For Sale
$1,350,000

1809 Eastland DrBloomington, IL 61704

Added:
Dec 11, 2024
Days on market:
125

Highlights

  • Fee simple ownership of a NNN-leased Monro Auto Service property in Bloomington, IL. Approximately four years remaining on the lease with three five-year options to extend, including 10% rent increases per option.
  • Absolute NNN lease with limited landlord responsibilities.
  • Strong retail location with nearby national tenants including Walmart, Target, and Lowe's, creating a dense retail trade area.
  • Excellent demographics: Proximity to Western University (9,441 students), Illinois State University (21,039 students), two major medical centers, and a regional airport.
  • High-traffic location at a signalized intersection of State Highway 55 (54,000 VPD) and Eastland Drive, with additional access to State Highway 9 (23,900 VPD).
  • Strong demographics within a five-mile radius, including over 131,000 residents and 103,000 daytime employees with an average household income exceeding $98,000.

Property Details for 1809 Eastland Dr

Property type
Retail properties, Auto shops
Square Feet
10,676 SF
Year Built
1994
Lot Size (sq. ft)
31,363 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.4835712
Longitude
-88.9470648
1809 Eastland Dr, Bloomington, Illinois

FAQs

Where is the retail property located?
The property is located at 1809 Eastland Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fee simple ownership of a NNN-leased Monro Auto Service property in Bloomington, IL. Approximately four years remaining on the lease with three five-year options to extend, including 10% rent increases per option.; Absolute NNN lease with limited landlord responsibilities.; Strong retail location with nearby national tenants including Walmart, Target, and Lowe's, creating a dense retail trade area.
How can I contact the broker?
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1809 Eastland Dr
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