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Investment Highlights

  • Busy Retail Corridor
  • Expanding Community

Executive Summary

SVN Core 3 is pleased to present for sale or lease this 13,000 square foot retail building located just one block off the vibrant Veterans Parkway corridor, which boasts daily traffic counts exceeding 40,000 vehicles. The property sits within a thriving commercial hub surrounded by major national retailers, including Starbucks, Krispy Kreme, Chipotle, Jersey Mike’s, Men’s Wearhouse, Jet's Pizza, Dollar Tree, Jimmy John’s and Potbelly. Bloomington-Normal, with a combined population of more than 160,000, is strategically positioned between three major cities, Chicago, St. Louis, and Indianapolis. The area serves as the headquarters for State Farm and Country Financial and is home to major employers such as Rivian Automotive’s manufacturing plant and Ferrero Chocolates’ first North American production facility. The community continues to experience steady growth and benefits from the presence of both Illinois State University and Illinois Wesleyan University.

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
13,000 SF
Building Class
C
Year Built
2005
Price
$1,560,000
Price Per SF
$120
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.07 AC
Zoning
B-1
Parking
43 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
266’ on N Prospect Dr

Nearby Major Retailers

Starbucks
Noodles
Salsarita's Fresh Mexican Grill
Commerce Bank of Missouri
TD Ameritrade
U.S. Bank
Wells Fargo Home Mortgage
Kroger
Club Pilates
Fresh Thyme Market

Property Taxes

Property Taxes

Parcel Number
21-02-255-001
Land Assessment
$145,978
Improvements Assessment
$301,124
Total Assessment
$447,102
  • Listing ID: 28290493

  • Date on Market: 4/21/2023

  • Last Updated:

  • Address: 2401 Maloney Dr, Bloomington, IL 61704

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