NORMAL, Illinois
| Asking Price |
$8,550 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Available. |
|
| Annual P/L |
$0 |
Attention |
Ted Aretos |
|
| Annual Cash Flow |
$0 |
Listing Number |
1020226 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: For Lease Commercial Properties |
|
Business Overview:
Parkway Plaza Retail Space Normal, IL - Walmart Supercenter Outlot!
“Lease Just One Or Both & Adjoin Them - Prime Veterans Parkway Retail Corridor - 58,000+ Vehicles Daily - Surrounded By National Retailers”
Position your business in one of Bloomington-Normal’s established retail destinations! Two adjacent storefronts are available for lease at 1700 Parkway Plaza Dr, offering flexibility for independent businesses, established operators and expanding franchises. This multi-tenant, single-story strip center features attractive storefronts, prominent signage opportunities and easy, convenient customer access.
Benefit from the powerful draw of Walmart, Aldi and Meijer, three major grocery anchors within one-third mile. Established co-tenants include Cash Store, Great Clips, Pizza Hut, MR Tobacco & Vape and Star Nails. Plus, OSF Multi-Specialty Group is leasing a separate medical building on the same parcel, adding another source of customer traffic.
The vacant spaces offer flexible floor plans for tenant improvements, making them ideal for specialty retail, wireless stores, insurance agencies, financial services, tax preparation, health and wellness businesses, learning centers, professional services and qualifying national or regional food franchises. Bring your concept to a busy, established shopping destination with built-in daily customer traffic from neighboring anchors and co-tenants.
Listed by Ted Aretos at EatZ & Associates
Property Features and Assets:
<p>Just east of Veterans Parkway, with another ~24,630 vehicles daily on Fort Jesse Road. Signalized intersections at Fort Jesse/Greenbriar and Fort Jesse/Landmark provide convenient access to the shopping development. Nearby Michaels, Panera Bread, Portillo’s, Dave’s Hot Chicken, Sonic and many other established businesses create a dynamic shopping and dining environment. </p><p>About 1.4 miles from an I-55 exit, 2.4 miles from the Bloomington-Normal Amtrak station and 4.5 miles from Central Illinois Regional Airport. The center offers a highly visible pylon sign and 70 parking spaces, plus Walmart parking.</p><p>SqFt: 1,050 Each<br>Lease: $2,850/Mth Gross Each ($23/SqFt/Yr NNN + Est. Taxes & CAM $9.57/SqFt/Yr). New Lease With Options. Terms, Security Deposit & Renewals Negotiable.<br>Property: 9,700 SqFt One-Story Multi-Tenant Strip Center On 1.69 Acres. Built 1993. Class B. Zoning B-1 Commercial. PIN 14-26-201-005.<br></p>
Market Competition and Expansion:
<p>Strong demographics and powerful economic drivers make this an ideal trade area for growth. The surrounding area offers an established residential population, substantial daytime employment and a diverse economic base. </p><p>Within a 3-mile radius are ~83,394 residents, 32,491 households, a $76,911 median household income and 59,955 daytime employees. Bloomington-Normal benefits from major employers including regional healthcare providers, State Farm, Country Financial and Rivian Automotive. Rivian’s ongoing manufacturing and supplier investments strengthen the region’s economic outlook and create opportunities for businesses serving employees, residents and visiting customers. </p><p>Nearby Illinois State University, with ~21,577 students enrolled for fall 2026, further supports the area’s residential, employment and consumer base. These residents, students and daytime employees create a deep pool of potential customers for retail, service, professional and food concepts. </p><p>An excellent opportunity to establish a new location or expand your existing business alongside nationally recognized retailers in a convenient, high-traffic Bloomington-Normal shopping destination!<br></p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity