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    OFF-MARKET
    Lifestyle centers

    1005 Bloomington Rd, Champaign, IL 61821

    4,350 SF 19272.65 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,350 square foot shopping center presents a compelling investment opportunity in Champaign, Illinois. Built in 2007, this single-story property boasts 100% occupancy with three inline units: World Finance (1,450 SF), Boost Mobile (1,500 SF), and Star Fox Liquor (1,500 SF). Each unit offers a flexible floor plan, catering to diverse tenant needs. The property features ample on-site parking and a prominent pylon sign for maximum visibility from the high-traffic Bloomington Road (12,100 CPD) and its proximity to North Prospect Avenue (21,600 CPD). Situated on a substantial 19.27-acre lot (APN: 41-20-10-427-004) in a prime North Champaign location, near I-74 and the North Prospect retail corridor, this NNN-leased property offers a strong, stable income stream. The asking price is $1,290,000, representing a 5.60% cap rate and a pro-forma cap rate of 5.76%. The property's current pro-forma NOI is $74,250, with a remaining lease term of five years. The property is zoned CG. This is a rare opportunity to acquire a fully occupied, high-performing retail asset in a thriving market.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2007
    Total area 4,350 SF
    Lot 19272.65 ac (839,516,634 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
    Current use
    Occupant on record · Public records
    • StarFox Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
    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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