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1601 W Market St
Bloomington, IL 61701
Retail Property For Sale
Investment Highlights
- New 5 year extension demonstrates commitment to location with 15 year occupancy history
- Top 10 College Town – located less than 2.5 miles from both Illinois State University and Illinois Wesleyan University
- Neighboring national tenants including: Chase, Popeyes, Culver’s, Taco Bell, KFC, Arby’s, Family Dollar, Pilot Travel Center and more
- Leased to Advance Auto Parts (NYSE:AAP) – Investment Grade Tenant, Declared an essential business
- Excellent Visibility – Located on main throughfare (20,000 VPD) to Downtown Bloomington, both Universities, and ingress/egress of I-55/I-74
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.24 AC
Zoning
B-1
Frontage
132’ on Market St
About 1601 W MARKET ST , BLOOMINGTON, IL 61701
The 6,000 SF building is leased to Advance Auto Parts who recently executed a 5 year option demonstrating their commitment to this location. This property is strategically located less than two blocks from I-55/I-74 along Market Street, the main artery to Bloomington’s downtown district, Illinois State University, and Wesleyan University. Bloomington, IL was recently ranked one of the Top 10 College Towns and one of the fastest growing metropolitan areas in Illinois.
Property Taxes
| Parcel Number | 21-05-151-010 | Improvements Assessment | $154,869 |
| Land Assessment | $67,289 | Total Assessment | $222,158 |
Property Taxes
Parcel Number
21-05-151-010
Land Assessment
$67,289
Improvements Assessment
$154,869
Total Assessment
$222,158
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