Walmart Shadow-Anchored Retail
For Sale
Contact for pricing
Pending
2243 Westgate Dr, Bloomington, IL 61705
Shadow-anchored shopping center with a Walmart Supercenter and 1.08-acre undeveloped outparcel, currently 30% leased.
Property Size26,400 SF
Lot Size5.32 Acres
Days on Market121
Property Features for 2243 Westgate Dr
General Information
Standard status
Pending
Size
26,400 SF
Lot size
5.32 Acres
Property subtype
Retail
Occupancy
30%
Building Details
Year Built
2006
Listing Agency:
Anchor Net Lease
Listed By:
Ryan O'Connell · License #BR575729000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anchor Net Lease
Investment Insights
Based on property information with market context.
The property is an approximately 26,400+/- rentable-square-foot Walmart Supercenter shadow-anchored shopping center on a 4.242-acre parcel, including a 1.08-acre undeveloped outparcel. Originally developed in 2006 and immediately leased up, the center was later mismanaged and placed into foreclosure. Currently, the property is 30% leased to an Antique Mall, with the lease term expiring in May 2024.
The center is positioned along Highway 150, located about one mile west of Interstate 74/55 in Bloomington, Illinois. To the south, the Walmart outparcel includes newly constructed Tractor Supply Company, Heartland Bank, and McLean County Farm Bureau.
Given the surrounding retail mix and hospitality uses, the site supports ongoing tenant demand in a concentrated shopping and hotel/motel area along Highway 150.
The center is positioned along Highway 150, located about one mile west of Interstate 74/55 in Bloomington, Illinois. To the south, the Walmart outparcel includes newly constructed Tractor Supply Company, Heartland Bank, and McLean County Farm Bureau.
Given the surrounding retail mix and hospitality uses, the site supports ongoing tenant demand in a concentrated shopping and hotel/motel area along Highway 150.
Key Highlights
- Approximately 26,400 rentable SF Walmart Supercenter shadow‑anchored shopping center off Highway 150 in Bloomington, IL
- 4.242‑acre parcel includes a 1.08‑acre undeveloped outparcel
- Center is currently 30% leased to an Antique Mall through May 2024
Property Analytics
Current Use
Lease Details
30%
Occupancy
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
167k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Apparel 18%
Shops & Services 12%
Groceries 9%
Walmart
Superstores
80,975 visits/mo
0.2 miles
Blain's Farm & Fleet
Apparel
29,443 visits/mo
0.3 miles
Marathon
Shops & Services
19,426 visits/mo
0.1 miles
Aldi
Groceries
14,738 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,982 visits/mo
0.0 miles
Demographics for 61705, IL
14,682
Population
5,378
Households
2.7
Avg Household Size
39
Median Age
57%
College-Educated
98%
High-School Grad
86.9 sq mi
ZIP Area
169
Density / Sq Mi
$120,470
Median Household Income
$67,609
Median Earnings
$1,294
Median Rent
$310,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Shadow-anchored shopping center with a Walmart Supercenter and 1.08-acre undeveloped outparcel, currently 30% leased.
Where is this shopping center located?
The property is located at 2243 Westgate Dr Bloomington, IL.
What are key features of this property?
This property features: Approximately 26,400 rentable SF Walmart Supercenter shadow‑anchored shopping center off Highway 150 in Bloomington, IL; 4.242‑acre parcel includes a 1.08‑acre undeveloped outparcel; Center is currently 30% leased to an Antique Mall through May 2024
