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Property profile & analytics
OFF-MARKET
Retail space

11 Marketview Dr Champaign, IL 61820-7832

Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US28-2469235
Property summary
AI-generated overview

Market View Center, located at 11 E Marketview Dr, Champaign, IL 61822, offers exceptional retail space for lease. This 86,257 square foot center boasts a prime location at the four-way interchange of I-74 and Neil Street, ensuring high visibility and accessibility. The property is strategically situated near major shopping destinations including Costco and Market Place Mall, benefiting from significant foot traffic and consumer draw. The center currently features 18 suites, with multiple tenancy options available. Six units are currently available, ranging from 1,600 to 12,000 contiguous square feet, allowing for flexibility in tenant needs. The minimum divisible space is 1,600 square feet. The property's zoning is Commercial, suitable for retail, office, medical, or restaurant uses. Strong national co-tenants such as TJ Maxx, Plato's Closet, and Edible Arrangements contribute to a vibrant and thriving shopping environment. TJ Maxx alone attracted 1.9 million visits between May 1, 2022, and April 30, 2023, demonstrating the significant traffic potential of this location. This is an unparalleled opportunity to establish a business in a high-traffic, well-established retail center. Contact us today to learn more about available spaces and lease terms.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
APN 412001276008
UPID US28-2469235
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Champaign Marketview LLC · 22 yrs held
Champaign Marketview LLC
since 2004
6 recorded transactions
2019
Price N/A
2014
Price N/A
2004
$6.7M
2001
$6.6M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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