Listing Agency: Coldwell Banker Commercial Devonshire Realty z***@cbcdr.com Show Phone

Listed By: Zach Wetherell Show Phone

Source: Moodyscre

Added: May 13, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:23AM

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Investment Insights

Based on property information with market context.

This retail space benefits from high visibility and traffic counts, along with a central location and convenient interstate access. The property features a large parking lot with 2,000 spaces. On-site maintenance is provided. The property offers a variety of unit sizes to choose from. The space is 930 square feet.

Key Highlights

• Large parking lot with 2,000 spaces
• High visibility and traffic counts
• Central location

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Pharmacy Real Estate Agency Dental Office

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

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

847

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space with high visibility, traffic, and interstate access.

Where is this shopping center located?

The property is located at 107-245 S Mattis Ave Champaign, IL.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: Large parking lot with 2,000 spaces; High visibility and traffic counts; Central location