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409 Town Center Blvd
Champaign, IL 61822

Investment - New Construction On Town Center · Retail Property For Sale

Executive Summary

GREAT INVESTMENT OPPORTUNITY!
New Construction with four inline units on Town Center offering with 2 drive-thru suites. Unit sizes start at 2,240 SF range. The space is in vanilla box and has plenty of parking with 68 spaces on site. One signed lease!
Traffic Counts:
W. Town Center Blvd. – 8,500 CPD
N. Neil St. – 10,000 CPD
N. Prospect Ave. – 15,000 CPD
Area Description
The subject property is located just west of the main entrance to new Costco. Major retailers in the area include Menards, Target, Macy’s, Dick’s Sporting Goods, Sam’s Club, Meijer, Aldi, Walmart Supercenter, Ashley Furniture, Kohl’s, PetSmart, Hobby Lobby, and many more.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Storefront
Building Size
9,020 SF
Building Class
B
Year Built
2022
Price
£2,456,224
Price Per SF
£272
Net Initial Yield
5.81%
NOI
£142,619
Percent Leased
25%
Tenancy
Multiple
Number of Floors
1
Zoning
CG - Commercial General
Parking
68 Spaces (7.54 Spaces per 1,000 SF Leased)

Links

 

  • Listing ID: 27032216

  • Date on Market: 03/11/2022

  • Last Updated:

  • Address: 409 Town Center Blvd, Champaign, IL 61822

The Retail Property at 409 Town Center Blvd, Champaign, IL 61822 is currently available for sale. Contact Coldwell Banker Commercial Devonshire Realty for more information.

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Site Plan SALE 409-W-Town-Center-Blvd

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