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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
Planet Fitness began in 1992 in Dover, New Hampshire, as a gym concept built around an accessible, non-intimidating workout environment. The company franchises and operates fitness centers that provide strength and cardio equipment, free training, and membership options designed for everyday gym users. The company has achieved continued club growth and maintains a broad presence across the United States and several international markets, supported by a franchise-heavy model.
- Urbana's Hair
- Services
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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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 |






