Inline Retail Suite with Expansion
For Lease
$18 SF/Yr
2714 N Prospect Ave Unit 2714, Champaign, IL 61820
Vanilla box delivery allows tenants to complete the interior buildout for retail or service use.
Space Size1,450 SF
Days on Market21
Property Features for 2714 N Prospect Ave Unit 2714
General Information
Standard status
Active
Size
1,450 SF
Net Rentable
1,450 SF
Space & Availability
Available Space
1,450 SF
Space Use
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
OSF Urgo, Cricket Wireless, Star Uniforms, nail salon
Building Details
Year Built
2018
Tenancy
Multi
Listing Agency:
GUTH & ASSOCIATES,LLC
(217) 355-2545
Listed By:
Jill Guth · License #471020488
Source:
Grandviewrealtyservices
Added: Aug 9
Changed: Aug 29
Last Checked: Aug 29 at 1:26PM
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 GUTH & ASSOCIATES,LLC
Investment Insights
Based on property information with market context.
Available at 2714 N Prospect Ave Unit 2714, this 1,450-square-foot inline retail suite is part of a retail center built in 2018 with more than 10,000 square feet. The space will be delivered in vanilla box condition, with portions of the interior buildout assigned to the tenant. An adjacent suite can be added, creating a combined area exceeding 3,000 square feet.
The center occupies the southeast corner of North Prospect and Interstate Research Drive in Champaign. Existing tenants include OSF Urgo, Cricket Wireless, Star Uniforms, and a nail salon. Starbucks, Wal-Mart, and Aldi Foods are among the surrounding retail anchors, with more than 15,000 vehicles passing the intersection daily.
The center occupies the southeast corner of North Prospect and Interstate Research Drive in Champaign. Existing tenants include OSF Urgo, Cricket Wireless, Star Uniforms, and a nail salon. Starbucks, Wal-Mart, and Aldi Foods are among the surrounding retail anchors, with more than 15,000 vehicles passing the intersection daily.
Key Highlights
- 1,450 SF inline retail/service suite
- Optional combination with adjacent space creates more than 3,000 SF
- Retail center built in 2018 and totaling more than 10,000 SF
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
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
$18.13 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
10,927 SF
Avg Space Size
This space is priced 1% below the average of $18.13 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Vanilla box delivery allows tenants to complete the interior buildout for retail or service use.
Where is this retail space located?
The property is located at 2714 N Prospect Ave Unit 2714 Champaign, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,450 SF inline retail/service suite; Optional combination with adjacent space creates more than 3,000 SF; Retail center built in 2018 and totaling more than 10,000 SF
