1813 N Neil St - Restaurant FOR SALE


Champaign, IL 61820
$3,149,829 USD
914-403-7574
1813 N Neil St, Champaign, IL for Sale
$3,149,829 USD
Restaurant - FOR SALE
1/4
null | 5.25% Cap Rate

1813 N Neil St
Champaign, IL 61820


HIGHLIGHTS

  • Brand New Long - Term NNN Lease | 10% Rental Increases Every 5 - Years
  • New Construction Corporate Dutch Bros
  • Dutch Bros Corporate Guaranty
  • College Town Location - University of Illinois

OVERVIEW

Surmount is pleased to present the exclusive listing for a Dutch Bros located at 1813 North Neil Street, Champaign, IL 61820. The site consists of roughly 986 rentable square feet of building space on an estimated 0.56 -acre parcel of land. Dutch Bros is subject to a brand new 15 -year Triple Net (NNN) lease, with rent estimated to commence 9/1/2026. The current annual rent is $165,366 and has scheduled increases of 10.00% every 5 Years.

FOR SALE DETAILS

PRICE

$3,149,829 USD

PRICE/SF

$688 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

41-20-01-202-001

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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