Building Details

Tenancy Multi

Spaces For Lease

at 1706 S State St

1706 S State St $20/SF/Yr

Floor 1

Size 1,620 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

- Ownership will divide the building into 1,600 – 1,800 SF suites (See Scheme B) that would include a new façade, storefronts and fresh exterior finishes. These spaces would be delivered as a vanilla box with plumbing roughed in for a restroom, 200 amp electrical, new storefront, HVAC sized for standard office/retail use and demising wall taped, mudded, and ready for paint. Offering these spaces for $20.00 PSF NNN.

Contact us

Listing Agency: Coldwell Banker Commercial Devonshire Realty Show Phone

Listed By: Richard Harrington Show Phone

Source: Moodyscre

Added: Jan 21 Changed: Oct 8 Last Checked: Oct 14 at 11:47PM

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Investment Insights

Based on property information with market context.

Planned retail suites at 1706 S State St will be delivered in a vanilla-box condition, with ownership completing a refreshed exterior, new storefronts, and demising walls finished for tenant painting. Suite sizes are planned at approximately 1,600–1,800 square feet.

Each space is designed for standard office or retail use and includes HVAC, 200-amp electrical service, and plumbing rough-ins for a restroom. The building is located in Champaign, Illinois, at 1706 S State St.

Key Highlights

• Planned suite sizes of 1,600–1,800 SF
• New façade, storefronts, and exterior finishes planned
• Vanilla‑box delivery with demising wall taped, mudded, and ready for paint

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service Hair Salon

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,048

Businesses Nearby

99k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 93% Shops & Services 6% Electronics 1%

McDonald's Dining

45,180 visits/mo 0.1 miles

Taco Bell Dining

17,563 visits/mo 0.2 miles

Starbucks Dining

10,657 visits/mo 0.4 miles

Meatheads Dining

5,136 visits/mo 0.3 miles

Smoothie King Dining

4,022 visits/mo 0.4 miles

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

Market

Lease Benchmarks for Champaign, IL

$18.8 /SF/Yr

Avg Asking Price

$17–$23 /SF/Yr

Price Range

9,306 SF

Avg Space Size

This space is priced 6% above the average of $18.8 /SF/Yr.

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?

Retail space - Vanilla-box delivery includes HVAC, restroom plumbing rough-in, and 200-amp electrical service.

Where is this retail space located?

The property is located at 1706 S State St Champaign, IL.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Planned suite sizes of 1,600–1,800 SF; New façade, storefronts, and exterior finishes planned; Vanilla‑box delivery with demising wall taped, mudded, and ready for paint