a full kitchen equipped with a wood-fired oven.

Players

Amy Sider
2 deals$1.5M volume(847) 722-6225
BROKER

Sharon Kahan
Odyssey Retail Advisors
2 deals$1.5M volume(312) 953-2994
BROKER

Details

LEASED
IMAGE: Debbie Sharpe, Amy Sider, Kristen Martin & Sharon Kahan DATE: 11/21/2024 ADDRESS: 845 North State Street MARKET: Chicago ASSET TYPE: Retail ~ SF: 2,000 LANDLORD: Newcastle Investors (@NewcastleInvestors) TENANT: Debbie Sharpe (@Debra.Sharpe) - The Goddess & Grocer (@GoddessGrocer) LANDLORD'S REP: Kristen Martin - Newcastle Investors TENANT'S REP: Amy Sider & Sharon Kahan (@SharbearKahan) - Odyssey Retail Advisors (@OdysseyRetailAdvisors) NOTE: The Goddess & Grocer is relocating its Gold Coast cafe to a larger 2,000-square-foot space at 845 N. State St., set to open in mid-January. The new location will feature an expanded menu with artisan coffee, bakery items, and savory grab-and-go options, plus seating for 30 and a full kitchen with a wood-fired oven.

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Deal Type
Effective Rent (Annual)

$114,638.79

Total Lease Value

$1,146,387.93

Net Landlord Cash Flow$114,638.79