1502-1508 N Cunningham Ave - Storefront FOR SALE


Urbana, IL 61802 | 
$3,483,494 USD
847-922-2357
1502-1508 N Cunningham Ave, Urbana, IL for Sale
$3,483,494 USD
Storefront - FOR SALE
1/19
null | 8% Cap Rate

1502-1508 N Cunningham Ave
Urbana, IL 61802


HIGHLIGHTS

  • National Anchor Tenants: Harbor Freight Tools and Dollar General
  • Diverse, service-oriented tenant mix
  • Features a newly executed lease with an experienced multi-unit liquor operator across Central Illinois
  • Offered at $69 PSF. Well below replacement cost

FOR SALE DETAILS

PRICE

$3,483,494 USD

PRICE/SF

$69 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northgate Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

171

LAND DETAILS

LAND ACRES

6.9 AC

LAND SF

300,564 SF

ZONING

Commercial

APN/PARCEL ID

91-21-09-103-020,91-21-09-103-022,91-21-09-103-023

ASK ABOUT THIS PROPERTY

Zach OfnerColliersMore Info
847-922-2357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Zach OfnerColliersMore Info
847-922-2357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.