- 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.
True
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