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312 W Kirby Ave
Champaign, IL 61820
CSL Plasma | 15-Yr, Essential Business · Retail Property For Sale
Investment Highlights
- Brand-new, 15-year net leased asset with scheduled 10% rental increases every five years throughout the initial term
- Extensive 2019 remodel, including new roof, parking lot resurface & restripe, and new HVAC units – see broker for details
- Corporately guaranteed lease with CSL Plasma, Inc. which generated north of $7.9 Billion in 2018 – financials available upon execution of an NDA
- Future upside potential via below-market rent at $13.50 PSF and fair market value adjustments in the renewal periods
- 20-year manufacturer’s roof warranty to be transferred to new owner at closing
- The offering is situated less than a quarter mile from the center of the University of Illinois campus which is home to the Fighting Illini
Property Facts
Property Type
Retail
Property Subtype
Building Size
15,486 SF
Building Class
C
Year Built/Renovated
2005/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.51 AC
Zoning
Commercial
Parking
77 Spaces (4.97 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
About 312 W KIRBY AVE , CHAMPAIGN, IL 61820
- Good visibility and access from W. Kirby Avenue and just off the corner from Neil Street which sees over 21,000 cars per day and runs parallel to the University of Illinois campus - CSL Plasma has been in business for over 100 years and is the world’s largest collector of human plasma, with over 200 donation centers across Europe and North America - The University of Illinois has over 49,300 students enrolled, employs over 33,000 full time and part time employees, and supports over 88,000 jobs in the area – annual economic impact of over $8.9 Billion - Dense population of over 142,000 in a 5-mile radius and the ideal demographic for CSL Plasma, as individuals can expect to receive anywhere from $50-$80 per donation
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,051,380 | |
| Land Assessment | $200,120 | Total Assessment | $1,251,500 |
Property Taxes
Parcel Numbers
Land Assessment
$200,120
Improvements Assessment
$1,051,380
Total Assessment
$1,251,500
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