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1005 Bloomington Rd Champaign, IL 61821

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For Sale
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High-Visibility Retail Center, 100% Occupied

Property size:
4,350 SF

Property Features for 1005 Bloomington Rd

General Information

Property type
Lifestyle centers
Square Feet
4,350 SF
Lot Size
839,516,634 SF

Building Details

Year Built
2007
Stories
1

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Listing Contact
Jay Sikorski
Jay Sikorski

Listing Agent: Jay Sikorski

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 4,350 square foot shopping center presents a compelling investment opportunity in Champaign, Illinois. Built in 2007, this single-story property boasts 100% occupancy with three inline units: World Finance (1,450 SF), Boost Mobile (1,500 SF), and Star Fox Liquor (1,500 SF). Each unit offers a flexible floor plan, catering to diverse tenant needs. The property features ample on-site parking and a prominent pylon sign for maximum visibility from the high-traffic Bloomington Road (12,100 CPD) and its proximity to North Prospect Avenue (21,600 CPD). Situated on a substantial 19.27-acre lot (APN: 41-20-10-427-004) in a prime North Champaign location, near I-74 and the North Prospect retail corridor, this NNN-leased property offers a strong, stable income stream. The asking price is $1,290,000, representing a 5.60% cap rate and a pro-forma cap rate of 5.76%. The property's current pro-forma NOI is $74,250, with a remaining lease term of five years. The property is zoned CG. This is a rare opportunity to acquire a fully occupied, high-performing retail asset in a thriving market.
Property Profile Location Intelligence

Current Use by Public Records

StarFox Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2609279
Latitude
40.1330444

FAQs

What type of property is this?
Lifestyle center - High-Visibility Retail Center, 100% Occupied
Where is this lifestyle center located?
The property is located at 1005 Bloomington Rd Champaign, IL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: $1,290,000 asking price for a 4,350 SF shopping center in Champaign, IL.; NNN lease, multi-tenant, 100% occupancy with 5 years remaining lease term.; $296.55 price per square foot, 5.60% cap rate, and a pro-forma cap rate of 5.76%.
(217) 352-7712 Call to check price and availability
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