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    OFF-MARKET
    Retail properties & Spaces

    2714 Prospect Ave, Champaign, IL 61822

    10,615 SF Built 2018
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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