Retail Space /IL /Champaign County /Urbana /1801 S Philo Rd
Retail Space /IL /Champaign County /Urbana /1801 S Philo Rd

1801 S Philo Rd - Drug Store FOR SALE


Urbana, IL 61802 | 
$3,525,000 USD
1801 S Philo Rd, Urbana, IL for Sale
$3,525,000 USD
Drug Store - FOR SALE
1/3
null | 9.22% Cap Rate
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1801 S Philo Rd
Urbana, IL 61802

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HIGHLIGHTS

  • Leased to Walgreens with a firm lease until 2038. Walgreens has options through 2083.
  • High-visibility corner adjacent to traffic signal on major South Philo Rd, prime commercial corridor
  • Adjacent to major retailers including Meijer, CVS, and Planet Fitness

OVERVIEW

Well located near the University of Illinois. 13+ years of rent guaranteed by Walgreens. Buyers' brokers protected. Price has been reduced!

FOR SALE DETAILS

PRICE

$3,525,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

9.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens 13+ years Urbana, IL - reduced!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

93-21-21-126-049

ASK ABOUT THIS PROPERTY

Jason FeldmanNet Lease USAMore Info

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