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Open-Plan Retail Space
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1110 Philo Rd, Urbana, IL 61802

Single-tenant retail space with an open floor plan, back storage, restrooms, and an office.

Property Size9,180 SF
Lot Size1.17 Acres
Days on Market528

Property Features for 1110 Philo Rd

General Information

Standard status Active
Size 9,180 SF
Lot size 1.17 Acres
Property subtype RETAIL
Lease Type SF/yr

Building Details

Tenancy Single
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell
Source: Moodyscre
Added: Feb 17, 2025 Changed: Jul 29 Last Checked: Jul 29 at 6:56PM

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 single-tenant retail space offers an open retail floor plan designed for flexible customer layout. The property includes restrooms and an office, plus 720 SF of back storage area to support day-to-day operations.

The building does not currently have an overhead door, though one could be installed. Interior ceiling height is 11'6" to the drop ceiling, with clear height of 12'6" and height to deck of 15'4". The property sits on 1.17 acres and totals 9,180 SF.

Located at 1110 Philo Rd in Urbana, Illinois, the space is configured to support retail use with practical in-building storage, restroom facilities, and office space for staff or management needs.

Key Highlights

  • Open retail floor plan for flexible layout
  • 9,180 SF total space on 1.17 acres
  • 720 SF back storage area included

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Building Supply Skin Care Clinic

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 46% Electronics 5%
McDonald's Dining
15,593 visits/mo 0.3 miles
Dollar Tree Shops & Services
8,900 visits/mo 0.1 miles
Marathon Shops & Services
6,061 visits/mo 0.4 miles
BP Shops & Services
4,309 visits/mo 0.2 miles
Papa John's Pizza Dining
2,200 visits/mo 0.4 miles

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Single-tenant retail space with an open floor plan, back storage, restrooms, and an office.
Where is this retail space located?
The property is located at 1110 Philo Rd Urbana, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Open retail floor plan for flexible layout; 9,180 SF total space on 1.17 acres; 720 SF back storage area included
(217) 821-8553 Call to check price and availability
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