Subject property is an outlot of Sunnycrest shopping center and adjacent to Walgreens and McDonalds on Philo Rd.. This .98 Acre site has 250′ of frontage with good ingress/egress on Philo Rd. and is ample size for a variety of uses. Subject property lies within the City of Urbana Enterprise Zone and is eligible for other city incentives ( http://www.urbanaillinois.us/incentives ). The B-3- General Business zoning allows for a wide range of uses. Ownership will consider a ground lease or build-to-suite option for this property in addition to selling it outright.
| Property Type | Land -Retail |
|---|---|
| Zoning | B-3 General Business |
| Listing ID | 29QKZ9 |
| Style | Not Applicable |
| Lot Size | 42494 AC |
Area Description: Property is location in the heart of the Philo Road Business District, as an outlot of Sunnycrest. Property is surrounded by businesses, high density multi-family, and single family residences. The Philo Rd business district is southeast Urbana and is comprised of businesses such as: Walgreens, CVS, McDonalds, Burger King, Meijer, County Market, Family Video, Sprint, and many more. Traffic Counts: Philo: 9,500 VPD Florida Ave.: 5,100 VPD