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Freestanding Restaurant with Drive-Thru
For Lease
Contact for pricing

1502 N Prospect Ave, Champaign, IL 61820

Freestanding restaurant for rent with drive-thru, existing FF&E, pole sign, and ample parking.

Space Size2,600 SF
Days on Market1475

Property Features for 1502 N Prospect Ave

General Information

Standard status Active
Size 2,600 SF
Property subtype RETAIL

Additional Details

Traffic Count 21,600 vehicles/day

Spaces For Lease

at 1502 N Prospect Ave Contact us

1502 N Prospect Ave

Floor
Bldg
Size
2,600 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Freestanding restaurant with drive-thru - Located at the highly trafficked intersection...
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Contact us
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #1999033116
Source: Moodyscre
Added: Sep 1, 2022 Changed: Sep 8 Last Checked: Sep 13 at 9:24AM

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 Pace Properties

Investment Insights

Based on property information with market context.

This freestanding restaurant includes a drive-thru configuration and offers existing restaurant FF&E available for an incoming operator. A pole sign is also included, along with ample parking to support customer access.

The property is positioned at a highly trafficked intersection of Prospect Avenue and Bloomington Road, with approximately 21,600 VPD on Prospect Avenue and 12,100 VPD on Bloomington Road.

As a drive-thru restaurant site with provided in-place furnishings, the space is designed to support quick operational continuity for a qualified tenant.

Key Highlights

  • Freestanding restaurant with drive‑thru
  • Located at Prospect Ave (21,600 VPD) & Bloomington Rd (12,100 VPD) intersection
  • Existing restaurant FF&E available

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Building Supply Electrical Service

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

21,600 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby

Demographics for 61820, IL

40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Drive through restaurant - Freestanding restaurant for rent with drive-thru, existing FF&E, pole sign, and ample parking.
Where is this drive through restaurant located?
The property is located at 1502 N Prospect Ave Champaign, IL.
What are key features of this property?
This property features: Freestanding restaurant with drive‑thru; Located at Prospect Ave (21,600 VPD) & Bloomington Rd (12,100 VPD) intersection; Existing restaurant FF&E available
(314) 785-7613 Call to check price and availability
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