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1902 Fox Dr
Champaign, IL 61820
CHAMPAIGN OFFICE FOR SALE · Office Property For Sale
Investment Highlights
- 86% leased with stable in-place income
- Flexible suite configuration (2,200 – 3,300 SF)
- Anchored by two (2) creditworthy, long-term tenants
- Located in a well-established corporate office park with adjacent retail and hospitality amenities
Executive Summary
Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to present for sale 1902 Fox Drive, a highly flexible, income-producing office asset located within the Champaign Corporate Center.
This 17,915 RSF single-story office building is currently 86% leased and anchored by established long-term tenants, including Comcast and the Illinois Federation of Teachers. The remainder of the building has been repositioned into a premium private office coworking concept known as Parallel, providing a diversified and dynamic income stream.
Located in Champaign Corporate Center, 1902 Fox Drive offers a rare combination of income stability and future flexibility. The property benefits from a hybrid rent roll that offers stable base income from anchor tenants and diversified income from smaller office users.
This 17,915 RSF single-story office building is currently 86% leased and anchored by established long-term tenants, including Comcast and the Illinois Federation of Teachers. The remainder of the building has been repositioned into a premium private office coworking concept known as Parallel, providing a diversified and dynamic income stream.
Located in Champaign Corporate Center, 1902 Fox Drive offers a rare combination of income stability and future flexibility. The property benefits from a hybrid rent roll that offers stable base income from anchor tenants and diversified income from smaller office users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,915 SF
Building Class
B
Year Built
1989
Price
$2,486,160 CAD
Price Per SF
$138.78 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,915 SF
Building FAR
0.22
Lot Size
1.86 AC
Zoning
CO - Commercial Office District
Parking
82 Spaces (4.58 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 45-20-24-178-003 | Improvements Assessment | $928,774 CAD |
| Land Assessment | $137,581 CAD | Total Assessment | $1,066,355 CAD |
Property Taxes
Parcel Number
45-20-24-178-003
Land Assessment
$137,581 CAD
Improvements Assessment
$928,774 CAD
Total Assessment
$1,066,355 CAD
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