Midtown Plaza

LeaseOfficeRetail 1,123 - 8,143 SF
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302 & 310 S. First St.
Champaign, IL 61820
Lease Price: $16.00 - $18.00 / SF
Lease Type: NNN
Available Space: 1,123 - 8,143 SF
Lot Size (sqft): 15,735 SF & 12,360 SF
Parking: See "Parking Map"
Zoning: CB1 - Central Business Urban Fringe

Property Description

Midtown Plaza consists of two 5-story mixed use buildings with first floor retail/office space and 104 residential apartments on floors 2-5, which are connected by a public plaza adjacent to the Boneyard Second Street Basin. The building provides a variety of convenient parking options: 33 on-site surface parking spaces for clients/customers, surface parking and street parking west of First street, and underground building parking for tenants at a monthly fee.
The total retail/office space in the north building is 15,735 SF and the south building is 12,360 SF. Remaining availability in the building is as follows: 1,123 SF on the south cap of the south building, 7,865 SF (divisible) on the north cap of the south building and 8,134 SF (divisible) on the south end of the north building. The space will be delivered to a tenant as a dark shell with the following improvements: plumbing roughed in for a restroom, 200 amp service, concrete floor, HVAC unit sized for standard office/retail use (does not include ductwork), demising wall taped, mudded, and ready for paint.

Location Description

This new development is ideally located along south First Street in Midtown, which serves as a gateway between Campustown at the University of Illinois Urbana-Champaign and downtown Champaign. This development is in close proximity to the proposed $250 million development known as The Yards, which could add a U of I sports arena, hotel, restaurants, retail, apartments, and convention center to the area. The property sits on the west side of the Boneyard Second Street Basin, which provides a beautiful setting/views of the Boneyard waterway and walking trails.