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63 E Marketview Dr
Champaign, IL 61820
Barnes & Noble +Bob's Discount Furniture · Commerce de détail Propriété À vendre
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50 940 pi² Total
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Part of 170,000+ SF Market View Center
- Abundance of Hospitality and Multi-family
- Robust Retail Corridor | Major Big Box Synergies
- Half Mile from the 800,000+ SF Market Place Shopping Mall
- University of Illinois Urbana-Champaign Provides Powerful Customer Base
RÉSUMÉ DE L'ANNONCE
Situated less than two miles north of downtown Champaign, the subject property is located immediately off of I-74 (48,900 VPD) at the hard-corner, signalized intersection of North Neil Street (17,000 VPD) and East Marketview Drive (4,300 VPD).
Barnes & Noble: With an operating history of 30 years at this location, Barnes & Noble's net lease features a corporate guaranty from Barnes & Noble, Inc. and ±7.3 years of term remaining with a 4.35% rent increase in 2028.
Bob's Discount Furniture: Currently in the process of backfilling Bed, Bath & Beyond, Bob's Discount Furniture's net lease features 10 years of term (estimated opening: February 15, 2026) with an 8% rent increase in year 6 and 10% rent increases in each of the four, 5-year renewal options. The lease also boasts a corporate guaranty from BDF Acquisition Corporation.
Barnes & Noble: With an operating history of 30 years at this location, Barnes & Noble's net lease features a corporate guaranty from Barnes & Noble, Inc. and ±7.3 years of term remaining with a 4.35% rent increase in 2028.
Bob's Discount Furniture: Currently in the process of backfilling Bed, Bath & Beyond, Bob's Discount Furniture's net lease features 10 years of term (estimated opening: February 15, 2026) with an 8% rent increase in year 6 and 10% rent increases in each of the four, 5-year renewal options. The lease also boasts a corporate guaranty from BDF Acquisition Corporation.
FAITS SUR LA PROPRIÉTÉ
| Prix/pi² | 235,78 $ CAD / pi² | Nombre de propriétés | 2 |
| Taux de capitalisation | 7% | Individuellement en vente | 0 |
| Type de vente | Investissement pour loyer hypernet | Taille totale du bâtiment | 50 940 pi² |
| Statut | Actif | Superficie totale du terrain | 9,03 AC |
| Prix/pi² | 235,78 $ CAD / pi² |
| Taux de capitalisation | 7% |
| Type de vente | Investissement pour loyer hypernet |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 50 940 pi² |
| Superficie totale du terrain | 9,03 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 65 E Marketview Dr, Champaign, IL 61820 | Commerce de détail | 27 730 pi² | 1985 | - |
| 63 E Marketview Dr, Champaign, IL 61820 | Commerce de détail | 23 210 pi² | 1985 | - |
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