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Office Suites with Utilities Included
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701 Devonshire Dr, Champaign, IL 61820

Flexible office suites for lease with utilities included and shared conference room access.

Property Size435 SF
Days on Market606

Property Features for 701 Devonshire Dr

General Information

Standard status Active
Size 435 SF
Property subtype OFFICE
Lease Type SF/mo
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell
Source: Moodyscre
Added: Dec 3, 2024 Changed: Jul 31 Last Checked: Jul 31 at 4:57AM

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.

The Business Technology Center (BTC) offers small to large office suites for lease. Tenants may lease an individual office or several offices depending on business needs. Utilities are included in all leases and are not charged separately to tenants.

BTC provides shared access to conference rooms at no additional cost. For an additional fee, tenants can arrange phone and voicemail service, fiber internet, access to a copier/fax/scanner, and a postage meter, along with other services.

The property totals 435 square feet and is located at 701 Devonshire Dr in Champaign, IL.

Key Highlights

  • Small to large office suites for lease, with options to lease one office or several
  • Utilities included in all leases, with no additional utility charge to tenants
  • Free access to conference rooms

Property Analytics

Current Use

Metro Infusion Center Medical Clinic Melissa Lopez Hittle ... Insurance Agency Business & Technology Center Corporate Office Jr's Driving School Training Center Jen Watson Consulting Advertising Agency

Suggested Use

Top Pick Auto Parts Store HVAC Service Grocery & Convenience Store Barber Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store

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
$3.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby

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

$15.82 /SF/Yr
Avg Asking Price
$8.75–$20 /SF/Yr
Price Range
9,221 SF
Avg Space Size

This space is priced 57% above the average of $15.82 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites for lease with utilities included and shared conference room access.
Where is this office units located?
The property is located at 701 Devonshire Dr Champaign, IL.
What is the lease rate?
The lease rate is $900 /Mo.
What are key features of this property?
This property features: Small to large office suites for lease, with options to lease one office or several; Utilities included in all leases, with no additional utility charge to tenants; Free access to conference rooms
(217) 821-8553 Call to check price and availability
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