2401 N Bloomington St - Storefront FOR SALE


Streator, IL 61364
$2,150,000 USD
312-269-0220
2401 N Bloomington St, Streator, IL for Sale
$2,150,000 USD
Storefront - FOR SALE
1/1
null | 7.15% Cap Rate

2401 N Bloomington St
Streator, IL 61364


OVERVIEW

??Stabilized Investment Opportunity - 100% leased multi-tenant retail center with all tenants signed to landlord favorable net-leases with a WALT greater than 6.25+ years ??Recent Leasing Momentum - The property has demonstrated strong leasing momentum over the past 12 months, highlighted by the execution of three new long-term 5- and 10-year net leases with multiple renewal options and rental increase ?Exceptional Location - The asset is strategically positioned at a signalized corner along Streator's primary retail thoroughfare, with traffic counts exceeding 20,462 VPD, providing excellent visibility and accessibility ?Strong Tenant Mix - The property is anchored by a complementary mix of food-service users and traditional retailers, all benefiting from limited competition within the market ??Walmart Shadow-Anchor - The property is shadow-anchored by a Walmart Supercenter generating over 1.2 million annual visitors, driving significant traffic to the center from surrounding communities. This is the only Walmart within a 16-mile radius ??Neighboring National Tenants - Surrounded by national tenants such as; Walmart, Kroger, ALDI, Dunkin', Dairy Queen, Taco Bell, Verizon, Rent-A-Center, Dollar Tree, and more

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

0060 Commercial

APN/PARCEL ID

33-13-309002

ASK ABOUT THIS PROPERTY

Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

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Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.