Your email has been sent.
Bloomington Lease Retail Development 2408 MARKET st 2,500 - 60,000 SF of Retail Space Available in Bloomington, IL 61705
Highlights
- Situated near the Rivian Automotive plant (8,000+ employees)
- Shovel-Ready Mixed-Use Project: A fully approved, 77-acre luxury mixed-use community in Bloomington, IL, ready for immediate construction.
- High-Credit Fast Casual Cluster
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500-60,000 SF | Negotiable | $47.53 CAD/SF/YR $3.96 CAD/SF/MO $2,851,800 CAD/YR $237,650 CAD/MO | Triple Net (NNN) |
1st Floor
Shops at Supplier Park presents a premier retail leasing opportunity within a planned mixed-use development in Bloomington-Normal, Illinois.? With spaces available from 2,500 SF to 60,000 SF, the project is designed to accommodate a wide range of retail, restaurant, service, medical, fitness, entertainment, and daily-needs users.? The site is strategically positioned near Rivian’s major Normal, Illinois manufacturing campus, where Rivian produces consumer and commercial electric vehicles.? Rivian has also announced a nearly $120 million supplier park investment near its Normal plant, further strengthening the area’s employment base, supplier ecosystem, and long-term growth trajectory.? Located within a growing residential and commercial corridor, the retail component is positioned to serve future on-site residents, nearby employees, Rivian-related workforce demand, visitors, and the surrounding Bloomington-Normal community.? The development offers excellent visibility, flexible suite configurations, convenient parking, and strong co-tenancy potential within a newly planned destination environment.? Lease opportunities are available from $20.00 – $35.00 PSF NNN, depending on suite size, location, buildout, and tenant use.? This is an ideal opportunity for retailers seeking early positioning within a high-growth market anchored by residential density, expanding employment drivers, and Rivian’s continued investment in Central Illinois.?
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 60,000 SF | Gross Leasable Area | 60,000 SF |
| Min. Divisible | 2,500 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Under Construction |
| Total Space Available | 60,000 SF |
| Min. Divisible | 2,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 60,000 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
About the Property
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.
Nearby Major Retailers
Presented by
Bloomington Lease Retail Development | 2408 MARKET st
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.