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Spacious Retail Sublease Opportunity
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105-107 W Green St, Champaign, IL

Large retail space available for sublease in Champaign, Illinois.

Space Size12,163 SF
Lot Size2.26 Acres
Days on Market652

Property Features for 105-107 W Green St

General Information

Standard status Active
Size 12,163 SF
Lot size 2.26 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 105-107 W Green St Contact us

107 W Green St $20/SF/Yr

Floor
1
Size
12,163 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- The retail space will be a direct sublease with CVS. It is a total of 12,163 SF...
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: AJ Thoma III
Source: Moodyscre
Added: Dec 2, 2024 Changed: Sep 4 Last Checked: Sep 14 at 8:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This retail space, available as a direct sublease with CVS, offers 12,163 square feet of open retail area on the first floor. The space features 14-foot clear height to the drop ceiling and 16-foot clearance to the bottom of the steel I-beams. A partial basement, measuring 95 feet by 60 feet with 8-foot ceilings, provides additional storage space and includes a conveyor system that runs from the main level. Older restrooms are located in the basement; there are currently no restrooms on the main level. The lease is gross, and CVS prefers a tenant to take the space in "as is" condition and make all necessary improvements.

Key Highlights

  • Direct sublease with CVS.
  • Large open retail space: 12,163 SF on the first floor.
  • High ceilings:** 14' clear height to drop ceiling, 16' to steel I‑beams.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,091
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Groceries 41% Shops & Services 6%
County Market Groceries
21,552 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
18,300 visits/mo 0.3 miles
Potbelly Sandwich Shop Dining
6,041 visits/mo 0.3 miles
AutoZone Shops & Services
3,134 visits/mo 0.5 miles
Papa John's Pizza Dining
2,333 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Champaign, IL

$15.71 /SF/Yr
Avg Asking Price
$7–$23 /SF/Yr
Price Range
7,200 SF
Avg Space Size

This space is priced 27% above the average of $15.71 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail space available for sublease in Champaign, Illinois.
Where is this retail space located?
The property is located at 105-107 W Green St Champaign, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Direct sublease with CVS.; Large open retail space: **12,163 SF on the first floor.**; High ceilings:** 14' clear height to drop ceiling, 16' to steel I‑beams.
(217) 520-3299 Call to check price and availability
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