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Climate-Controlled Warehouse with Office Space
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1401 Parkland Ct, Champaign, IL 61821

7,616 SF flex space with warehouse and office components.

Space Size7,616 SF
Days on Market172

Property Features for 1401 Parkland Ct

General Information

Standard status Active
Size 7,616 SF
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 1401 Parkland Ct
1401 Parkland Ct $10/SF/Yr
Floor 1
Size 7,616 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The space consists of a total of 7,616 SF with 6,230 SF being warehouse and 1,386 SF of office space. The warehouse has 12’6″ ceiling clear height. The warehouse space does not currently have an overhead door but the landlord is willing to install a 10’x10′ overhead door. The warehouse also has a small paint booth that a tenant has access to using or the landlord can have it removed. The warehouse space if fully climate controlled. Currently the office space is one big open room but the landlord is willing to build-out offices in that area per tenant request. The space has common area restrooms and kitchenette which are shared with the landlord of the building. The entire building is sprinkled with a hydraulic system. The building does have fiber internet. Utilities (electric/gas) will be separately metered through a submeter, and water will be billed back through the NNN expenses. The building has 800 amp/208 volt power which the tenant will have approximately 400 amp/208 volt service for their space. The landlord owns the vacant lot to the east of the building and is willing to offer lay-down space/outside storage for an additional fee depending on how much space is needed. The NNN expenses for 2026 are estimated at $2.50/SF.
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell
Source: Moodyscre
Added: Apr 24 Changed: Oct 4 Last Checked: Oct 11 at 7:04AM

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 7,616 square foot flex space includes 6,230 square feet of warehouse area and 1,386 square feet of office space. The warehouse features a 12'6" ceiling clear height and is fully climate controlled. While there is currently no overhead door, the landlord is willing to install a 10'x10' overhead door. A small paint booth is available for tenant use, or the landlord can remove it. The office space is currently one large open room, but the landlord is willing to build out offices per tenant request. Common area restrooms and a kitchenette are shared with the landlord. The entire building is equipped with a hydraulic sprinkler system and fiber internet. Utilities, including electric and gas, will be separately metered through a submeter, and water will be billed back through the NNN expenses, which are estimated at $2.50 per square foot for 2026. The building has 800 amp/208 volt power, and the tenant will have approximately 400 amp/208 volt service for their space. The landlord owns the vacant lot to the east of the building and is willing to offer lay-down space or outside storage for an additional fee, depending on the amount of space needed.

Key Highlights

  • Climate‑controlled warehouse space (6,230 SF) with 12'6" ceiling clear height.
  • Landlord willing to install a 10'x10' overhead door in the warehouse.
  • Landlord willing to build out office space (1,386 SF) per tenant request.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Restaurant Pharmacy Bakery Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61821, IL

29,057
Population
13,751
Households
2.1
Avg Household Size
36
Median Age
50%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
3,774
Density / Sq Mi
$69,284
Median Household Income
$40,225
Median Earnings
$1,001
Median Rent
$174,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Champaign, IL

$13.13 /SF/Yr
Avg Asking Price
$8.75–$19 /SF/Yr
Price Range
10,943 SF
Avg Space Size

This space is priced 24% below the average of $13.13 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Tomato Express Ltd — 313 N Mattis Ave, Champaign, IL 61821
  • Creative Catering of Champaign — champaign, il 61826

Frequently Asked Questions

What type of property is this?
Flex space - 7,616 SF flex space with warehouse and office components.
Where is this flex space located?
The property is located at 1401 Parkland Ct Champaign, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Climate‑controlled warehouse space (6,230 SF) with **12'6" ceiling clear height**.; Landlord willing to install a **10'x10' overhead door** in the warehouse.; Landlord willing to build out office space (1,386 SF) per tenant request.
(217) 821-8553 Call to check price and availability
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