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2004 Fox Dr 25,100 SF 72% Leased Office Building Champaign, IL 61820 For Sale
Investment Highlights
- Existing occupancy at 86.6% with seven (7) established tenants all on NNN leases
- Strategic location near the University of Illinois, Carle Health Systems, and major area employers
- Prominent monument signage and ample on-site parking
- Attractive income stream producing a in-place net operating income (NOI) of approximately $238,872
- Zoned CO: Commercial Office District allowing for flexible office and related service uses
- Easy access to Interstates 74 and 57 and regional airport
Executive Summary
in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite F is located on the back (east) side of the building and consists of 2,035 SF nicely finished office space. It has a reception area, conference room with skylight, five private offices, two restrooms and open work space. Suite F is currently combined with Suite J for a total square footage of 4,535 SF.
Suite J is located on the back (east) side of the building and consists of 2,500 SF of office space. It consists of nine private offices, large conference room, kitchenette, and one restroom. It is currently combined with Suite F for a total square footage of 4,535 SF.
Located in the Corporate Center Office Park, 2004 Fox Drive is a ±25,100 square foot multi-tenant office building with a brick façade and ample parking. Built in 1988, the building is centrally positioned within the community, just west of Neil Street. Suite K, situated in the southwest corner of the building, offers approximately 2,500 square feet of office space in primarily shell condition. The suite includes a reception area, break room, office, storage room, and two restrooms, and requires additional build-out to be fully functional. The building benefits from a monument sign along Fox Drive and is located along an MTD bus route.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste F | 2,035 SF | Office | - | Now |
| 1st Fl-Ste J | 2,500 SF | Office | - | Now |
| 1st Fl-Ste K | 2,500 SF | Office | Shell Space | Now |
1st Fl-Ste F
| Size |
| 2,035 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste J
| Size |
| 2,500 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste K
| Size |
| 2,500 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl-Ste F
| Size | 2,035 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Suite F is located on the back (east) side of the building and consists of 2,035 SF nicely finished office space. It has a reception area, conference room with skylight, five private offices, two restrooms and open work space. Suite F is currently combined with Suite J for a total square footage of 4,535 SF.
1st Fl-Ste J
| Size | 2,500 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Suite J is located on the back (east) side of the building and consists of 2,500 SF of office space. It consists of nine private offices, large conference room, kitchenette, and one restroom. It is currently combined with Suite F for a total square footage of 4,535 SF.
1st Fl-Ste K
| Size | 2,500 SF |
| Space Use | Office |
| Build-Out | Shell Space |
| Available | Now |
Located in the Corporate Center Office Park, 2004 Fox Drive is a ±25,100 square foot multi-tenant office building with a brick façade and ample parking. Built in 1988, the building is centrally positioned within the community, just west of Neil Street. Suite K, situated in the southwest corner of the building, offers approximately 2,500 square feet of office space in primarily shell condition. The suite includes a reception area, break room, office, storage room, and two restrooms, and requires additional build-out to be fully functional. The building benefits from a monument sign along Fox Drive and is located along an MTD bus route.
Property Taxes
| Parcel Numbers | Improvements Assessment | $546,130 | |
| Land Assessment | $223,830 | Total Assessment | $769,960 |
Property Taxes
Contacts
-
Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Slovis -
Frontline Real Estate Partners
