Freestanding Restaurant/Retail For Sale or Lease

LeaseRetail 1,768 SF
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401 W Kirby Ave
Champaign, IL 61820
Price: $575,000
Lease Price: $27.15 / SF
Lease Type: NNN
Building Size: 1,768 SF
Available Space: 1,768 SF
Lot Size (sqft): 28,985 SF
Parking: 30 Spaces
Zoning: CN - Commercial Neighborhood
Tax PIN: 45-20-24-132-003, 45-20-24-132-004
Year Built: 1959 (Renovated 2009)

Property Description

401 West Kirby Avenue is a single story masonry building on a 28,985 square foot lot with drive-thru access. Included in building area is a 10′ x 6′ walk-in freezer, two hoods, and a 3-compartment sink. The current lease with Niro’s Gyros runs through 12/31/2020.

*Property Is Broker Owned

Location Description

Subject property features tremendous visibility along West Kirby Avenue, and is located on the “to work” side of the street. To the east of the property is the intersection of Kirby Ave and Neil St, which are main arteries that run through Champaign with some of the highest traffic counts in town. To the south and east of the subject property is Trade Centre South (120,000 SF office building) that supports 1,000 emplyees. The immediate area has over 5,000 employees and 600 hotel rooms in addition to close proximity to the University of Illinois campus home to 45,000 students and staff. Nearby tenants include Jarlings Custard Cup, Walgreens, McDonald’s, Baxter’s American Grill, Hawthorn Suites, and both Memorial Stadium and State Farm Center.

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