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Retail Space with Drive-Through

1708 South Philo Road, Urbana, IL 61802

For Lease
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An existing drive-through is part of the property’s commercial configuration.

Space Size2,860 SF
Days on Market42

Property Features for 1708 South Philo Road

General Information

Standard status Active
Size 2,860 SF
Property subtype Retail

Amenities

drive-thru

Spaces For Lease

at 1708 South Philo Road
#1 Active
Size 2,860 SF
Contact us
Listing Agency: Citadel Property Advisors
Listed By: Brenton Schrader · License IL #471021025
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 4:40PM

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 Citadel Property Advisors

Rey
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Investment Insights

Based on property information with market context.

This retail property at 1708 South Philo Road in Urbana includes an existing drive-through. The surrounding area includes residential neighborhoods and off-campus student housing.

Nearby destinations include the University of Illinois, Carle Foundation Hospital, Meijer, Walmart Supercenter, Planet Fitness, Dollar Tree, and McDonald’s.

Key Highlights

  • Existing drive‑through
  • Nearby University of Illinois and Carle Foundation Hospital
  • Surrounded by established residential areas and off‑campus student housing

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burger King Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 43% Electronics 4%
McDonald's Dining
15,593 visits/mo 0.1 miles
Dollar Tree Shops & Services
8,900 visits/mo 0.3 miles
Marathon Shops & Services
6,061 visits/mo 0.1 miles
BP Shops & Services
4,309 visits/mo 0.2 miles
Family Dollar Shops & Services
3,041 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail space in Champaign County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An existing drive-through is part of the property’s commercial configuration.
Where is this retail space located?
The property is located at 1708 South Philo Road Urbana, IL.
What are key features of this property?
This property features: Existing drive‑through; Nearby University of Illinois and Carle Foundation Hospital; Surrounded by established residential areas and off‑campus student housing
(312) 458-4392 · Office Call to check price and availability
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