Retail Space in Champaign,
For Lease
$18 SF/Yr
2714 N Prospect Ave Unit 2714, Champaign, IL 61820
Retail space available in a recently built retail center.
Space SizeContact for details
Days on Market169
Property Features for 2714 N Prospect Ave Unit 2714
General Information
Standard status
Active
Building Details
Year Built
2018
Listing Agency:
GUTH & ASSOCIATES,LLC
Listed By:
Jill Guth · License #471020488
(217) 355-2545
Source:
Grandviewrealtyservices
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 9 at 10:29PM
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.
Located at 2714 N Prospect, at the southeast corner of North Prospect and Interstate Research Drive, this property offers 1,450 square feet of retail or service space. The recently constructed retail center spans over 10,000 square feet and includes tenants such as OSF Urgo, Cricket Wireless, Star Uniforms, and a nail salon. Shadow-anchored by Starbucks, Wal-Mart, and Aldi Foods, the property is conveniently situated among regional and national retailers. The inline space will be delivered in vanilla box condition, with some build-out work to be completed by the tenant. The property benefits from high visibility, with traffic counts at the intersection exceeding 15,000 cars daily. There is an option to expand the suite to include the adjacent unit at 2712 N Prospect Ave, which is also available for lease, creating a larger contiguous space exceeding 3,000 square feet.
Key Highlights
- High‑visibility location at the intersection of N Prospect and Interstate Research Drive with traffic exceeding 15,000 cars daily.
- Located in a recently built retail center (built in 2018) with existing tenants including OSF Urgo, Cricket Wireless, Star Uniforms and a nail salon.
- Shadow‑anchored by Starbucks, Wal‑Mart, and Aldi Foods, surrounded by regional and national retailers.
Property Analytics
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Current Use
Lease Details
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
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Market
Lease Benchmarks for Champaign, IL
$15.71 /SF/Yr
Avg Asking Price
$7–$23 /SF/Yr
Price Range
7,200 SF
Avg Space Size
This space is priced 15% above the average of $15.71 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in a recently built retail center.
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: High‑visibility location at the intersection of N Prospect and Interstate Research Drive with traffic exceeding 15,000 cars daily.; Located in a recently built retail center (built in 2018) with existing tenants including OSF Urgo, Cricket Wireless, Star Uniforms and a nail salon.; Shadow‑anchored by Starbucks, Wal‑Mart, and Aldi Foods, surrounded by regional and national retailers.
