1006 Jc Pky - Retail FOR SALE


Bloomington, IL 61705
$1,300,000 USD
309-664-3617
1006 Jc Pky, Bloomington, IL for Sale
$1,300,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

1006 Jc Pky
Bloomington, IL 61705


HIGHLIGHTS

  • Value Add Opportunity
  • Lighted Intersection
  • High Traffic area with new Quick Trip across street
  • Walmart Shadow Anchored Center

OVERVIEW

This property is a multi-tenant retail strip center shadow anchored by Walmart, located just off the I-74/I-55 Interstate interchange. The property is less than 5 minutes to Rivian Automotive and to Downtown Bloomington. Property is anchored by Cookies cannabis dispensary. Call for details on NOI, lease terms, etc. Strong Economic Drivers: Bloomington-Normal is a desirable market with a diversified economy. Bloomington is the county seat of McLean County, IL and the world headquarters to State Farm Insurance (14,500 employees) and Country Financial (2,025 employees), Other major employers that provide industry diversification, Illinois State University (3,940 employees), Rivian Automotive (7,500 employees), and OSF Healthcare (1,286 employees), others include Nussbaum Transportation, Beer Nuts Brand Snacks, and McLean County is one of the most productive agricultural areas in the nation, which attracted Brandt Industries to the community. The twin cities are serviced by four major railroad lines and Amtrak, as well as air transportation at the Central Illinois Regional Airport, which services commuter, corporate, and private aircraft. Strong College Community Demographics: Normal is home to Illinois State University (20,784 students) and Heartland Community College (5,280 students). The community also boasts higher education at Illinois Wesleyan University in Bloomington with 1,649 students. All of the higher ed institutions have been on a growth trajectory, adding engineering programs, growing their business incubators, healthcare programs and more. Strong National Recognition: Bloomington Ranks #64 in Best Places to Live in the US in 2022 Bloomington-Normal is ranked in the top 10 among “Most Livable College Towns in America” Strategistico, 2022 Bloomington-Normal is ranked in the top 20 among “Most Livable Small Cities in the U.S.” Bloomington-Normal is ranked #3 in Illinois among “Start-Up City Rankings” Bloomington-Normal is ranked #1 among the "Happiest City in America"

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,173 SF

ZONING

B1

APN/PARCEL ID

20-01-200-054

ASK ABOUT THIS PROPERTY

Meghan O'Neal-RogozinskiAXIS 360 Commercial Real Estate SpecialistsMore Info
309-664-3617

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Meghan O'Neal-RogozinskiAXIS 360 Commercial Real Estate SpecialistsMore Info
309-664-3617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.