201 W. Madison
1,100 Car Self Park Facility with retail
Chicago, IL
Major Tenants: Walgreens, Office Max, Enterprise Car Rental
201 West Madison Self Park Garage is located at the southwest corner of Madison and Wells Streets in the heart of the downtown Chicago business district that contains in excess of 120 million square feet of office space. More specifically, there are over 9.7 million square feet of office space within a one-block radius of the Property and over 27 million square feet of office space within a two-block radius of the Property. This prime Chicago “Loop” asset, completed in 1997, consists of a ten-level, poured-in-place, post-tensioned reinforced concrete structure containing 1108 self-park spaces on nine levels and approximately 19,000 rentable square feet of prime retail space on the ground level. Approximately 40% of the parking spaces are leased to monthly parkers including 21 spaces leased to and occupied by Enterprise Car Rental (S&P BBB+). The retail space is leased to four tenants including Walgreen’s (S&P: A+), Office Max (S&P: B+), and Dunkin Donuts.
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