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    OFF-MARKET
    Retail properties & Spaces

    0 Farm Credit Dr, Mahomet, IL 61853

    5,920 SF 3 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    Prairieview Center, a brand-new, Class A commercial complex in Mahomet, IL's thriving Prairieview Commons development, offers exceptional leasing opportunities. This three-building complex boasts 5,920 total square feet, with flexible spaces ranging from 1,200 to 5,920 contiguous square feet, currently entirely vacant. The property features a total of four suites, ideal for multiple tenants or a single large occupant. Located at the high-traffic corner of US Highway 150 and Prairieview Road, with frontage on Interstate 74, the center benefits from excellent visibility and accessibility. High traffic counts of 9,100 AADT on US Highway 150 and 34,200 AADT on Interstate 74 ensure significant exposure. The property sits on 3 acres and includes ample parking with 100 spaces. Construction is slated to begin in Fall 2024, with completion anticipated for Summer 2025. The C2 - General Commercial zoning allows for diverse uses. Tenants will benefit from a $40/sqft tenant improvement allowance within a Net Net Net (NNN) lease structure. This prime location is just 5 miles northwest of Champaign-Urbana, in the rapidly growing community of Mahomet, a highly desirable area. Ameren Illinois provides power to the complex. This is a unique opportunity to secure space in a state-of-the-art facility within a dynamic and expanding market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 5,920 SF
    Lot 3 ac (130,680 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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