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High-Tech Manufacturing, Office, Lab, Data
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1604 Rion Dr, Champaign, IL 61822

Sublease opportunity: 66,254 SF high-tech manufacturing, office, lab, data.

Space Size66,254 SF
Days on Market629

Property Features for 1604 Rion Dr

General Information

Standard status Active
Size 66,254 SF
Property subtype Industrial

Building Details

Building Size 66,254 SF
Year Built 2008
Tenancy Single

Spaces For Lease

at 1604 Rion Dr Contact us

Available Space

Size
66,254 SF
Type
Industrial
Availability
Active
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: AJ Thoma III, CCIM, SIOR · License #IL475.135026
Source: Crexi
Added: Dec 9, 2024 Changed: Aug 28 Last Checked: Aug 28 at 6:28PM

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 complex, available for sublease, comprises four buildings totaling 66,254 square feet suitable for high-tech manufacturing, office, lab, and data center use. Located in Northwest Champaign, right off Olympian Dr. & Mattis Ave in a commercial subdivision called Prairie Crossing, the property offers visibility from I-57 and access within 0.1 miles. The complex is near a hotel and a fuel station. The original buildings (1604 & 1606A) were completed in 2008 and further renovated in 2018 when 1606B & 1608 Rion Dr were constructed. 1604 Rion is a 10,800 SF flex building consisting of 6 condos that were being used for cleaning, maintenance, and warehousing. The east most condo (1,800 SF) is not included and is owned separately. 1606A Rion is a 14,400 SF flex building consisting of 8 condos that were being used as 2 clean rooms and part/material staging. 1606B Rion is a 17,888 SF clean room building. 1608 Rion Dr is a 2-story 24,966 SF administration (office) building. The complex features multiple overhead doors, 15 Mega Watt power with Redundancy and UPS, and 120 parking stalls. The current lease runs through 2/28/2036. It is estimated that the previous tenant put in roughly $6.8 mil in improvements into the 1606B & 1608 Rion after construction.

Key Highlights

  • High Tech manufacturing, office, lab, and data center building complex totaling 66,254 SF.
  • 15 Mega Watt power with Redundancy and UPS.**
  • Sublease available through 2/28/2036.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Locksmith Carpet & Flooring Store HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 61822, IL

25,091
Population
11,923
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
234
Density / Sq Mi
$97,044
Median Household Income
$55,385
Median Earnings
$1,265
Median Rent
$264,600
Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?
Manufacturing property - Sublease opportunity: 66,254 SF high-tech manufacturing, office, lab, data.
Where is this manufacturing property located?
The property is located at 1604 Rion Dr Champaign, IL.
What are key features of this property?
This property features: High Tech manufacturing, office, lab, and data center building complex totaling 66,254 SF.; 15 Mega Watt power with Redundancy and UPS.**; Sublease available through 2/28/2036.
(217) 403-3425 Call to check price and availability
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