510 Cunningham Ave Urbana, IL 61802
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High-traffic retail space, diverse tenants.
Lot size:
22,500 SFProperty Features for 510 Cunningham Ave
General Information
- Property type
- Restaurants
- Lease Type
- Gross Lease
- RSF (Rentable sq. ft)
- 22,500 SF
- Class
- B
- Total Rate
- 22500
Building Details
- Buildings
- 1
- Stories
- 1
Spaces For Lease
at 510 Cunningham Ave, Urbana, IL 61802 Contact us- Unit Suite 7
- Size
- 2,236 SF
$12 /Mo
- Unit Suite 6
- Size
- 1,500 SF
$12 /Mo
Listing Agency: Swick Realty Listing Agent: Spencer Schelp
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 22,500-square-foot retail center in Urbana, IL, presents a compelling investment opportunity. Located at 510 N Cunningham Ave, this single-story, Class B building boasts 14 suites, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,250 square feet. Currently, 1,500 square feet are vacant, offering immediate potential for new tenants. The property sits on a 1.68-acre lot (73,171 square feet) and features ample parking with 121 spaces. The building is equipped with individual forced-air heating and cooling systems, and a sprinkler system. Its convenient location, near E University Ave/US Route 150, offers easy access for customers and employees. A rear entrance provides convenient access for staff and deliveries. The diverse tenant mix includes restaurants (African and Mexican cuisine), a gaming establishment, an offsite sushi preparation facility, grocery stores (African and Latino), an ice cream shop, a spa, a food truck commissary, a bakery, and a Boost Mobile store. The property's strategic location near Walgreens, a nuEra dispensary, a car wash, and the National Guard adds to its appeal. This well-established center benefits from high foot traffic, exceeding 240,000 visits annually, making it an ideal location for a variety of businesses. The property is zoned B-3 General Business District and has a building floor area ratio (FAR) of 0.31. This prime location offers excellent visibility and accessibility, with easy access from I-72 and county roads. The existing tenant mix is diverse and complementary, creating a synergistic environment. This is an exceptional opportunity to establish or expand a business in a thriving, high-traffic area near the downtown area and the university.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ashar African Market
Grocery & Convenience Store
Sepelas Restaurant
Restaurant
Ruby's - Slots and Video ...
Hotel & Motel
LL SUSHI
Take-out & Catering
El Oasis
Grocery & Convenience Store
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Illinois
- Longitude
- -88.203753376076
- Latitude
- 40.116389933844
Nearby Similar for Lease
FAQs
What type of property is this?
Restaurant - High-traffic retail space, diverse tenants.
Where is this restaurant located?
The property is located at 510 Cunningham Ave Urbana, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 22,500 SF retail center in Urbana, IL, on a 1.68-acre lot with 121 parking spaces.; High-traffic location with over 240,000 annual visits.; Located near Walgreens, a nuEra dispensary, and I-74 (two miles north).