217-352-7712
608 E University Ave, Champaign, IL for Rent

$16.00 USD /SF/yr

Retail - For Rent
1/1
1,929 SF | 1 Space

608 E University Ave
Champaign, IL 61820
Downtown Champaign


HIGHLIGHTS

  • Tenant space will be delivered in ‘Grey Shell’ with $50/USF in tenant improvement allowance.
  • Additional outdoor patio area is available for retail/restaurant use and the building features high speed fiber internet.
  • Parking is located on the north side of the building along with metered spots along the street.

OVERVIEW

Latitude is a premier Class A mixed-use development strategically located at the gateway to the University of Illinois campus and Downtown Champaign. Spanning two city blocks, the development features approximately 21,100 square feet of ground-floor retail, restaurant, and commercial space beneath 324 luxury apartment units totaling 519 beds, creating a built-in customer base providing retailers with a built-in residential customer base from day one.. The West Building is fully leased, leaving one remaining opportunity in the East Building consisting of 1,929 square feet. Delivered in grey shell condition, the space includes a generous tenant improvement allowance of $50 per usable square foot, allowing tenants to customize the space to meet their operational needs. Designed to accommodate a variety of retail, restaurant, service, or boutique office users, the suite features expansive storefront glazing, excellent visibility along East University Avenue, high-speed fiber internet, and the opportunity for outdoor patio seating. Convenient customer parking is available immediately north of the building, complemented by on-street metered parking and strong pedestrian activity generated by the surrounding residential density and University of Illinois campus. Latitude offers a rare opportunity to establish a presence within one of Champaign’s most dynamic mixed-use developments, serving students, professionals, hospital employees, university faculty, nearby residents, and visitors alike.

RENTAL DETAILS

SPACE AVAILABLE

1,929 SF

# OF SPACES

1

RENT/MONTH

$2,572 USD /mo

RENT RATE (MO)

$1.33 USD /SF/mo

RENT RATE (YR)

$16.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

482,564 SF

YEAR BUILT

2016

PARKING SPACES

26

LAND DETAILS

LAND ACRES

2.18377 AC

LAND SF

95,125.065 SF

ZONING

CB1-Central Business

ASK ABOUT THIS PROPERTY

Zach WetherellColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

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

Zach WetherellColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

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