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Stand Alone Retail /Office Space 1005 W Bloomington Rd 4,350 SF 100% Leased Retail Building Champaign, IL 61821 $1,290,000 ($296.55/SF) 5.76% Cap Rate
EXECUTIVE SUMMARY
Great Investment Opportunity – 100% Occupancy!
Three inline units currently being occupied by the World Finance with 1,450 SF; Boost Mobile with 1,400 SF; and Star Fox Liquor with 1,500 SF. Each unit has a flexible floor plan. The site has great visibility from Bloomington Rd. On site parking is available with a pylon sign located on site.
Traffic Counts:
W. Bloomington Rd. – 12,100 CPD
N. Prospect Ave. – 21,600 CPD
Location Description
Subject property is located in North Champaign, surrounded by a neighborhood to the south and Interstate I-74 to the North. Close in proximity to the North Prospect retail corridor, this site offers all the advantages that a retail site needs.
Three inline units currently being occupied by the World Finance with 1,450 SF; Boost Mobile with 1,400 SF; and Star Fox Liquor with 1,500 SF. Each unit has a flexible floor plan. The site has great visibility from Bloomington Rd. On site parking is available with a pylon sign located on site.
Traffic Counts:
W. Bloomington Rd. – 12,100 CPD
N. Prospect Ave. – 21,600 CPD
Location Description
Subject property is located in North Champaign, surrounded by a neighborhood to the south and Interstate I-74 to the North. Close in proximity to the North Prospect retail corridor, this site offers all the advantages that a retail site needs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
B
Year Built
2008
Price
$1,290,000
Price Per SF
$296.55
Cap Rate
5.76%
NOI
$74,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
CG - Commercial General
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41-20-02-427-004 | Improvements Assessment | $131,100 |
| Land Assessment | $59,630 | Total Assessment | $190,730 |
PROPERTY TAXES
Parcel Number
41-20-02-427-004
Land Assessment
$59,630
Improvements Assessment
$131,100
Total Assessment
$190,730
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Stand Alone Retail /Office Space | 1005 W Bloomington Rd
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