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2401 Maloney Dr 13,000 SF of Retail Space Available in Bloomington, IL 61704
HIGHLIGHTS
- One block off Veterans Parkway with 40K+ daily traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,000 SF | Negotiable | $18.84 CAD/SF/YR $1.57 CAD/SF/MO $244,984 CAD/YR $20,415 CAD/MO | Triple Net (NNN) |
1st Floor
2401 Maloney Drive offers a prime leasing opportunity in Bloomington’s most active retail corridor. This 13,000-square-foot freestanding building is located just off Veterans Parkway, a major thoroughfare with daily traffic exceeding 40,000 vehicles. The property is surrounded by a robust mix of national retailers including Chipotle, Starbucks, Dollar Tree, and Potbelly, ensuring consistent consumer draw and brand synergy. Offered at $13.50/SF NNN, this location is well-suited for regional or national tenants looking to expand into Central Illinois with confidence.
- Lease rate does not include utilities, property expenses or building services
- Ample parking and strong signage visibility
- 13,000 SF building with modern construction
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 13,000 SF | Gross Leasable Area | 13,000 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Department Store | Parking Ratio | 3.31/1,000 SF |
| Total Space Available | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 13,000 SF |
| Year Built | 2005 |
| Parking Ratio | 3.31/1,000 SF |
ABOUT THE PROPERTY
SVN Core 3 Commercial Real Estate is pleased to present for sale or lease this 13,000 square foot retail building located just one block off the vibrant Veterans Parkway corridor, which boasts daily traffic counts exceeding 40,000 vehicles. The property sits within a thriving commercial hub surrounded by major national retailers, including Starbucks, Krispy Kreme, Chipotle, Jersey Mike’s, Men’s Wearhouse, Jet's Pizza, Dollar Tree, Jimmy John’s and Potbelly. Bloomington-Normal, with a combined population of more than 160,000, is strategically positioned between three major cities, Chicago, St. Louis, and Indianapolis. The area serves as the headquarters for State Farm and Country Financial and is home to major employers such as Rivian Automotive’s manufacturing plant and Ferrero Chocolates’ first North American production facility. The community continues to experience steady growth and benefits from the presence of both Illinois State University and Illinois Wesleyan University.
NEARBY MAJOR RETAILERS
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2401 Maloney Dr
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