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Endcap Retail Suite with Drive-Thru
For Lease
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408-414 W Town Center Blvd, Champaign, IL 61822

Divisible retail space is available as a vanilla-box delivery, including an endcap with potential drive-thru.

Space Size2,230 SF
Lot Size3.00 Acres
Days on Market859

Property Features for 408-414 W Town Center Blvd

General Information

Standard status Active
Size 2,230 SF
Lot size 3.00 Acres
Property subtype RETAIL
Lease Type NNN

Additional Details

Traffic Count 9,200 vehicles/day

Building Details

Year Built 2020
Tenancy Multi

Spaces For Lease

at 408-414 W Town Center Blvd Contact us

408 W Town Center Blvd $25/SF/Yr

Floor
1
Size
2,230 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The subject property is ideally located just west of what will be the main entrance...
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Josh Markiewicz
Source: Moodyscre
Added: May 10, 2024 Changed: Sep 5 Last Checked: Sep 15 at 6:46AM

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.

Located within Market Place Crossing, this 2020-constructed retail building includes inline and endcap space for lease. Suites 408 and 410 have been leased, and 4,491 SF remains, which can be divided into 2,261 SF (Suite 414 – endcap) and 2,230 SF (Suite 412 – inline). Suite 414 is on the west endcap and offers an opportunity for a drive-thru. The space will be delivered as a vanilla-box.

Market Place Crossing is a 3-acre development anchored by La-Z-Boy and Freddy’s Frozen Custard & Steakburgers, situated along Town Center Boulevard between Prospect Avenue and Neil Street. The property benefits from cross access and parking agreements with neighboring properties, and pylon signage is available along Town Center Boulevard. The area includes major retailers such as Menards, Target, Macy’s, Dick’s Sporting Goods, Sam’s Club, Meijer, Aldi, Walmart Supercenter, Ashley Furniture, Kohl’s, PetSmart, and Hobby Lobby. Traffic counts are listed at 9,200 VPD for Town Center and 11,000 VPD for Neil Street, with the subject located just west of the main entrance to a brand-new Costco expected to be completed by late 2020.

Key Highlights

  • 3‑acre Market Place Crossing retail development along Town Center Boulevard between Prospect Avenue and Neil Street.
  • An additional 8,982 SF of retail space constructed in 2020 with inline and endcap units available for lease.
  • 4,491 SF remains and can be divided into 2,261 SF (Suite 414 endcap) and 2,230 SF (Suite 412 inline).

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Law Firm Veterinary Clinic Florist Tanning 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

9,200 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby
108k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 87% Apparel 13%
Costco Wholesale Superstores
94,362 visits/mo 0.3 miles
JCPenney Apparel
13,757 visits/mo 0.4 miles

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 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?
Shopping center - Divisible retail space is available as a vanilla-box delivery, including an endcap with potential drive-thru.
Where is this shopping center located?
The property is located at 408-414 W Town Center Blvd Champaign, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3‑acre Market Place Crossing retail development along Town Center Boulevard between Prospect Avenue and Neil Street.; An additional 8,982 SF of retail space constructed in 2020 with inline and endcap units available for lease.; 4,491 SF remains and can be divided into 2,261 SF (Suite 414 endcap) and 2,230 SF (Suite 412 inline).
(217) 403-3424 Call to check price and availability
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