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Hamilton Road IOS - Bloomington, IL 1716 E Hamilton Rd 13,465 SF Retail Building Bloomington, IL 61704 $2,300,000 ($170.81/SF) 5.20% Cap Rate
Investment Highlights
- The property consists of 13,465 SF situated on 1.43 acres, offering a highly functional industrial outdoor storage configuration with yard exposure.
- The property fronts E Hamilton Road, which is currently undergoing a major widening and connectivity project.
- Strategically located between Peoria, 40 miles to the west, Springfield, 65 miles to the southwest, and Champaign, 50 miles to the east.
- Improvements include 4,703 SF of warehouse, 5,020 SF of shop/parts, and 3,742 SF of retail/office, providing flexibility for equipment dealers.
- Bloomington is a stable Central Illinois market with a population of approximately 79,000 residents and has been recognized as a Top 25 Best Places.
- Offered at $2,300,000 (5.20% CAP) on in-place income, the property provides investors the ability for immediate cash return with a mark-to-market.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 13,465 SF Hamilton Road Industrial Outdoor Storage (IOS) property located at 1716 E Hamilton Road in Bloomington, Illinois. The property sits on 1.43 acres and features a highly functional IOS configuration with yard exposure, multiple roll-up doors, and clear heights up to 18 feet, making it well-suited for a variety of industrial and service-oriented uses. Its layout supports both indoor and outdoor operational needs, a key driver of demand within today’s industrial market.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,465 SF
Building Class
B
Year Built/Renovated
1994/1995
Price
$2,300,000
Price Per SF
$170.81
Cap Rate
5.20%
NOI
$119,602
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.43 AC
Frontage
217’ on HAMILTON RD
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hamilton Road IOS
- Retailer
- 13,465 SF
- $11.00
- Jan 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hamilton Road IOS | Retailer | 13,465 SF | $11.00 | Jan 2027 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-15-254-009 | Improvements Assessment | $194,460 |
| Land Assessment | $121,188 | Total Assessment | $315,648 |
Property Taxes
Parcel Number
21-15-254-009
Land Assessment
$121,188
Improvements Assessment
$194,460
Total Assessment
$315,648
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Hamilton Road IOS - Bloomington, IL | 1716 E Hamilton Rd
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