500 N Walnut St

500 N Walnut St, Champaign, IL 61820

Property Information

  • For Lease $20.00 - $30.00/SF/YR
  • Property Type Retail
  • Date Updated May 19, 2026

Description

New Market Commons is Champaign’s newest re-purposed building project consisting of roughly 40,000 SF on 1.5 acre site at the northeast edge of the revitalized Downtown Champaign. Currently there are 6 tenant spaces available from 1,782 SF to 5,990 SF. See floor plan and price list for more information. Construction/renovation began in Spring 2018 and were completed by in fall 2018. Individual spaces to be delivered as per the following: Storefront per elevations, Finished demised space, Electrical and Lighting to code, Sealed concrete floor, 1 ADA restroom, and separate HVAC & Electrical. Ownership is willing to consider additional buildout for qualified tenants. Property is broker owned.

1 Space Available

Space Available

Space Type

Retail

Lease Rate

$20.00 - $30.00/SF/YR

Total Space

38,540 SF

Divisible Space

1,782 - 5,990 SF

Lease Type

Modified Gross

Sublease

No

Build Type

Full build out

Contacts

AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

Location

Located at 500 N Walnut St, Champaign, IL 61820, this property is part of the Downtown Champaign neighborhood.

Contact Listing Broker
AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

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