312 Kirby Ave Champaign, IL 61820
Sponsored
Corporate-guaranteed medical office, strong NOI.
Property size:
15,486 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 312 Kirby Ave
General Information
- Property type
- Medical offices
- Square Feet
- 15,486 SF
- Lot Size
- 58,370 SF
Building Details
- Year Built
- 2019
HighLights
- Fee‑simple ownership of a 15,486 SF medical office building in Champaign, IL.
- Triple‑net (NNN) lease with CSL Plasma; approximately 9.7 years remaining, with two 5‑year options; 10% rental increases every five years.
- High‑visibility location at a signalized intersection with over 22,000 vehicles daily, near major shopping centers and I‑57, 72, and 74.
- Strong demographics: over 151,400 residents and 92,500 daytime employees within a 5‑mile radius; built in 2019; on‑site billboard.
- $3,496,000 asking price ($225.75/SF); 6.75% cap rate; $235,967 NOI; 77 parking spaces; 1.34‑acre lot.
Property Profile
Location Intelligence
Current Use by Public Records
CSL Plasma
Blood Donation Center
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2478055
- Latitude
- 40.0987061
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - Corporate-guaranteed medical office, strong NOI.
Where is this medical office located?
The property is located at 312 Kirby Ave Champaign, IL.
What is the asking price?
The asking price for this property is $3,496,000.
What are key features of this property?
This property features: Fee-simple ownership of a 15,486 SF medical office building in Champaign, IL.; Triple-net (NNN) lease with CSL Plasma; approximately 9.7 years remaining, with two 5-year options; 10% rental increases every five years.; High-visibility location at a signalized intersection with over 22,000 vehicles daily, near major shopping centers and I-57, 72, and 74.
