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1701 Springfield ave
Champaign, IL 61821

$2,029,230 USD

Auto Dealership For Sale  •  1,372 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 1,372 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Single
45 Transit Score
77 Walk Score

Highlights

This Site is Strategically Located Off of West Springfield Avenue and South Mattis Avenue With Great Visibility Seeing Over 25,000 VPD
Brand New 2024 Construction and a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
.Quality Real Estate - Surrounded By Strong Retailers Such As: 7 Brew, Jersey Mike's Subs, Starbucks, Arby's, Smoothie King, Walgreens Etc.
Located in an Area With a High Single Family Home Density Featuring Over 98,000 People Within a 3-Mile Radius
People Have Continued to Discover the Benefits of Living and Working in the Greater Champaign County Area
Champaign, IL is Home to University of Illinois Urbana-Champaign, Which Has a Student Population Around 36,000
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 1,372 SF 9/1/2039

Public Transportation

Commuter RailDriveWalkDistance
Champaign-Urbana (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 5 min - 2.0 mi
AirportDriveWalkDistance
University of Illinois/Willard 19 min - 6.9 mi
Max Watson 512-528-3122 Sands Investment Group Austin, LLC
Max Watson 512-528-3122 Sands Investment Group Austin, LLC