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Remodeled Flex Space
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805 E Perkins Rd, Urbana, IL 61802

Three separate suites on 1.22 acres with a fenced lot serving Unit C.

Space Size5,300 SF
Property Size16,975 SF
Lot Size1.22 Acres
Days on Market434

Property Features for 805 E Perkins Rd

General Information

Standard status Active
Size 5,300 SF
Lot size 1.22 Acres
Property subtype INDUSTRIAL
Lease Type Modified Gross

Building Details

Year Built 1971
Year Renovated 2023
Building Size 16,975 SF
Tenancy Multi

Spaces For Lease

at 805 E Perkins Rd
805 E Perkins Rd $12/SF/Yr
Floor 1
Size 5,300 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- The subject property is a total of 16,975 SF and currently divided into three separate suites and sites on 1.22 acres of ground. The building was originally constructed in 1971 & added onto in 1989. The interior of the building was remodeled in 2022 & 2023, the exterior of the building was painted in 2024. Roof is new and was installed in 2019 and solar panels added in 2020. There is a fenced in lot on the east side of the building which Unit C has access to. The owner of the building occupies Unit A and would intend to vacate upon selling the building.
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Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell
Source: Moodyscre
Added: Aug 25, 2025 Changed: Oct 26 Last Checked: Nov 1 at 3:32AM

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

Rey
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Investment Insights

Based on property information with market context.

This flex space property is divided into three separate suites on 1.22 acres. The building was originally constructed in 1971, expanded in 1989, and remodeled throughout the interior in 2022 and 2023. The exterior was painted in 2024, and the roof was installed in 2019. Solar panels were added in 2020.

A fenced lot on the east side of the building provides access for Unit C. The owner currently occupies Unit A and intends to vacate upon a sale, creating a defined suite configuration for future occupancy.

Key Highlights

  • Three separate suites on 1.22 acres
  • Interior remodeled in 2022 and 2023
  • Building expanded in 1989 from original 1971 construction

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TCT Construction, Inc General Contractor ECI Construction Services, ... Construction Company

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Law Firm Building Supply Gym & Fitness Center Furniture & Home Goods

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • PRIVA Catering Event Services,LLC — 2138 Monroe Dr, Urbana, IL 61802

Frequently Asked Questions

What type of property is this?
Flex space - Three separate suites on 1.22 acres with a fenced lot serving Unit C.
Where is this flex space located?
The property is located at 805 E Perkins Rd Urbana, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Three separate suites on 1.22 acres; Interior remodeled in 2022 and 2023; Building expanded in 1989 from original 1971 construction
(217) 821-8553 Call to check price and availability
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