Technical
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Property profile

0 Sec I-74 & Prospect Ave Champaign, IL 61820

OFF-MARKET
Retail properties & Spaces
178,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 57,581 square feet of vacant space within a larger 178,000-square-foot building in Champaign, Illinois. Strategically located at the intersection of I-74 and Prospect Avenue in Champaign County, this property boasts unparalleled visibility and accessibility. The building's prime location ensures high foot traffic and significant exposure to a large consumer base. The property is ideally suited for multiple tenants, offering flexibility in lease terms and space configurations to accommodate a variety of retail businesses. Its proximity to a Home Depot further enhances its appeal, benefiting from the established customer traffic generated by this major retailer. The property is classified as commercial retail space and is available for lease. The address is easily accessible from Interstate 74, a major thoroughfare, ensuring convenient access for customers and employees. This presents a rare chance to secure a prominent retail presence in a thriving market. The substantial square footage offers ample space for expansion and customization to meet specific business needs. Serious inquiries are encouraged to explore this exceptional retail investment opportunity. The property is located in a high-growth area of Champaign, Illinois, with a strong local economy and a large consumer base. This is a unique opportunity to establish a successful retail operation in a highly visible and accessible location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 178,000 SF

Cap rate & NOI

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

Location

Sec I-74 & Prospect Ave Champaign, IL 61820
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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