2408 MARKET st, Bloomington, IL for Rent

$35.00 USD /SF/yr

Retail - For Rent
1/9
2,500-60,000 SF | 1 Space

Aug '26


2408 MARKET st
Bloomington, IL 61705


HIGHLIGHTS

  • Situated near the Rivian Automotive plant (8,000+ employees)
  • High-Credit Fast Casual Cluster
  • Shovel-Ready Mixed-Use Project: A fully approved, 77-acre luxury mixed-use community in Bloomington, IL, ready for immediate construction.

OVERVIEW

Retail & Commercial Features Optimized Retail Mix: A thoughtful 2,500 SF - 60,000 SF commercial center available for lease (Phase 1: 60,000 SF) targeting daily needs, fast-casual dining, fitness/wellness, and essential services. High-Traffic Anchors: Targeted 10,000–15,000 SF "fitness box" anchor (e.g., Planet Fitness) to drive consistent morning and evening traffic and stabilize the net operating income (NOI). High-Credit Fast Casual Cluster: Space for premium fast-casual tenants like Chipotle, Panera Bread, and Starbucks, prioritizing critical drive-thru capabilities and active outdoor patio frontage. "Sticky" Service Retail: 10,000–15,000 SF of long-term neighborhood service tenants, including UPS Stores, salons, and boutique pharmacies. Social & Experiential Spaces: Dedicated 5,000–10,000 SF for experiential retail such as a local craft brewery, gaming lounge, or sports bar to differentiate the center from regional competitors. Strategic Development Highlights Shovel-Ready Mixed-Use Project: A fully approved, 77-acre luxury mixed-use community in Bloomington, IL, ready for immediate construction. Significant Residential Density: Planned for approximately 1,100–1,200 total luxury apartments across three phases, providing a massive built-in customer base for onsite retail. Workforce-Serving Lifestyle Node: Strategically designed as a high-density, residential-serving retail village rather than a traditional regional power center. Prime Economic Hub: Includes 10 acres dedicated to retail and commercial space, creating a dynamic economic center within the development. Site Design & Construction Retail-Forward Placement: Commercial buildings are positioned along the highest-visibility roadway frontage with a dedicated parking field separate from residential parking to maximize external customer traffic. Futuristic Architectural Design: High-quality wood-frame construction featuring luxury vinyl plank flooring, LP smart siding, and a captivating "futuristic" aesthetic. Comprehensive Community Amenities: Includes a state-of-the-art community center with a swimming pool, fitness center, office spaces, and outdoor running and biking trails. Sustainable Infrastructure: Integration of Rivian-based transit solutions, extensive greenspace, and eco-friendly transportation options. Economic Position Unmatched Proximity to Major Employers: Situated near the Rivian Automotive plant (8,000+ employees), State Farm, Illinois State University, and Ferrero North America. Addressing Critical Shortage: Directly serves a regional housing shortage of approximately 8,000 units, ensuring high demand and accelerated lease-up potential. Strong Demographic Profile: Targets a blue-collar and professional hybrid demographic with average occupational wages of $57,300, s supporting mid-tier national retail chains.

RENTAL DETAILS

SPACE AVAILABLE

2,500-60,000 SF

# OF SPACES

1

RENT/MONTH

$7,292+ USD /mo

RENT RATE (MO)

$2.92 USD /SF/mo

RENT RATE (YR)

$35.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

STATUS

Under Construction

AVAILABLE

Aug 01, 2026

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

60,000 SF

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

ASK ABOUT THIS PROPERTY

Tony HardyMidwest Investment AdvisorsMore Info

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