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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, where the company started as a local gym before evolving into a broader fitness concept. The business built its model around a low-cost, non-intimidating environment known as the Judgement Free Zone, aimed at making gym use more accessible to casual and first-time exercisers. Today, Planet Fitness operates as a major franchisor and operator of fitness centers, with clubs across the United States and several other markets, and it supports members through club access, digital workouts, and app-based tools. The company offers cardio and strength equipment, membership tiers, and free fitness instruction through small-group training programs.
- 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 |






