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High Exposure Retail Center Space
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908 W Town Center Blvd, Champaign, IL 61822

Retail space in high-exposure center near Prospect & Town Center.

Space Size770 SF
Days on Market685

Property Features for 908 W Town Center Blvd

General Information

Standard status Active
Size 770 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 908 W Town Center Blvd Contact us

908 Town Center Blvd.

Size
770 SF
Availability
Active
Contact us
Listing Agency: RVG Commercial Real Estate
Listed By: Mike Carpenter · License #IL 471.009955
Source: Crexi
Added: Oct 22, 2024 Changed: Sep 4 Last Checked: Sep 6 at 6:54PM

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 RVG Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail center offers space alongside national tenants and is located off the corner of Prospect and Town Center Boulevard on a Meijer outlot. Neighboring tenants include Verizon Wireless, Supercuts, Teriyaki Madness, and Penn Station. The center has historically maintained 100% occupancy since its construction. The property is located in Champaign Urbana, home to the University of Illinois.

Key Highlights

  • High exposure retail center location.
  • Located on a Meijer outlot.
  • Strong history of 100% occupancy.

Property Analytics

Current Use

AmeriCash Loans Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Veterinary Clinic Barber Shop (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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

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

Lease Benchmarks for Champaign, IL

$18.5 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
9,919 SF
Avg Space Size

This space is priced 19% above the average of $18.5 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in high-exposure center near Prospect & Town Center.
Where is this retail space located?
The property is located at 908 W Town Center Blvd Champaign, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High exposure retail center location.; Located on a Meijer outlot.; Strong history of 100% occupancy.
More about this property
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