1005 W Bloomington Rd | Champaign, IL 61821
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1005 W Bloomington Rd
Champaign, IL 61821
Stand Alone Retail /Office Space · Retail Property For Sale
Executive Summary
Great Investment Opportunity – 100% Occupancy!
Three inline units currently being occupied by the World Finance with 1,450 SF; Boost Mobile with 1,400 SF; and Star Fox Liquor with 1,500 SF. Each unit has a flexible floor plan. The site has great visibility from Bloomington Rd. On site parking is available with a pylon sign located on site.
Traffic Counts:
W. Bloomington Rd. – 12,100 CPD
N. Prospect Ave. – 21,600 CPD
Location Description
Subject property is located in North Champaign, surrounded by a neighborhood to the south and Interstate I-74 to the North. Close in proximity to the North Prospect retail corridor, this site offers all the advantages that a retail site needs.
Three inline units currently being occupied by the World Finance with 1,450 SF; Boost Mobile with 1,400 SF; and Star Fox Liquor with 1,500 SF. Each unit has a flexible floor plan. The site has great visibility from Bloomington Rd. On site parking is available with a pylon sign located on site.
Traffic Counts:
W. Bloomington Rd. – 12,100 CPD
N. Prospect Ave. – 21,600 CPD
Location Description
Subject property is located in North Champaign, surrounded by a neighborhood to the south and Interstate I-74 to the North. Close in proximity to the North Prospect retail corridor, this site offers all the advantages that a retail site needs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
B
Year Built
2008
Price
$1,290,000
Price Per SF
$297
Cap Rate
5.76%
NOI
$74,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
CG - Commercial General
PROPERTY TAXES
| Parcel Number | 41-20-02-427-004 | Improvements Assessment | $119,400 |
| Land Assessment | $54,310 | Total Assessment | $173,710 |
PROPERTY TAXES
Parcel Number
41-20-02-427-004
Land Assessment
$54,310
Improvements Assessment
$119,400
Total Assessment
$173,710
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