2401 Maloney Dr - Department Store FOR SALE


Bloomington, IL 61704
$1,695,000 USD
217-722-3584
2401 Maloney Dr, Bloomington, IL for Sale
$1,695,000 USD
Department Store - FOR SALE
1/14
null | 8% Cap Rate

2401 Maloney Dr
Bloomington, IL 61704


HIGHLIGHTS

  • Retail Heavy Traffic
  • 100% Occupancy
  • Long Standing Tenant
  • Expanding Community

OVERVIEW

SVN Core 3 Commercial Real Estate is pleased to market for sale a single tenant building with a long standing tenant, Friar Tuck Beverage. Friar Tuck Beverage has been operating at this location since the building was built in 2005 and has executed multiple renewal options demonstrating their commitment to the site. The 13,000 square feet building is located just one block off of the vibrant Veterans Parkway with daily traffic counts in excess of 40,000. The property is located within a bustling commercial area with several major retailers including: Starbucks, Krispy Kreme, Chipotle, Jersey Mike’s, Men’s Warehouse, Rosati’s, Jimmy John’s, Potbelly, Gamestop, Noodles and more…. Bloomington/Normal (population 130,000+) is centrally located between 3 major cities, Chicago, St. Louis and Indianapolis. Additionally, it is the headquarters to State Farm and Country Financial. Bloomington/Normal is also the new home to the manufacturing plant for Rivian Automotive and the home to the first North American manufacturing center of Ferrero Chocolates. It is a growing community which includes Illinois Wesleyan University and Illinois State University.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2401 Maloney

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,513 SF

ZONING

B-1

APN/PARCEL ID

21-02-255-001

ASK ABOUT THIS PROPERTY

Jill SprattSVN | Core 3More Info
217-722-3584

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Jill SprattSVN | Core 3More Info
217-722-3584

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