1608 Patton Dr, Mahomet, IL 61853
For Lease
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Churchill Commons, a new Class A retail center in Mahomet, Illinois, offers exceptional opportunities for businesses seeking high-visibility locations. This 16,874 square foot development comprises three single-story buildings situated on a heavily trafficked Route 150 corridor, boasting over 10,000 vehicles daily. The center is strategically located at the signalized intersection of Churchill and Route 150, near the Prairieview and Interstate 74 interchange, ensuring maximum exposure. With ample on-site parking and outdoor seating areas incorporated into the design, Churchill Commons provides a welcoming environment for customers. Units are available from 1,000 square feet, offering flexibility for various business types. The property is zoned commercial and features drive-thru possibilities. Current tenants include The Rock Counseling Group, Papa John's, UI Credit Union, Vinkat Salon & Spa, and Dunkin'. The center is situated near established businesses such as Verizon Wireless, Edward Jones, and others, creating a synergistic retail environment. Furthermore, its proximity to two new K-2 schools and a planned junior high school enhances its long-term appeal. The $22.00/sf/NNN lease rate includes delivery of the space as a cold shell. This development is located in one of Illinois' fastest-growing communities, presenting a unique investment opportunity with significant growth potential. The property's APN numbers are 151314313003 and 151314313006, located in Champaign County. The address is 1608 Patton Drive, Mahomet, IL 61853.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.