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- LoopNet Team
403 N Veterans Pkwy
Bloomington, IL 61704
Price Change | Fresh Thyme & Great Escape · Retail Property For Sale
PROPERTY FACTS
- Supermarket
- General Retail Storefront
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Air Conditioning
About 403 N Veterans Pkwy , Bloomington, IL 61704
INVESTMENT HIGHLIGHTS: Dominant Grocery Anchored Asset - Anchored by Fresh Thyme Farmers Market, founded in 2012, they have grown to over 75 stores. This family friendly grocer is a main attraction in the retail corridor. - Fresh Thyme opened in May, 2017 while Great Escape opened in April, 2016 - ±$2MM invested into the asset between Landlord’s renovation and TI contribution - Proven tenant with improving, year-over-year sales Irreplaceable Location With Exceptional Visibility and Accessibility - The center is ideally positioned directly across the street from: - OSF St. Joseph Medical Center which is 1 of only 41 hospitals in the U.S. to continuously earn an “A” rating in patient safety and is a designated Magnet Hospital (the highest honor in health care from the American Nurses Credentialing Center - Eastland Mall – a ±768,800 SF mall with approximately 75 retail tenants - Located only one block from: - The Empire Crossing Shopping Center – a ±253,000 SF, Dick’s-anchored shopping center with 27 total retail tenants Recent Leasing Momentum - The Great Escape has demonstrated strong commitment to this site by inking an extension through September 2026. Highly Trafficked Super Regional Trade Area - The asset is positioned along highly trafficked thoroughfare of Bloomington at the intersection of Eastland Drive and North Veterans Pkwy, combined traffic counts of 60,000 VPD. Outstanding Demographics - Within a 5-mile radius the average household income boasts over $80,000 and over 133,000 people. Daytime population soars with over 61,000 in a one-mile radius. Unencumbered Asset - Offered free and clear of any existing financing, a new investor can take advantage of historically low interest rates and ample availability in the capital markets to significantly enhance returns through aggressive capitalization structures.
Links
PROPERTY TAXES
Parcel Number | 21-02-251-018 | Improvements Assessment | $1,883,119 |
Land Assessment | $675,078 | Total Assessment | $2,558,197 |
PROPERTY TAXES
Listing ID: 17038022
Date on Market: 2019-08-27
Last Updated:
Address: 403 N Veterans Pkwy, Bloomington, IL 61704
The Retail Property at 403 N Veterans Pkwy, Bloomington, IL 61704 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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