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Endcap Retail Suite

1605 Morrissey Dr, Bloomington, IL 61704

For Lease
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Endcap retail suite with an open floor plan, rear double-door loading, office, and multiple restrooms.

Space Size4,120 SF
Days on Market1056

Property Features for 1605 Morrissey Dr

General Information

Standard status Active
Size 4,120 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Traffic Count 35,000 vehicles/day

Spaces For Lease

at 1605 Morrissey Dr
1605 Morrissey Dr $12 – $15/SF/Yr
Floor 1
Size 4,120 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, COE
Sublease No
- Suite 101, the end cap unit opposite of Dollar Tree, offers a wide open floor plan that could be utilized for multiple uses. - The rear of the unit offers additional storage, with a set of double doors for easy loading/unloading, plus a small office and multiple restrooms. - Bring your ideas and make the space your own. - The owner is open to the idea of dividing the suite into 2 smaller units. In that case, the quoted lease rate may increase. - Premier visibility from busy Veterans Pkwy; - Convenient stoplight access; - 35,000+ VPD at this intersection; - Ample parking; - Recent upgrades including the parking lot; - Various redevelopment opportunities.
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Listing Agency: SVN | Core 3
Listed By: Carrie Tinucci-Troll · License #475166842
Source: Moodyscre
Added: Dec 20, 2023 Changed: Oct 26 Last Checked: Nov 8 at 8:11AM

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 SVN | Core 3

Rey
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Investment Insights

Based on property information with market context.

Suite 101 is an endcap unit with a wide open floor plan that can support multiple layouts. The rear of the suite includes additional storage and a set of double doors for loading and unloading, along with a small office and multiple restrooms.

The unit benefits from premier visibility from Veterans Pkwy and convenient stoplight access. The property offers ample parking, and the parking lot has recent upgrades.

The owner is open to dividing the suite into two smaller units, which would be reflected in lease terms.

Key Highlights

  • End cap retail suite with a wide open floor plan that could be used for multiple purposes
  • Rear of suite includes double‑door loading/unloading, plus a small office and multiple restrooms
  • Owner is open to dividing the suite into 2 smaller units (lease rate quoted may increase)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GoCredit.me-Bloomington Loan Service Hertz - Uber, Bloomington Freight Service Coco Lane Boutique Clothing & Fashion Store Dollar Car Rental ... Car Rental Facility Ipamorelin Center Medical Group

Suggested Use

Top Pick Dental Office Law Firm Restaurant Pharmacy Skin Care Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

35,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 35% Hotels & Casinos 15% Beauty & Spa 3%
Starbucks Dining
17,811 visits/mo 0.1 miles
Double Tree by Hilton Hotels & Casinos
15,248 visits/mo 0.3 miles
Panera Bread Dining
13,576 visits/mo 0.3 miles
Dollar Tree Shops & Services
11,536 visits/mo 0.0 miles
Shell Shops & Services
10,363 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Bloomington

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Endcap retail suite with an open floor plan, rear double-door loading, office, and multiple restrooms.
Where is this retail space located?
The property is located at 1605 Morrissey Dr Bloomington, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: End cap retail suite with a wide open floor plan that could be used for multiple purposes; Rear of suite includes double‑door loading/unloading, plus a small office and multiple restrooms; Owner is open to dividing the suite into 2 smaller units (lease rate quoted may increase)
(331) 452-6860 Call to check price and availability
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