Property consists of 5,110 SF freestanding former restaurant building that was built in 1968 with an addition in 1974. The property features 196' of frontage on University Ave, consists of 1.26 Acres with 56 parking spots, and there is room for expansion. The restaurant was recently gutted and is ready to be remodeled by the next tenant. A new roof was put on in 2016, new HVAC in 2016, new walk in cooler/freezer, new plumbing and water lines in the kitchen, and Tenant Improvement Dollars (TI) is available for well qualified tenants.
Subject property is located on West University Ave (US 45/US 150) (20,800 VPD) in Urbana just east of Carle Foundation Hospital (413-bed regional hospital/6,386 Employees) (#2 employer in the Champaign Co), just northeast of the University of Illinois (44,880 Grad/Undergrad Students, 13,857 Faculity/Staff) (#1 employer in the Champaign Co), and 1 mile east of Presence Covenant Medical Center (210-Bed regional hopital/830 Employees) (#8 employer in Champaign Co). Access to I-74 is is available via University Ave, Lincoln Ave., and Cunningham Ave all within 2 miles.
