Location This Land will be located in the Fulton Market district in Chicago, and is properly zoned for commercial use. The meat industries and several high-end restaurants utilize the space in the neighborhood. We foresee this space becoming more residential in the near future. Restaurants such as Publican and Girl and the Goat have attracted national attention for quality and service. As a result, both are brimming with customers during lunch and dinner hours. The capacity of the restaurants is into the hundreds per day and This Land will, by default, be exposed to these individuals. The proximity of This Land to businesses that operate with the same principles will create a synergistic relationship that will be to the benefit of both. The operating hours of This Land and the surrounding restaurants will be nearly identical in order to capitalize on foot traffic and curiosity. With no other retail locations in the Fulton market district, This Land will stand out and be highly visible amongst a street with few storefronts. Fortunately, street parking is free, with no meters and over there are hundreds of spaces available—This Land needing a maximum of only 15 spots. The trading area for the business will be the city of Chicago with a population exceeding 2,500,000. With the population being extremely vast and varied, This Land will not appeal to all, nor will it try to. As a destination business, it will appeal to individuals who seek out quality in many facets of their lives.
Location Fact Sheet
City:
Chicago, Illinois
Neighborhood: Fulton Market (Meat-packing District) CrossStreets: W. Fulton Market Street & N. Peoria Street Dimensions: • • • •
850 Square Feet
Storefront: Bathroom: Storage: Office:
Store Shape:
600 Square Feet 50 Square Feet 150 Square Feet 50 Square Feet
L-Shaped with two entrances and exits
Front:
Customer/General Use
Back:
Employee/ Office Use/Deliveries
Location of Windows:
2 Large, east facing, front windows
Monthly Rent:
$1500/ $1.76 per sq. ft.
LeaseTerms:
2 Year net lease with first and last month’s security deposit