2611 E Oakland Ave | Bloomington, IL 61701
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- LoopNet Team
2611 E Oakland Ave
Bloomington, IL 61701
Walgreens $5.5M 15Yr Abs NNN Rental Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- Recent third-party reports will be provided to buyer.
- Across from State Farm Insurance Headquarters with 2.96 Million SF and 15,000 Employees.
- 20+ year operating history.
- Absolute net lease with zero landlord responsibilities.
- OSF St. Joseph Medical Center 1 Mile North with 149 Beds and 1,000 Employees.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,940 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.87 AC
Parking
30 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
196’ on Oakland Ave
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 21-11-128-006 | Improvements Assessment | $187,788 |
| Land Assessment | $145,212 | Total Assessment | $333,000 |
PROPERTY TAXES
Parcel Number
21-11-128-006
Land Assessment
$145,212
Improvements Assessment
$187,788
Total Assessment
$333,000
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