2243 Westgate Dr Bloomington, IL 61705

Listing agency Anchor Net Lease

Listed by Ryan O'Connell · License #BR575729000

Source Crexi

Added: Apr 11 Updated: Jul 20 at 7:36PM Checked: Jul 21 at 6:17AM

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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.

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

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FAQs

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