6 Convenience Center Dr - Freestanding FOR SALE


Champaign, IL 61820
$1,250,000 USD
217-352-7712
6 Convenience Center Dr, Champaign, IL for Sale
$1,250,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

6 Convenience Center Dr
Champaign, IL 61820


HIGHLIGHTS

  • Single Story Beam/Masonry Construction
  • Full Basement, Partially Finished
  • Poured Concrete Floors
  • Anchored by dominant regional mall (1,000,000 Sq. ft.) and Market Place Plaza anchored by Kohl's with 200,000 sq. ft.
  • Total of 9,000 Sq. ft. of usable space (5,500 Sq. ft main floor)

OVERVIEW

Coldwell Banker Commercial Devonshire Realty is proud to introduce this freestanding bi-level retail structure on half an acre, situated on a prime outlot of Champaign County’s premier shopping destination, the Market Place mall. Reconstructed from an original bank site in 2006, the building features a 3,500 sq. ft. basement with 12 ft ceiling heights, not included in the 5,500 sq. ft. footprint. This bonus space is perfect for back of the house and additional stock and storage needs. Due to this, the main level is almost all sales floor, with strategically placed stock rooms, and restrooms on the first floor. The owners thoughtfully redesigned the property centralized around a beautiful showroom floor. Contact to make an appointment to see it for yourself. Area Description Located in a prime retail hub, this property is perfectly positioned between Market Place Plaza, home to Kohl’s, and the southern parking area of Market Place Shopping Center. It directly faces the newly revitalized Dick’s House of Sport, a major draw that sees nearly 50,000 visitors each month. The entire Market Place Shopping Center attracts a robust 492,000 visitors monthly, with Costco alone contributing 130,000 of these visits. The property benefits from dual access points and is easily reachable via Convenience Center Road from Neil Street, one of Champaign’s key thoroughfares, which boasts almost 12,000 vehicles daily. At only a quarter of a mile, the I-74 interchange servicing N Neil Street’s retail district receives approximately 49,000 vehicles daily.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MARKET PLACE RETAIL FOR SALE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

CG

APN/PARCEL ID

41-20-01-226-002

ASK ABOUT THIS PROPERTY

Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.