0 Sec I-74 & Prospect Ave Champaign, IL 61820
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.