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Shoppes Of Knollwood 2 Retail Properties in Champaign, IL
INVESTMENT HIGHLIGHTS
- Prime location along South Neil Street with strong visibility and traffic counts
- Less than two miles from the University of Illinois and minutes from Downtown Champaign
- Surrounded by national retailers and major employers in a vibrant commercial corridor
- Immediate cash flow with significant upside through lease-up and stabilization
- Ample surface parking with 347 spaces and multiple access points
EXECUTIVE SUMMARY
The Shoppes of Knollwood features a 38,517-square-foot multi-tenant retail center across two (2) buildings on 5.62 acres along South Neil Street in Champaign, Illinois. Constructed in 1998 and zoned CG: Commercial General District, the center is currently 65.6% occupied, offering investors a rare opportunity to acquire a positive cash flowing retail property with the ability to add value through lease-up and stabilization. The center features excellent visibility, multiple access points, and ample surface parking with 347 spaces, serving a diverse tenant mix that includes healthcare, financial, and service-oriented users. Strategically positioned less than two (2) miles south of the University of Illinois, The Shoppes of Knollwood benefits from consistent traffic, strong surrounding retail demand, and proximity to major national and regional retailers. With its prime location, durable construction, and clear potential for enhanced income generation, The Shoppes of Knollwood presents investors with an exceptional opportunity to acquire a well-located retail asset in a thriving Champaign corridor.
PROPERTY FACTS
| Sale Conditions | Individually For Sale | 0 | |
| Sale Type | Investment | Total Building Size | 38,517 SF |
| Status | Active | Total Land Area | 8.25 AC |
| Number of Properties | 2 |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 38,517 SF |
| Total Land Area | 8.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
South Building
2211-2229 S Neil St, Champaign, IL 61820 |
Retail | 19,297 SF | 1998 | - |
|
North Building
2131-2229 S Neil St, Champaign, IL 61820 |
Retail | 19,220 SF | 1998 | - |
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CONTACTS
-
Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
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Shoppes Of Knollwood
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