Office Space for Sale or Lease

LeaseSaleOfficeRetail 9,153 SF
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201 Devonshire Dr
Champaign, IL 61820
Price: $2,800,000
Lease Price: $13.00 / SF
Lease Type: NNN
Building Size: 19,086 SF
Available Space: 9,153 SF
Parking: 108 Spaces
Zoning: CG - Commercial General

Property Description

201 Devonshire Drive is a 19,086 SF class-A multi-tenant office building that was constructed in 1995 and is ideally located just off Neil Street on Devonshire Drive. The eastern half of the building is currently available for lease and is 9,153 rentable square feet and includes 8,633 useable SF and 520 SF of common space allocated to the unit. The suite features 13 private offices, 2 conference rooms, open cubicle space and two restrooms. The common area includes the mechanical systems for the building and a data and server room. The building recently received a new roof, repaved parking lot and upgrades to some of the HVAC units.

Although the building is configured and was purpose-built as an office building, its location and Commercial General zoning would provide a tenant with additional flexibility to repurpose all or part of the vacant space into a retail or restaurant use.

Location Description

The subject property is strategically located at the entrance of Corporate Center Office Park; a 650,000 square foot Class-A office park and adjacent to the 17-acre Carriage Center development anchored by Harvest Market.  The building is located just off the lighted intersection of Neil Street (21,200 AADT and Devonshire Drive (3,100 AADT) and lies just west of the University of Illinois (49,000+ students and 11,000+ faculty & staff) and the 700,000+ SF University of Illinois Research Park. Nearby tenants include Harvest Market, Ace Hardware, OSF HealthCare, Starbucks, BankChampaign, Orangetheory Fitness and many others.

Traffic Counts:

Devonshire Drive: 3,100 AADT
Neil Street: 18,600 AADT