4 results
Address
Asking Price
Net Leased Investment with Redevelopment Upside
202 W Anthony Dr
Champaign, IL
Lot Size:2.25Acres
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this single-tenant net-leased investment property. The subject property is located on the corner of N. Neil (21,600 AADT) and the north frontage road for I-74 (63,100 AADT). The site (2.25 acres) provides a great opportunity for future redevelopment while providing income in the near term with zero Landlord obligations. The property is surrounded by numerous hotels and retailers such as Costco, Red Robin, McDonald’s, Bob Evans, Taco Bell, Olive Garden, Panera Bread, T.J. Maxx, Bed, Bath & Beyond and Barnes & Noble.
The tenant, Alexander’s Steakhouse, is a chophouse with cook-your-own and kitchen-cooked entree options. The location in Champaign is one of four in the state of Illinois. Additionally, the parent company, Mercedes Restaurants, Inc., owns and operates two Famous Dave’s restaurants. They have operated in this property for over 20 years.
$1,000,000
726 West Town Center Boulevard
726 W Town Center Blvd
Champaign, IL
$10,375,000
2033 North Prospect Avenue
2033 N Prospect Ave
Champaign, IL
Building Size:3,321SF
$1,800,000
2306 North Prospect Avenue
2306 N Prospect Ave
Champaign, IL
$3,850,000
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Market Stats
61822 has 36 commercial real estate spaces for lease, representing 1,931,721 sqft space. 21 buildings are available for sale.
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