409 Town Ctr Blvd Champaign, IL 61822-1219
This exceptional 9,020 square foot retail center, built in 2022, presents a unique investment opportunity. Located at 409 W Town Center Blvd, near Neil Street, this single-story building boasts four suites, offering flexibility for multiple tenants or a single large occupant. The property features a generous 6,780 square feet of vacant space, divisible into units as small as 2,240 square feet, with a maximum contiguous space of 6,780 square feet. Two of the suites (1 and 4) measure 2,270 square feet each, while Suite 3 offers 2,240 square feet. All spaces are delivered as vanilla boxes, ready for tenant build-out. Ample parking is provided with 68 spaces. The property sits on a 0.79-acre lot and is zoned CG. Its prime location is immediately west of a new Costco, and is surrounded by a vibrant retail environment including major national brands such as Menards, Target, Macy's, Dick's Sporting Goods, Sam's Club, Meijer, Aldi, Walmart Supercenter, Ashley Furniture, Kohl's, PetSmart, and Hobby Lobby. The property's APN is 41-20-01-126-047. This is an ideal location for businesses seeking high visibility and access to a large customer base. The two drive-thrus offer significant operational advantages.
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Royal Nail Spa Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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