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Upscale Shopping Center for Lease 1741 W Kirby Ave 2,400 - 4,800 SF of Retail Space Available in Champaign, IL 61821
HIGHLIGHTS
- Flexible Layout
- High Traffic & Visibility
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1705 | 2,400 SF | Negotiable | $17.00 /SF/YR $1.42 /SF/MO $40,800 /YR $3,400 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1705 | 2,400 SF | Negotiable | $17.00 /SF/YR $1.42 /SF/MO $40,800 /YR $3,400 /MO | Triple Net (NNN) |
1st Floor, Ste 1705
Suite 1705 is +/- 2,400 SF of wide-open retail space with two restrooms located in the rear of the suite. The space is in partially demoed condition — midway between a grey shell and a vanilla box. The previous tenant began renovations before vacating, so the suite retains much of its infrastructure, but will require additional work to be move-in ready.
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 1705
Suite 1705 is +/- 2,400 SF of wide-open retail space with two restrooms located in the rear of the suite. The space is in partially demoed condition — midway between a grey shell and a vanilla box. The previous tenant began renovations before vacating, so the suite retains much of its infrastructure, but will require additional work to be move-in ready.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,800 SF | Total Land Area | 4.43 AC |
| Property Type | Retail | Year Built | 1986 |
| Gross Leasable Area | 46,586 SF | Parking Ratio | 4.29/1,000 SF |
| Total Space Available | 4,800 SF |
| Property Type | Retail |
| Gross Leasable Area | 46,586 SF |
| Total Land Area | 4.43 AC |
| Year Built | 1986 |
| Parking Ratio | 4.29/1,000 SF |
ABOUT THE PROPERTY
Old Farm Shops is a 47,000 SF neighborhood shopping center featuring a mix of upscale retailers, popular dining options, excellent signage opportunities and ample parking. Suite 1705 is +/- 2,400 SF of wide-open retail space with two restrooms located in the rear of the suite. The space is in partially demoed condition — midway between a grey shell and a vanilla box. The previous tenant began renovations before vacating, so the suite retains much of its infrastructure, but will require additional work to be move-in ready. The center features a curated mix of national and local retailers such as Panera Bread, Parlor Doughnuts, Mainstream Boutique, The UPS Store, Chico’s, Talbots, TCBY and Papa Murphy’s Pizza Area Description Subject property is ideally positioned on the southeast corner of Mattis Avenue (19,200) and Kirby Avenue (15,300 AADT) and provides easy access to Interstate 72, Interstate 57 and Interstate 74. The intersection is one of the busiest in Champaign County and is surrounded by retailers and residential neighborhoods.
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Upscale Shopping Center for Lease | 1741 W Kirby Ave
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