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Property profile

2714 Prospect Ave Champaign, IL 61822

OFF-MARKET
Retail properties & Spaces
10,615 SF Built 2018
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Property summary

AI-generated overview

This exceptional 1,450 square foot retail space is located at 2714 N Prospect Ave, Champaign, IL 61822, on the southeast corner of North Prospect and Interstate Drive. Part of a Class A, single-story retail center built in 2018, the property boasts a total of 10,615 square feet. The building features a strong tenant mix including OSF Urgo, Cricket Wireless, Star Uniforms, and a nail salon. This inline space benefits from a highly visible location with daily traffic exceeding 15,000 vehicles. The property is shadow-anchored by major retailers such as Starbucks, Walmart, and Aldi, ensuring high foot traffic and brand recognition. The space will be delivered in vanilla box condition, with tenant build-out responsibilities. The property is zoned Commercial General and serviced by Ameren power. Annual property taxes are $5.02 per square foot. This is a rare opportunity to secure a prime retail location in a high-growth area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 10,615 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2714 Prospect Ave Champaign, IL 61822
Champaign metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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