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    OFF-MARKET
    Lifestyle centers

    0 Bloomington Rd & Hagan Rd, Champaign, IL 61821

    57,581 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 57,581-square-foot retail property, situated at the prominent intersection of Bloomington Road and Hagan Road in Champaign, Illinois (zip code 61821), presents a unique investment opportunity. The property is strategically located adjacent to a Home Depot, ensuring high visibility and foot traffic. Its prime location just off the intersection of I-74 and Prospect Avenue offers excellent exposure to a large volume of vehicles, further enhanced by two traffic signals directly at the property. This location places the property on Champaign's most successful retail corridor, providing unparalleled access to a dense consumer base. The property's classification as both a storefront and shopping center allows for diverse leasing options and potential development. The property is currently vacant, offering a blank canvas for a new tenant or a redevelopment project. The surrounding area boasts a strong retail presence, with major national retailers such as Target, Ashley Furniture, Sam's Club, Ross Dress for Less, Best Buy, Meijer, AMC Theatres, Walmart, Kroger, Office Depot Office Max, HomeGoods, Costco Wholesale, Hobby Lobby, Kohl's, Dick's Sporting Goods, Barnes & Noble, and many more located nearby. This property is offered for sale and presents a compelling opportunity for investors seeking a high-visibility retail location in a thriving market. The property is a NNN lease type.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 57,581 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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