State Street Flex Space

For Lease

1706 S State Street, Champaign, IL 61820

You can currently find 1 retail space(s) available for lease at State Street Flex Space. Designated use type for space listed here includes freestanding. Current retail listings at this property total 6,584 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at State Street Flex Space.

Space Available For Lease 1

Contacts

broker

Jordan Dunahee

Ramshaw Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 6,584 SF
  • Additional Rent Contact for pricing
  • Year Built 1998
  • Date Updated Oct 3, 2024
One half block south of Kirby Ave between Neil Street and State Street.The leasehold improvements include a 6,584 SF building, a parking lot with 40 parking spaces, and additional land for future parking if needed. These improvements are listed at $700,000. There is a land lease also included with the purchase. The current lease amount is $2,500 per month with escalations every two years based on the CPI. The current term has a remaining 48 years with 10 year renewal options.6,584 SF stand-alone building located between State Street and Neil Street, one half block south of Kirby Avenue. 1706 State can be easily converted to Flex, Office, Storage or other Retail space needs. Has potential to add an overhead door for Flex space uses. The property includes Neil Street signage and it receives daily exposure from University of Illinois and Champaign - Savoy residential traffic. It also boasts ample parking with 40 parking spaces. Two months of free rent up front for qualified tenants!

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Highlights

  • Great Location Between Neil Street and State Street
  • Easily Converted to Office, Storage or other Retail Space
  • Neil Street Signage
  • Ample Parking with 40 Spaces
  • Two Months Free Rent for Qualified Tenants

Attachments

Getting around

  • 69/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood Southgate Ayreshire
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    1.43 miles

  • Circle K

    0.47 miles

  • Thorntons

    1.50 miles

  • ChargePoint

    1.81 miles

  • Mobil

    1.82 miles

  • Shell

    2.15 miles

  • Marathon

    2.38 miles

  • Tesla Supercharger

    3.58 miles

  • Atkins Building parking lot

    0.30 miles

  • E-14 Lot

    0.34 miles

  • SAIC Lot

    0.48 miles

  • Southwest Lot

    0.48 miles

  • Northwest Lot

    0.50 miles

  • E36

    0.53 miles

  • Southeast Lot

    0.62 miles

  • Northeast Lot

    0.62 miles

  • E35

    0.62 miles

  • E9

    0.72 miles

  • Taco Bell

    0.04 miles

  • Steak 'n Shake

    0.04 miles

  • The Ribeye

    0.07 miles

  • McDonald's

    0.15 miles

  • that burger joint

    0.17 miles

  • Niro’s Gyros

    0.20 miles

  • Aspen Tap House

    0.21 miles

  • Merry Ann's Diner

    0.23 miles

  • Dave's Hot Chicken

    0.26 miles

  • Cactus Grill

    0.30 miles

  • Harvest Market

    0.31 miles

  • AM-KO Oriental Foods and Gifts

    1.23 miles

  • Target

    1.33 miles

  • County Market

    1.39 miles

  • Far East Grocery

    1.58 miles

  • World Harvest Foods

    1.64 miles

  • Schnucks

    1.76 miles

  • World Harvest

    2.19 miles

  • Big Lots

    2.21 miles

  • Westgate Mall

    2.32 miles

1706 S State Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1706 S State Street is located in Southgate Ayreshire, which is home to a total of 12 listing(s). Retail space at State Street Flex Space asks $14.00/SF/YR per square foot.

  • The property includes 6,584 square feet of retail space for lease. Of this total, 6,584 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Southgate Ayreshire is 22. The average household income here is $33,045 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jordan Dunahee

Ramshaw Real Estate

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