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- LoopNet Team
507-519 E University Ave
Champaign, IL 61820
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Supermarket | Parking Ratio | 4.17/1,000 SF |
| Gross Leasable Area | 14,044 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 14,044 SF |
| Year Built | 1964 |
| Parking Ratio | 4.17/1,000 SF |
ABOUT THE PROPERTY
PROPERTY DESCRIPTION This multi-tenant building located along University Avenue (21,800 vehicles per day) benefits from high visibility and easy accessibility, and is conducive to a wide variety of commercial uses including retail and office. The available 4,287 SF suite is on the east endcap of the building and is divisible to 2,114 SF and 2,173 SF. The suite is mostly wide-open and has a large walk-in cooler and freezer, two restrooms, office, storage room, and utility room. Signage is available on the facade of the building above the suite and on a freestanding pylon sign along University Avenue. Note: Property is owned by IL licensed real estate brokers. LOCATION DESCRIPTION The property is ideally located at the corner of University Avenue and Sixth Street just 1 block from the University of Illinois campus (44,000+ students), and a short distance from OSF Medical Center; a 210-bed comprehensive medical facility, and Carle Foundation; a 345-bed regional care hospital. Other surrounding property uses include a 500+ bed student housing development located directly across University Avenue, and numerous retailers and restaurants including Car-X, Perkins, State Farm, Durst Cycle, and many more.
- Signage
