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1803-1809 Philo Rd 25,576 SF 100% Leased Retail Building Urbana, IL 61802 $1,023,040 ($40/SF)
Executive Summary
The property spans approximately 25,576 square feet on a 1.22-acre lot and was originally constructed in 1965. With the anchor vacant, the offering is priced on a per-square-foot basis well below replacement cost rather than on in-place income.
Property Facts
Amenities
- Security System
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Arts, Entertainment, and Recreation
- -
-
$9.99
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Lorem Ipsum
-
Jan 0000
Planet Fitness began in 1992 when Michael and Marc Grondahl bought a failing Gold's Gym in Dover, New Hampshire. The company created a welcoming environment for casual exercisers with its Judgement Free Zone concept. Planet Fitness grew rapidly through franchising, becoming one of the largest fitness chains globally. The business model focuses on affordability and accessibility with low membership fees. The company provides cardio and strength equipment, free fitness training, and various membership options. Planet Fitness operates thousands of locations worldwide.
- Urbana's Hair
- Services
- -
- -
- -
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Urbana's Hair | Services | - | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Suite F is located on the south side of the building and faces Salt & Light. The space was a former dry cleaner and most recently a dog grooming business. The space has two sections a front open area and a back area. There is a restroom and storage room in the back of the space. The space makes for a nice retail area and has drive-through capabilities. The anchor tenant of the center is Planet Fitness. Signage is available along Philo Rd.
Suite A is a 13,332 SF space remodeled in 2016 for Planet Fitness. The space has a large open area, check -in area, bathroom/locker rooms with showers, and private rooms used for tanning and massage therapy. .
| Space | Size | Space Use | Position | Available |
| 1809 - F | 1,525 SF | Retail | End Cap | 30 Days |
| 1809 A | 13,332 SF | Retail | End Cap | 30 Days |
1809 - F
| Size |
| 1,525 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1809 A
| Size |
| 13,332 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1809 - F
| Size | 1,525 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Suite F is located on the south side of the building and faces Salt & Light. The space was a former dry cleaner and most recently a dog grooming business. The space has two sections a front open area and a back area. There is a restroom and storage room in the back of the space. The space makes for a nice retail area and has drive-through capabilities. The anchor tenant of the center is Planet Fitness. Signage is available along Philo Rd.
1809 A
| Size | 13,332 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Suite A is a 13,332 SF space remodeled in 2016 for Planet Fitness. The space has a large open area, check -in area, bathroom/locker rooms with showers, and private rooms used for tanning and massage therapy. .
Nearby Major Retailers
Property Taxes
| Parcel Number | 93-21-21-126-050 | Improvements Assessment | $431,960 |
| Land Assessment | $62,370 | Total Assessment | $494,330 |
Property Taxes
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1803-1809 Philo Rd
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