Prime Endcap Retail for Lease

LeaseOfficeRetail 1,000 – 2,071 sqft
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407 E University Ave
Urbana, IL 61802
Lease Price: $17.00 / SF
Lease Type: NNN
Building Size: 3,910 sqft
Available Space: 1,000 – 2,071 sqft
Parking: 35 Spaces
Zoning: B-3 General Business

Property Description

This two-tenant retail outlet building is anchored by Domino’s and offers a tenant the opportunity to lease +/- 2,071 SF of endcap retail space. The suite is on the west side of the building which provides incredible visibility from the corner of University Avenue and Cunningham Avenue. The building can be accessed from University Avenue and Maple Street and also offers great signage opportunities.

The suite will be delivered to qualified-credit tenants as a “vanilla-box” and will include concrete floor, dry-walled walls, drop ceiling with lights, electrical outlets, single restroom to code, 200 amp power, and HVAC in place.

NNN expenses:  $10.65/SF

Location Description

The subject property is ideally located on a highly visible corner parcel at the intersection of University Avenue (19,200 AADT) and Maple Street (2,150 AADT) in Urbana. The property is located near the two largest employers in Champaign Country – the University of Illinois (47,000+ students and 10,000+ faculty and staff), and Carle Foundation, a 345-bed regional care hospital (6,000+ employees). Other notable tenants in the vicinity include Carter’s Furniture, Schnuck’s, Jimmy John’s, Panda Express, Walgreens, McDonalds, Starbucks, and Wendy’s.