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Shopping Center with Glass-Front Retail Suites
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1720 Philo Rd, Urbana, IL 61802

Contemporary shopping center with glass-front suites facing Philo Road and ample parking for convenient customer access.

Property Size1,943 SF
Days on Market529

Property Features for 1720 Philo Rd

General Information

Standard status Active
Size 1,943 SF
Net Rentable 2,055 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 2,055 SF
Contiguous Space 2,055 SF
Space Use Showroom

Amenities

glass frontage
façade signage
15 ft ceilings
ample parking
finished flooring
back office
private restroom

Building Details

Year Built 2009
Construction brick
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Nick Ragle · License #IL 475.201147
Source: Moodyscre
Added: Feb 18, 2025 Changed: Jul 30 Last Checked: Jul 31 at 8:35AM

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.

Contemporary shopping center constructed in 2009 with a red brick façade and 15 ft ceilings. The center offers ample parking and multiple retail suites with glass frontage, all facing Philo Road for visibility. Suites also have the opportunity for façade signage.

Available space includes Suite A, a 2,055 sq ft suite featuring a large, open showroom with finished flooring, a back office, and a private restroom.

The remaining suites range from 1,647 sq ft to 2,055 sq ft, providing flexible options for retail operators looking for storefront-focused frontage on Philo Road in Urbana, Illinois.

Key Highlights

  • Constructed in 2009 with a red brick façade and 15 ft ceilings
  • Glass‑front retail suites facing Philo Road for strong storefront visibility
  • Ample parking available for convenient customer access

Property Analytics

Current Use

Flamingo Slots Hotel & Motel Exotic's Smoke Shop (Bike/Boat/Book/etc) Store Beyond Hair Salon Hair Salon BLING NAILS & SPA Nail Salon Many Shades 1 ... Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Building Supply

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use

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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Similar Off Market Nearby

  • Sunnycrest Center — 1717 Philo Rd #16, Urbana, IL 61802
  • Southgate Shopping — 2010 Philo Rd, Urbana, IL 61802
  • Southgate Plaza — 2012 Philo Rd, Urbana, IL 61802
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 566 W Lincoln Ave, Charleston, IL 61920

Frequently Asked Questions

What type of property is this?
Shopping center - Contemporary shopping center with glass-front suites facing Philo Road and ample parking for convenient customer access.
Where is this shopping center located?
The property is located at 1720 Philo Rd Urbana, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Constructed in 2009 with a red brick façade and 15 ft ceilings; Glass‑front retail suites facing Philo Road for strong storefront visibility; Ample parking available for convenient customer access
(217) 403-3379 Call to check price and availability
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