S Philo Rd

For Lease 16,658 SF

S Philo Rd, Urbana, IL 61802

This former CVS Pharmacy is a well-maintained, freestanding commercial building offering over 16,000 square feet of flexible retail or medical space on 1.35 acres (two parcels). The building includes a functional drive-thru pharmacy lane, 77 dedicated parking spaces, 3-phase power (1,200 Amps, 208Y/120V), 16.5-foot clear ceiling heights above a 14-foot drop ceiling, and a large walk-in display cooler, supporting a wide range of high-traffic uses including healthcare, grocery, specialty retail, quick-service concepts, fitness, or financial services. Designed for maximum visibility and accessibility, the property features an efficient interior layout, prominent signage opportunities, dual ingress/egress, and infrastructure that significantly reduces tenant build-out costs. Built to modern commercial standards and exceptionally maintained, the site presents a move-in ready opportunity for tenants seeking a high-quality facility with strong infrastructure. The property is currently available for sublease, offering flexible occupancy terms.

Rental Details

  • Number of spaces 1
  • Total square feet available 16,658 SF
  • For Lease $10.00/SF/YR
  • Space Type Retail
  • Lease Type Modified Gross
  • Latest Update Aug 28, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

1 Space Available

Space Available

Space Type
Retail
Lease Rate
$10.00/SF/YR
Total Space
16,658 SF
Lease Type
Modified Gross

Contacts

Nick Ragle

Coldwell Banker Commercial Devonshire Realty

Building Details

  • For Lease $10.00/SF/YR
  • Property Type Retail
  • Property Size 16,658 SF
  • Lot Size 56,620 SF
  • Additional Rent Price on request
  • Year Built 1998
  • Date Updated Aug 28, 2026

Location

  • City Urbana, IL
  • Neighborhood Urbana
  • Zip Code 61802
  • Bike score 38/100 Somewhat Bikeable
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Points of Interest

Champaign-Urbana

4.63 miles

BP

2.33 miles

Marathon

2.54 miles

Thorntons

3.23 miles

Walmart

3.51 miles

Murphy USA

3.74 miles

Circle K

3.75 miles

Casey's General Store

3.82 miles

ChargePoint

4.18 miles

Tesla Supercharger

6.93 miles

Meadowbrook Park parking-north

1.63 miles

Meadowbrook Park parking-west

1.66 miles

F22

2.68 miles

F27

2.68 miles

F26

2.76 miles

F25

2.80 miles

E23

3.01 miles

F12

3.23 miles

E9

3.25 miles

F6

3.27 miles

Meijer

1.70 miles

ALDI

3.25 miles

Schnucks

3.33 miles

Common Ground

3.50 miles

Lincoln Square

3.53 miles

Walmart Supercenter

3.59 miles

Harvest Market

3.69 miles

World Harvest

3.72 miles

TJ Maxx

5.94 miles

Kohl's

5.99 miles

Listing Summary

  • The Price for Retail Space at S Philo Rd

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to S Philo Rd, asking rent starts at $$10.00/SF/YR per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at S Philo Rd

    The property exclusively contains Retail space totaling 16,658 square feet. The leasing opportunity here is available under Modified Gross lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Nick Ragle
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