• 311 S Veterans Pkwy, Normal, IL 61761

For Sale

Retail

For Sale

This property is available for sale
3.74
Acres
$5,200,000
Sale Price
  • Total Building Size
    17,716 RSF
  • Overview

    The Shoppes at College Hills is ideally located on the corner of Veterans Parkway (Historic U.S. 66), which is the prominent retail corridor in Bloomington-Normal, and College Avenue, which connects the open-air shopping center to Illinois State University (20,635 students and 3,654 faculty & staff). In addition to the properties contained in this investment portfolio the center provides a combination of quality national and local retailers such as Von Maur, Target, Hobby Lobby, Starbucks, Xfinity, LOFT, Joe’s Station House, Flat Top Grill and Massage Envy.
    Bloomington-Normal is the home to State Farm, COUNTRY Financial, the Central Illinois Regional Airport, Illinois State University, Illinois Wesleyan University, Heartland Community College, Advocate BroMenn Healthcare, OSF St. Joseph Medical Center and many other nationally-recognized entities.
    Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale a portfolio containing three adjacent retail buildings located in the Shoppes at College Hills in Normal, IL. These buildings are located in the Plaza tract within the Shoppes at College Hills providing prime frontage and visibility along Veterans Parkway.
    This portfolio has minimal Landlord responsibilities with national tenants. Tenants include T-Mobile, Panda Express, Logan’s Roadhouse and Beauty Brands. This investment package is part of a larger portfolio in the Plaza Tract. The buyer of these properties will be obligated to pay its proportionate share for all operating expenses associated with the non-exclusive common areas of joint use and benefit within the shopping center, which shall be defined in a cost-sharing agreement.

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Property Details

The Shoppes at College Hills is ideally located on the corner of Veterans Parkway (Historic U.S. 66), which is the prominent retail corridor in Bloomington-Normal, and College Avenue, which connects the open-air shopping center to Illinois State University (20,635 students and 3,654 faculty & staff). In addition to the properties contained in this investment portfolio the center provides a combination of quality national and local retailers such as Von Maur, Target, Hobby Lobby, Starbucks, Xfinity, LOFT, Joe’s Station House, Flat Top Grill and Massage Envy.
Bloomington-Normal is the home to State Farm, COUNTRY Financial, the Central Illinois Regional Airport, Illinois State University, Illinois Wesleyan University, Heartland Community College, Advocate BroMenn Healthcare, OSF St. Joseph Medical Center and many other nationally-recognized entities.
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale a portfolio containing three adjacent retail buildings located in the Shoppes at College Hills in Normal, IL. These buildings are located in the Plaza tract within the Shoppes at College Hills providing prime frontage and visibility along Veterans Parkway.
This portfolio has minimal Landlord responsibilities with national tenants. Tenants include T-Mobile, Panda Express, Logan’s Roadhouse and Beauty Brands. This investment package is part of a larger portfolio in the Plaza Tract. The buyer of these properties will be obligated to pay its proportionate share for all operating expenses associated with the non-exclusive common areas of joint use and benefit within the shopping center, which shall be defined in a cost-sharing agreement.

  • Property Type
    Retail
  • Sale Price
    $5,200,000
  • Total Building Size
    17,716RSF
  • Total Acres
    3.74
  • Property ID
    2095909

Landlord's Sales Representative

  • Ryan Murphy, CCIM
    Coldwell Banker Commercial Devonshire Realty