Sherwin-Williams NNN Retail
For Sale
Contact for pricing
702 West Marketview Drive, Champaign, IL 61822
Corporate-backed retail property with a long-term NN lease and multiple renewal options.
Property Size4,884 SF
Days on Market144
Property Features for 702 West Marketview Drive
General Information
Standard status
Active
Size
4,884 SF
Property subtype
Retail
Additional Details
Traffic Count
8,401 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:35AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
The property is a 4,884-square-foot Sherwin-Williams retail store at 702 West Marketview Drive in Champaign, Illinois. The building has operated continuously since rent began in 2013 and is subject to a 10-year NN lease, limiting ongoing landlord responsibilities.
Sherwin-Williams Corporation provides the lease guarantee and carries a BBB credit rating, classified as investment grade. The agreement includes three five-year renewal options, with a 10% rental-rate increase attached to each option. The site records 8,401 cars per day on W. Marketplace Drive, with a five-mile population of 142,762.
Sherwin-Williams Corporation provides the lease guarantee and carries a BBB credit rating, classified as investment grade. The agreement includes three five-year renewal options, with a 10% rental-rate increase attached to each option. The site records 8,401 cars per day on W. Marketplace Drive, with a five-mile population of 142,762.
Key Highlights
- 4,884 SF Sherwin‑Williams retail store at 702 West Marketview Drive
- 10‑year NN lease with limited landlord responsibilities
- Three 5‑year renewal options, each including a 10% rental‑rate increase
Property Analytics
Property Profile
Current Use
Lease Details
8,401 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed retail property with a long-term NN lease and multiple renewal options.
Where is this nnn property located?
The property is located at 702 West Marketview Drive Champaign, IL.
What are key features of this property?
This property features: 4,884 SF Sherwin‑Williams retail store at 702 West Marketview Drive; 10‑year NN lease with limited landlord responsibilities; Three 5‑year renewal options, each including a 10% rental‑rate increase
