Technical
Financial
Distress signals
Property profile

913 W Marketview Dr Champaign, IL 61822

FOR LEASE
Retail properties & Spaces
Property ID
US28-5799454
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity in Champaign, IL, presents co-tenancy and outlot spaces totaling 133,000 square feet. Located at 913 W Marketview Dr, 61822, this property boasts excellent highway visibility off Interstate 74. The site benefits from a substantial trade area exceeding 270,000 people, with average household incomes surpassing $78,000. A large employment base of over 70,000 individuals within a 5-mile radius further strengthens the property's appeal. The proximity to the University of Illinois, with its enrollment of over 33,600 students, provides a significant and consistent customer base. Available spaces include up to 25,000 square feet of in-line space and up to 3 acres of outlot land on the southeast portion of the property. Highway-visible pylon signage is available, ensuring maximum brand exposure. This property offers a unique chance to join a thriving retail center alongside established national brands such as Rural King, Sam's Club, Staples, PetSmart, Chipotle, and Five Guys. The property's strategic location and strong demographics make it an ideal investment for businesses seeking high visibility and a robust customer base.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
APN 412002203013
UPID US28-5799454

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Agricultural Supply
  • Gun Shop
  • Bank Loan Service

Location

913 W Marketview Dr Champaign, IL 61822
Champaign metro Census 800 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2009
4 recorded transactions
2021
Price N/A
2009
$1.6M
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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