312 W Kirby Ave Champaign, IL 61820
NNN leased investment property with corporate guarantee and income.
Property size:
15,486 SFLot size:
1.34 AcresProperty Features for 312 W Kirby Ave
General Information
- Size
- 15,486 SF
- Lot size
- 1.34 Acres
Source:
Moodyscre
Listing Agent: Jack Cornell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Champaign, IL NNN Investment Property
This is a fee simple interest (land & building ownership) opportunity to acquire a NNN leased, corporate guaranteed, investment grade, CSL Plasma investment property located in Champaign, IL. The tenant, CSL Plasma, Inc., has over 10 years of firm term remaining with 2 (5-year) option periods left to extend. The lease features 10% rental increases every 5 years throughout the initial term and FMV rental increases at the beginning of each option. The lease is guaranteed by the corporate entity (S&P: A-) and is NNN with limited landlord responsibilities. The offering also includes an on-site billboard, providing an additional source of income for the property. CSL Plasma, a division of CSL Behring, is a leader in plasma collection with over 270 centers across 30 countries. The property is a retail space, individual retail property, NNN property, and specialty property. The property size is 15486 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
CSL Plasma
Blood Donation Center
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2477504
- Latitude
- 40.0986922
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FAQs
What type of property is this?
Retail space - NNN leased investment property with corporate guarantee and income.
Where is this retail space located?
The property is located at 312 W Kirby Ave Champaign, IL.
What is the asking price?
The asking price for this property is $3,371,000.
What are key features of this property?
This property features: - Corporate guaranteed lease (S&P: A-) with over 10 years of firm term remaining, providing a secure, long-term investment.; - NNN lease structure with limited landlord responsibilities, offering a passive, low-management investment opportunity.; - Benefit from 10% rental increases every 5 years throughout the initial term, hedging against inflation and growing NOI.