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871 North Rush Street
LEASED

Rivian Opens First Chicago Showroom At 871 N. Rush Street For Test Drives & EV Reservations

871 North Rush Street

Retail
5,160 SF
clock iconLeased 304 days ago
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Summary

Lease
ILLINOIS
Retail
5,160 sqft

Rivian, an electric vehicle manufacturer, is set to open its first Chicago showroom at 871 North Rush Street in September. The property, located in the retail market of Chicago, offers a total square footage of 5,160. The asking rent for this space is $45 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Address: 871 North Rush Street, Chicago
  • Tenant: Rivian - Robert J. Scaringe
  • Asking Rent: $45 per square foot
  • Square Footage: 5,160

Rivian's decision to open a showroom in Chicago highlights its commitment to expanding its operations and reaching a wider customer base in the city. The showroom will allow customers to test drive and reserve their electric vehicles. Rivian, led by its CEO Robert J. Scaringe, aims to produce 50,000 EVs this year as it ramps up production.

Details

Deal Summary
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LEASED
IMAGE: Robert J. Scaringe DATE: 07/20/2023 ADDRESS: 871 North Rush Street MARKET: Chicago ASSET TYPE: Retail TENANT: Rivian - Robert J. Scaringe (@RJScaringe) ASKING RENT: $45/ft. ~ SF: 5,160 NOTE: Rivian will open its first Chicago showroom at 871 N. Rush Street in September, allowing customers to test drive and reserve electric vehicles. The company aims to produce 50,000 EVs this year as production gains traction.

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Address871 North Rush Street

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