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Savoy Plaza Outparcel 1201 Savoy Plaza Ln 2,400 SF of Retail Space Available in Savoy, IL 61874
Highlights
- Anchored by Schnucks, one of the largest grocers in the Midwest
- National tenants include Goodwill, Dollar Tree, Massage Envy and Buffalo Wild Wings
- Located on Dunlap Avenue which generates daily traffic exceeding 16,200 vehicles per day
- Population exceeds 63,800 people with an average household income greater than $93,800 in a three-mile radius
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste DEV1 | 2,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste DEV1
Savoy Plaza BTS outparcel opportunity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Anchored by Schnucks.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Savoy Plaza Outparcel
- Dollar Tree
- Goodwill
- Korean BBQ
- Massage Envy
- Schnucks
- T-Mobile
Property Facts
| Total Space Available | 2,400 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 2,400 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,400 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
Prime outparcel development opportunity at Savoy Plaza, a grocery-anchored shopping center located along N. Dunlap Avenue / U.S. Route 45 in Savoy, Illinois, within the Greater Champaign market. The site offers build-to-suit or ground lease flexibility and benefits from strong visibility, established retail synergy, and consistent commuter traffic. Savoy Plaza is anchored by Schnucks, one of the largest grocers in the Midwest, and features a strong mix of national and regional tenants, including Dollar Tree, Goodwill, Massage Envy, and Buffalo Wild Wings, driving daily traffic and repeat visitation. The outparcel’s position at the front of the center provides clear sightlines, shared access, and adjacency to daily-needs retail, making it well suited for QSR, coffee, medical, financial, or service-oriented users, including drive-thru or pad formats, subject to approvals. The property is located on N. Dunlap Avenue, which generates 16,200+ vehicles per day, delivering strong commuter flow and ongoing exposure. The surrounding trade area is supported by robust population growth, with a population exceeding 63,800 within a three-mile radius, and average household incomes greater than $93,800, supporting long-term demand for neighborhood-serving retail and services.
Nearby Major Retailers
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Savoy Plaza Outparcel | 1201 Savoy Plaza Ln
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