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312 W Kirby Ave Champaign, IL 61820

For Sale
$3,371,000

NNN leased investment property with corporate guarantee and income.

Property size:
15,486 SF
Lot size:
1.34 Acres

Property Features for 312 W Kirby Ave

General Information

Size
15,486 SF
Lot size
1.34 Acres

Source: SRS Real Estate Partners | Salt Lake City 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

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2477504
Latitude
40.0986922

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.
More about this property
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