Endcap Retail Suite with
For Lease
Contact for pricing
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 Market905
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
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 to a brand-new Costco, that is expected to be completed by late 2020.
Major retailers in the area include Menards, Target, Macy’s, Dick’s Sporting Goods, Sam’s Club, Meijer, Aldi, Walmart Supercenter, Ashley Furniture, Kohl’s, PetSmart, Hobby Lobby, and many more.
Traffic Counts:Town Center: 9,200 VPDNeil Street: 11,000 VPD
- Market Place Crossing is a 3-acre development anchored by La-Z-Boy and Freddy’s Frozen Custard & Steakburgers that is strategically located along Town Center Boulevard between Prospect Avenue and Neil Street. An additional 8,982 SF of retail space was constructed in 2020 and offers inline and endcap retail space for lease.
Suites 408 and 410 have been leased and 4,491 SF of space remains and can be divided into 2,261 SF (Suite 414 – endcap), and 2,230 SF (Suite 412 – inline). Suite 414 on the west endcap has the opportunity for a drive-thru and the building benefits from cross access and parking agreements with the neighboring properties and pylon signage is available along Town Center Boulevard.
Suites will be delivered as a vanilla-box.
Contact us
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Josh Markiewicz
(217) 403-3424
Source:
Moodyscre
Added: May 10, 2024
Changed: Oct 25
Last Checked: Oct 30 at 6:13PM
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
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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.
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
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
Explore this area
Business Placement
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
Similar Off Market Nearby
- Baytowne square — 2033 N Prospect Ave, Champaign, IL 61822
- Pinetree Plaza — 2117 N Prospect Ave, Champaign, IL 61821
- Marketplace Plaza — 1901 N Market St, Champaign, IL 61820
- Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 716 W. Towne Center Blvd., Champaign, IL 61822
- Seventh Sense — 2000 n neil st, champaign, il 61820
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).
