Stabilized Multi-Tenant Office Investment in the Heart of Champaign, Illinois

Investment Overview

2004 Fox Drive is a 25,100-square-foot, single-story Class B office building located on Fox Drive in Champaign, Illinois. Built in 1988 and situated on 2.26 acres, the Property features eight (8) units, a prominent monument sign along Fox Drive, and ample on-site parking with 98 spaces (3.9/1,000 SF). Currently 68.6.6% occupied, the building is home to a diverse mix of tenants including Believers and Achievers, Finisar Corporation, Westchester Group Investment Management, Accent Counseling, Champaign Clinic, and Bret D. Kroenke Insurance & Financial Services, with one 2,500-square-foot suite available for lease. Zoned CO: Commercial Office District, the Property offers stable in-place income with upside potential, generating a net operating income (NOI) of approximately $163,606. The surrounding area features a mix of retail and office uses, with nearby national and regional retailers such as Harvest Market, ACE Hardware, Starbucks, Moe’s Southwest Grill, Smoothie King, Oberweis Ice Cream, Taco Bell, Steak ’n Shake, and McDonald’s. Major employers in the region include the University of Illinois, Carle Health Systems, Kraft-Heinz, and Presence Health.

Investment Highlights

• Strong occupancy at 68.6% with six (6) established tenants all on NNN leases
• Attractive income stream producing a net operating income (NOI) of approximately $163,606
• Strategic location near the University of Illinois, Carle Health Systems, and major area employers
• Zoned CO: Commercial Office District allowing for flexible office and related service uses