Champaign, IL Retail Space for Lease

Search 31 retail listings in Champaign, IL and find helpful local stats in the Market Overview section below.

West Town Center

712 West Town Center Boulevard, Baytowne, Champaign, IL
Property

Retail

13,000 SF
Availability

1 Space

12,791 SF
For Lease Contact for pricing
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229 S Mattis Ave

229 S Mattis Ave, Mattis Commercial Park, Champaign, IL
Property

Retail

304,588 SF
Availability

11 Spaces

84,726 SF
Year Built

1960
For Lease

$10.00/SF/YR
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901 S Neil St

901 S Neil St, In Town, Champaign, IL
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
For Lease

$16.00/SF/YR
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2510 Village Green Pl

2510 Village Green Pl, Maynard Lake, Champaign, IL
Property

Retail

2,381 SF
Availability

1 Space

2,381 SF
For Lease

$17.00/SF/YR
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1741 W Kirby Ave

1741 W Kirby Ave, Old Farm, Champaign, IL
Property

Retail

47,000 SF
Availability

1 Space

47,000 SF
For Lease

$17.00/SF/YR
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1422 South Neil Street

1422 South Neil Street, In Town, Champaign, IL
Property

Retail

6,600 SF
Availability

1 Space

6,600 SF
For Lease

$8.00/SF/YR
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2407 Village Green Pl

2407 Village Green Pl, Maynard Lake, Champaign, IL
Property

Retail

7,590 SF
Availability

1 Space

7,590 SF
Year Built

2005
For Lease

$16.00 - $18.00/SF/YR
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Champaign Commons

109 N. Mattis Avenue, Mattis Commercial Park, Champaign, IL
Property

Retail

88,105 SF
Availability

6 Spaces

156,825 SF
For Lease Contact for pricing
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Beverly Plaza

902 Meijer Dr, Baytowne, Champaign, IL
Property

Retail

16,328 SF
Availability

3 Spaces

5,698 SF
Year Built

2017
For Lease Contact for pricing
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1502 North Prospect Avenue

1502 N Prospect Ave, Sherwood Terrace, Champaign, IL
Property

Retail

2,600 SF
Availability

1 Space

2,600 SF
For Lease Contact for pricing
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Rural Kings

913 W Marketview Dr, Baytowne, Champaign, IL
Property

Retail

25,000 SF
Availability

1 Space

25,000 SF
For Lease Contact for pricing
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Retail Space Rents in Champaign, IL

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Champaign asks $17.17 per square foot.

Retail Space Lease Types in Champaign, IL

The most common type of lease agreement you’ll find here is NNN, with 23 space(s) available under this type of arrangement. The local market is also home to 4 retail space(s) offered under a Gross + Electric lease agreement type, and 2 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Champaign, IL

NNN 23
Gross + Electric 4
Full Service 2

Average Size of Retail Space for Lease in Champaign, IL

The average size for this type of rental opportunity in Champaign is 1,000 sqft to 2,500 sqft. Currently, the local market offers 36 listing(s) within that size range. You can also search 17 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Champaign, IL

Retail space in Champaign comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Freestanding and you can find 3 such space(s) available.  

Freestanding spaces listed for rent here have an average size of 3,095 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.

The local market is also home to 3 space(s) listed as Street Retail. The average size you can expect to find for this category is 1,900 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

What’s more, you can find 2 listing(s) in the Restaurant category, currently available in the average size of 3,900 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

Number of Retail Spaces for Lease in Champaign, IL, by Use Type

Freestanding

Street Retail

Restaurant

Neighborhood Center

Average Retail Listing Size in Champaign, IL, by Use Type

Freestanding

3,095 sq. ft.

Street Retail

1,900 sq. ft.

Restaurant

3,900 sq. ft.

Neighborhood Center

8,143 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Champaign, IL

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Mattis Commercial Park is your top choice for lease opportunities, as it is currently home to the highest number of listings — 20 retail space(s). The most popular space type here is Freestanding. You can find 2 such listing(s) here.

Champaign’s second most popular area is Southgate Ayreshire, where you can find 12 retail listing(s). The most likely type of space you can rent here is Strip/Convenience. If this is the kind of property you are looking for, you will find 2 listing(s) available here.

Downtown Champaign is also among the best areas to search for your next commercial space. Here you can find 12 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Champaign, IL

Mattis Commercial Park

Southgate Ayreshire

Downtown Champaign

Baytowne

In Town

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Champaign, IL Retail Space for Lease

West Town Center

229 S Mattis Ave

901 S Neil St

2510 Village Green Pl

1741 W Kirby Ave

1422 South Neil Street

2407 Village Green Pl

Champaign Commons

Beverly Plaza

1502 North Prospect Avenue

Rural Kings

Retail Space Rents in Champaign, IL

Retail Space Lease Types in Champaign, IL

Most Common Type of Lease for Retail Buildings in Champaign, IL

Average Size of Retail Space for Lease in Champaign, IL

Retail Space Types You Can Lease in Champaign, IL

Number of Retail Spaces for Lease in Champaign, IL, by Use Type

Average Retail Listing Size in Champaign, IL, by Use Type

Top Locations to Lease Retail Space in Champaign, IL

Top Locations to Lease Retail Space in Champaign, IL

Key Factors to Consider When Choosing a Retail Space for Lease

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