Retail Space in Urbana
For Lease
Contact for pricing
1901 Philo Rd, Urbana, IL 61801
Retail space in Urbana, close to businesses and attractions.
Space Size3,428 SF
Days on Market944
Property Features for 1901 Philo Rd
General Information
Standard status
Active
Size
3,428 SF
Property subtype
RETAIL
Spaces For Lease
at 1901 Philo Rd
1901 S. Philo Rd.
AVAILABLE, Now
Floor
1
Size
3,428 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Sublease
No
Legacy Commercial Property has commercial real estate available at 1901 S. PHILO RD in Urbana, IL. This well-managed retail or office space has strong visibility with up to 3361 SF available for lease. This building is situated nicely between retail staples CVS, Walgreens and a busy gas station on a 4-way stop. Another perk is the proximity to the University of Illinois (Urbana-Champaign), which boasts of 35K students during the school year. Both suits have open floor plans with build to suit capabilities. Like many of our high-traffic corner, free standing buildings, we offer 40+ parking spaces and strong visibility. The 6,550 SF building is located near the heart of the Urbana business district and is ready for its next generation of retail. This property is a well-known retail staple of the Urbana community for years and offers landmark recognition & captivating signage. Give our Champaign County commercial leasing agents a call at (847) 904-9200 to learn more about about leasing options. This is the perfect opportunity to grow your business' footprint on the SW corner of S Philo Rd & E Colorado Ave.
Contact us
Listing Agency:
Legacy Commercial Property
(615) 610-0885
Listed By:
Legacy Commercial Property
(847) 904-9200
Source:
Moodyscre
Added: Mar 5, 2024
Changed: Oct 4
Last Checked: Oct 4 at 12:13PM
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 Legacy Commercial Property
Investment Insights
Based on property information with market context.
The area surrounding 1901 S. Philo Rd. in Urbana is an enticing location for prospective retail or strip center tenants. The property benefits from its close proximity to a diverse mix of local businesses, popular dining options, and community attractions, ensuring a lively atmosphere with consistent foot traffic. Nearby landmarks such as the Crystal Lake Park and the Urbana Indoor Aquatic Center contribute to the area's unique charm, drawing in both residents and visitors. With its strong sense of community, favorable demographics, and convenient access to major roadways, the location offers an excellent opportunity for retail businesses to establish a prominent presence and meet the diverse consumer needs of the Urbana market.
Key Highlights
- High foot traffic due to proximity to local businesses, dining, and community attractions.
- Excellent opportunity for retail businesses to establish a prominent presence.
- Benefits from a lively atmosphere and strong sense of community.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 46%
Electronics 5%
McDonald's
Dining
15,593 visits/mo
0.2 miles
Dollar Tree
Shops & Services
8,900 visits/mo
0.1 miles
Marathon
Shops & Services
6,061 visits/mo
0.2 miles
BP
Shops & Services
4,309 visits/mo
0.1 miles
Papa John's Pizza
Dining
2,200 visits/mo
0.2 miles
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Urbana, close to businesses and attractions.
Where is this retail space located?
The property is located at 1901 Philo Rd Urbana, IL.
What are key features of this property?
This property features: High foot traffic due to proximity to local businesses, dining, and community attractions.; Excellent opportunity for retail businesses to establish a prominent presence.; Benefits from a lively atmosphere and strong sense of community.
