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Anchored Retail Suite
For Lease
$19 SF/Yr

2303 E Washington Street 5a, Bloomington, IL 61704

Utilities are included, with access from Veterans Parkway and Washington.

Space SizeContact for details
Days on Market27

Property Features for 2303 E Washington Street 5a

General Information

Standard status Active

Site & Location

Anchor Co-Tenants Jimmy John's
Utilities to Site Yes

Additional Details

Space Use Retail

Building Details

Year Built 1973
Tenancy Multi
Listing Agency: Schrof Companies Inc
Listed By: Pamela Rieger · License #471001082
Source: Amyboston.realtopiare
Added: Aug 2 Changed: Aug 27 Last Checked: Aug 26 at 6:15AM

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 Schrof Companies Inc

Investment Insights

Based on property information with market context.

This retail suite is located within Washington Center, a commercial property anchored by Jimmy John's. The center was built in 1973 and offers a defined setting for retail occupancy with utilities included.

Access is available from the intersection of Veterans Parkway and Washington Street. The property sits across from State Farm World Headquarters and OSF St. Joseph Medical Center, placing the suite within an established commercial and institutional setting.

Key Highlights

  • Retail suite within Washington Center
  • Anchored by Jimmy John's
  • Utilities included

Property Analytics

Current Use

Schroff Co Inc Real Estate Agency Pueblo Grande Restaurant Western Union Bank Tony's Tacos Bloomington Restaurant BIDI SMOKE (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store HVAC Service Auto Repair Shop

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,198
Businesses Nearby
353k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Apparel 21% Shops & Services 11% Home Improvements & Furnishings 11%
Kohl's Apparel
66,675 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
34,456 visits/mo 0.5 miles
Texas Roadhouse Dining
32,628 visits/mo 0.4 miles
Olive Garden Dining
26,689 visits/mo 0.4 miles
Fresh Thyme Market Groceries
16,964 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

Market

Lease Benchmarks for Bloomington, IL

$18.49 /SF/Yr
Avg Asking Price
$13.5–$25 /SF/Yr
Price Range
6,075 SF
Avg Space Size

This space is priced 3% above the average of $18.49 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Utilities are included, with access from Veterans Parkway and Washington.
Where is this retail space located?
The property is located at 2303 E Washington Street 5a Bloomington, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Retail suite within Washington Center; Anchored by Jimmy John's; Utilities included
More about this property
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