champaign town center for lease...center an approximately 1,000,000 square foot mall anchored by...
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Champaign Town CenterFOR LEASE
Address: 2012-2032 North Prospect Avenue, Champaign, ILType: Multi-Tenant Regional Shopping CenterSize: 3,800 Square Feet
Property:
The property is located on Prospect Avenue, Champaign’s primary retail corridor, and shares a site with Target and Lowe’s Home Improvement. Other tenants in the shopping center include Burger King, Steak & Shake, Payless Shoesource, as well as AT&T and Aspen Dental in a recently built freestanding building. Contiguous to the subject property is a vacant Circuit City which, according to contacts in the market, is close to being re-tenanted by a large national tenant.
Prospect Avenue is the primary shopping destination for the Champaign market and draws customers not only from the immediate area and the University of Illinois campus, but from many small towns surrounding the area as far as 50-miles away. National tenants located in the immediate vicinity of the property include Walmart, Sams Club, Meijer, Home Depot, Menards, and Market Place Shopping Center an approximately 1,000,000 square foot mall anchored by Macy’s, Sears, JCPenney, and Bergner’s owned and managed by General Growth Properties. Champaign is home to Illinois’ largest university, the University of Illinois, with a student population of over 42,000 and receives over 100,000 visitors every year. The property is surrounded by dozens of hotels and restaurants that service this large tourist population.
Property Highlights:
• Rare Opportunity to be located on Prospect Avenue.
• High barrier to entry market with a very limited supply of “small shop” retail space.
• Located between Target and Lowe’s Home Improvement on the primary retail artery in Champaign. Closest Target to Champaign is almost 50 miles away, Closest Lowe’s is 40 miles away.
• Occupied by predominantly national tenants.
• Located near University of Illinois Urbana-Champaign (42,000+ Students).
AVAILABLE
AVAILABLE
Site Plan
Vacant
Champaign Town Center
Tenants Square Feet_____
Available 3,800 SF Gameday Spirit 3,500 SF David’s Bridal 9,000 SF RadioShack 2,000 SF Cost Cutters 1,200 SF Sally Beauty Supply 1,600 SF Disc Replay 3,240 SF________________________________ TOTAL 24,340 SF
AVAI
LABL
E
Aerial
SITE
Marketview
Drive 10,000 V
PD
Vacant
Prospect Avenue 31,000 VPD
Aerial
7457,600 VPD
Prospect Ave31,000 VPD
Neil Street
22,600 VPD
Bloomington Rd.
15,000 VPD
SITE