847-780-8063
, Champaign, IL for Sale
Retail - FOR SALE
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Shoppes Of Knollwood
Champaign, IL


HIGHLIGHTS

  • Prime location along South Neil Street with strong visibility and traffic counts
  • Immediate cash flow with significant upside through lease-up and stabilization
  • Less than two miles from the University of Illinois and minutes from Downtown Champaign
  • Ample surface parking with 347 spaces and multiple access points
  • Surrounded by national retailers and major employers in a vibrant commercial corridor

OVERVIEW

The Shoppes of Knollwood features a 38,517-square-foot multi-tenant retail center across two (2) buildings on 5.62 acres along South Neil Street in Champaign, Illinois. Constructed in 1998 and zoned CG: Commercial General District, the center is currently 65.6% occupied, offering investors a rare opportunity to acquire a positive cash flowing retail property with the ability to add value through lease-up and stabilization. The center features excellent visibility, multiple access points, and ample surface parking with 347 spaces, serving a diverse tenant mix that includes healthcare, financial, and service-oriented users. Strategically positioned less than two (2) miles south of the University of Illinois, The Shoppes of Knollwood benefits from consistent traffic, strong surrounding retail demand, and proximity to major national and regional retailers. With its prime location, durable construction, and clear potential for enhanced income generation, The Shoppes of Knollwood presents investors with an exceptional opportunity to acquire a well-located retail asset in a thriving Champaign corridor.

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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