Free-Standing Warehouse with Single
For Sale
Contact for pricing
420 Olympia Drive, Bloomington, IL 61704
Free-standing warehouse leased entirely by Tesla and expanded from 65% occupancy to full building within six months.
Property SizeContact for details
Days on Market121
Property Features for 420 Olympia Drive
General Information
Standard status
Active
Property subtype
Industrial, Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Axis 360 Commercial Real Estate Specialists
(309) 664-3617
Listed By:
Meghan O'Neal-Rogozinski, CCIM · License #Bloomington IL 475159841
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:05AM
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 Axis 360 Commercial Real Estate Specialists
Investment Insights
Based on property information with market context.
This is a free-standing warehouse currently leased entirely by Tesla. The tenant expanded its occupancy from 65% of the building to 100% within the first six months of operation. Tesla is also investing its own capital into the property as it grows its business at the location.
The property is located on the east side of Bloomington at 420 Olympia Drive. It is offered for sale as a leased asset with the existing single-tenant occupancy in place.
The property is located on the east side of Bloomington at 420 Olympia Drive. It is offered for sale as a leased asset with the existing single-tenant occupancy in place.
Key Highlights
- Entire free‑standing warehouse at 420 Olympia Drive is leased to Tesla
- Tesla expanded occupancy from 65% to 100% within the first six months of operation
- Tesla is investing its own money into the property with plans to grow its business there
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61704, IL
37,129
Population
16,529
Households
2.2
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
1,954
Density / Sq Mi
$93,107
Median Household Income
$59,072
Median Earnings
$1,094
Median Rent
$242,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing warehouse leased entirely by Tesla and expanded from 65% occupancy to full building within six months.
Where is this warehouse located?
The property is located at 420 Olympia Drive Bloomington, IL.
What are key features of this property?
This property features: Entire free‑standing warehouse at 420 Olympia Drive is leased to Tesla; Tesla expanded occupancy from 65% to 100% within the first six months of operation; Tesla is investing its own money into the property with plans to grow its business there
