Property profile

2022 Glenn Park Dr Champaign, IL 61821

OFF-MARKET
Retail properties & Spaces
143,000 SF
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Property summary

AI-generated overview

This exceptional 5,000 square foot retail or flex space is situated within a thriving 143,000 square foot community shopping center in West Champaign. Benefit from high visibility and convenient access from three major roadways, including direct access to I-72 and I-57 interchanges. The property boasts a strong tenant mix, including established businesses such as American Freight, Habitat for Humanity, DBat, and U-Haul, ensuring a steady flow of customers. The ample parking lot provides over 900 spaces, accommodating both your customers and employees. High daily traffic counts of 17,500 vehicles on Mattis Avenue and 7,500 vehicles on Country Fair Drive guarantee significant exposure for your business. The space is adaptable to your specific needs, allowing for customization to create the perfect layout for your operations. The property is zoned CG and sits on a 14-acre lot. The single-story building offers a convenient and efficient workspace. Estimated tenant utility costs are $2.20 per square foot. This prime location offers unparalleled opportunities for growth and success. The property is easily accessible from Mattis Avenue, and its proximity to major interstates provides exceptional regional access.

Property profile

Verified
Property type Retail properties & Spaces
Total area 143,000 SF

Cap rate & NOI

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

Location

2022 Glenn Park Dr Champaign, IL 61821
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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