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    107 Mall Dr, Unit B Normal, IL 61761

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    For Lease
    $14 SF/Yr

    5,187 SF retail/office space near College Hills Mall.

    Property size:
    29,775 SF
    Lot size:
    29,775 SF

    Property Features for 107 Mall Dr

    General Information

    Size
    29,775 SF

    Building Details

    Year built
    1986

    Source: Carrie Tinucci-Troll Agent Carrie Tinucci-Troll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail/Office Space Available

    Located just off the intersection of College Ave and Veterans Parkway, Suite B at 107 Mall Drive offers 5,187 SF of retail or office space. The suite features a wide-open front area suitable for various uses, along with a spacious back storage area that includes two offices. A large room is also available, which can be utilized as a conference or gathering area. The property is situated in a bustling commercial development, adjacent to Target and College Hills Mall, with numerous retail and dining options nearby. Neighboring tenants include LVL Up Coffee, Magnolia Salon & Sweetbay Boutique, KBL Design Center, and Jill S. Young Family Dental Center. The property is zoned B-1 for General Business District and is located in a highly trafficked area. This is a NNN lease, with fees not to exceed $3.00/SF. Suite B at 107 Mall Drive is located in the retail strip center just north of Target and College Hills Mall, off College Ave and Veterans Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jill S Young ... Dentist Gerado Medical Group Medical Group KBL Design Center ... Outdoor Furniture Store Sweetbay Boutique Boutique Lvl Up Coffee ... Coffee Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    McLean
    State
    Illinois
    Longitude
    -88.9567367
    Latitude
    40.5092186

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    FAQs

    What type of property is this?
    Retail space - 5,187 SF retail/office space near College Hills Mall.
    Where is this retail space located?
    The property is located at 107 Mall Dr, Unit B Normal, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location off College Ave. and Veterans Parkway, adjacent to Target and College Hills Mall.; - 5,187 SF of versatile retail or office space.; - Spacious back storage area with two offices and a large conference/gathering room.
    (331) 452-6860
    Request Owner's contact information
    107 Mall Dr, Unit B Normal, IL 61761
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    Normal, IL 61761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Mall Dr, Unit B Normal, IL 61761
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