Your email has been sent.
CARRIAGE CENTER RETAIL FOR LEASE 2007 S Neil St 882 - 3,720 SF of Retail Space Available in Champaign, IL 61820
Highlights
- Highly Trafficked Retail Corridor
- Great Visibility
- Grocery Anchored Shopping Center
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 882-3,720 SF | Negotiable | $36.83 CAD/SF/YR $3.07 CAD/SF/MO $137,012 CAD/YR $11,418 CAD/MO | Triple Net (NNN) |
1st Floor
2001-2007 S Neil Street is a 13,959 SF multi-tenant retail center built in 2016 along South Neil Street in the popular Carriage Center development. 2007 S Neil Street is +/- 3,720 SF and can be naturally divided to 882 SF and 2,838 SF. The suite boasts a mostly open floor plan with high-quality finishes, tall ceilings, and benefits from its location on the endcap of the center. The suite is equipped with two 4 ton HVAC units and one 3 ton HVAC unit, and 3-phase, 4-wire, 225 amp, 208Y/120V electrical service, making it suitable for a wide range of businesses. Additionally, the suite is sprinkled throughout. The building offers high visibility and easy accessibility, and provides for signage opportunities on the building facade and pylon sign. Area Description Carriage Center is a 17-acre development situated along the bustling Neil Street corridor. This major north-south commercial corridor is a hub of activity in the City of Champaign, and the ideal location for businesses that seeks a high-visibility presence. The development is anchored by Harvest Market and includes Ace Hardware, Home2 Suites by Hilton, Starbucks, Crumbl, Dave’s Hot Chicken, OSF Urgo, AT&T, Orangetheory Fitness, Aspen Tap House, and many others, drawing in a steady stream of customers to the area. The property is adjacent to Corporate Center, a massive 650,000 SF office park, and just west of the University of Illinois Research Park with nearly 700,000 SF of office space. The University of Illinois is also located just east of the property, with over 56,000 students and 11,000+ faculty & staff.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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.
Property Facts
| Total Space Available | 3,720 SF | Gross Leasable Area | 13,959 SF |
| Min. Divisible | 882 SF | Year Built | 2016 |
| Property Type | Retail | Parking Ratio | 9.46/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 3,720 SF |
| Min. Divisible | 882 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,959 SF |
| Year Built | 2016 |
| Parking Ratio | 9.46/1,000 SF |
About the Property
2001-2007 S Neil Street is a 13,959 SF multi-tenant retail center built in 2016 along South Neil Street in the popular Carriage Center development. 2007 S Neil Street is +/- 3,720 SF and can be naturally divided to 882 SF and 2,838 SF. The suite boasts a mostly open floor plan with high-quality finishes, tall ceilings, and benefits from its location on the endcap of the center. The suite is equipped with two 4 ton HVAC units and one 3 ton HVAC unit, and 3-phase, 4-wire, 225 amp, 208Y/120V electrical service, making it suitable for a wide range of businesses. Additionally, the suite is sprinkled throughout. The building offers high visibility and easy accessibility, and provides for signage opportunities on the building facade and pylon sign. Area Description Carriage Center is a 17-acre development situated along the bustling Neil Street corridor. This major north-south commercial corridor is a hub of activity in the City of Champaign, and the ideal location for businesses that seeks a high-visibility presence. The development is anchored by Harvest Market and includes Ace Hardware, Home2 Suites by Hilton, Starbucks, Crumbl, Dave’s Hot Chicken, OSF Urgo, AT&T, Orangetheory Fitness, Aspen Tap House, and many others, drawing in a steady stream of customers to the area. The property is adjacent to Corporate Center, a massive 650,000 SF office park, and just west of the University of Illinois Research Park with nearly 700,000 SF of office space. The University of Illinois is also located just east of the property, with over 56,000 students and 11,000+ faculty & staff.
- Signage
Nearby Major Retailers
Presented by
CARRIAGE CENTER RETAIL FOR LEASE | 2007 S Neil St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.