• 1809 Eastland Drive - 1809 Eastland Drive, Bloomington, IL 61704

For Sale

Retail

For Sale

This property is available for sale
0.72
Acres
$1,440,000
Sale Price
  • Year Built
    1994
  • Total Building Size
    10,676 RSF
  • Overview

    Subject property is ideally located along Eastland Drive in Bloomington, Illinois, and provides excellent visibility and easy accessibility to the site. The building is just east of State Farm’s headquarters, OSF Healthcare and Eastland Mall. Area tenants include Lowe’s, Fresh Thyme, Schnuck’s, OSF Healthcare, State Farm, Mid-Illini Credit Union, Noodle’s, Starbucks, Chipotle, and many more
    Traffic Counts:
    Eastland Dr. – 6,500 VPD
    Veterans Pkwy. – 43,700 VPD
    The subject property is 100% leased to Davis Tire/Car-X (Monro corporate lease), who signed a brand-new 10 year lease in February 2017. The lease has built-in rental increases every 5 years, including during the option periods.

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Property Details

Subject property is ideally located along Eastland Drive in Bloomington, Illinois, and provides excellent visibility and easy accessibility to the site. The building is just east of State Farm’s headquarters, OSF Healthcare and Eastland Mall. Area tenants include Lowe’s, Fresh Thyme, Schnuck’s, OSF Healthcare, State Farm, Mid-Illini Credit Union, Noodle’s, Starbucks, Chipotle, and many more
Traffic Counts:
Eastland Dr. – 6,500 VPD
Veterans Pkwy. – 43,700 VPD
The subject property is 100% leased to Davis Tire/Car-X (Monro corporate lease), who signed a brand-new 10 year lease in February 2017. The lease has built-in rental increases every 5 years, including during the option periods.

  • Property Type
    Retail
  • Year Built
    1994
  • Sale Price
    $1,440,000
  • Total Building Size
    10,676RSF
  • Total Acres
    0.72
  • Cap Rate
    6.0%
  • Number of Floors
    1
  • Property ID
    1939922

Landlord's Sales Representative

  • Josh Markiewicz
    Coldwell Banker Commercial Devonshire Realty