502 IAA Dr Bloomington, IL 61701

Building Details

Year Built

2026

Listing agency Cushman & Wakefield - Sacramento, California

Listed by Vincent Aicale · License #CA 01728696

Source Crexi

Added: Mar 30 Updated: Jul 20 at 8:22PM Checked: Jul 20 at 8:22PM

Report an Issue

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 Cushman & Wakefield - Sacramento, California

---

Investment Insights

Based on property information with market context.

This absolute NNN drive-thru coffee property is leased to Dutch Bros under a new 15-year term. The lease includes scheduled 10% rental increases every five (5) years during the initial term, along with three (3) option periods of five (5) years each. Dutch Bros is responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot, supporting a fully passive ownership structure.

The property is located at 502 IAA Dr, Bloomington, IL 61701. The offering is supported by company performance disclosures included in the remarks, including year-over-year Q4 2025 revenue growth and 2026 revenue projections.

At this time, the provided information focuses on the lease structure and tenant responsibility for ongoing property expenses.

Key Highlights

• New 15‑year absolute NNN lease to Dutch Bros (drive‑thru coffee)
• Scheduled 10% rental increases every 5 years during the initial term and each option period
• Tenant responsibility includes all taxes, insurance, and maintenance, including roof, structure, and parking lot

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,200,000

  13,580 SF

  Versatile Office Property with Storage

  Functional office building with training areas and secured outdoor storage.

  803 E LAFAYETTE ST, BLOOMINGTON, IL

  View Details
• 

  $2,600,000

  54,429 SF

  54,429 SF Commercial Property ForSale

  Commercial property featuring retail spaces, coffee kiosk, and Dollar General.

  1206 Towanda Ave, Bloomington, IL 61701

  View Details
• 

  $900,000

  4,120 SF

  Retail Space with Open Layout

  Versatile retail space with premier visibility and ample parking.

  1605 Morrissey Dr, Bloomington, IL

  View Details
• 

  $898,150

  6,325 SF

  Industrial Flex Warehouse with Paint Booth

  Industrial flex space featuring a spray paint booth with ventilation, oil separator, and floor drains for specialized operations.

  10 LAFAYETTE CT, BLOOMINGTON, IL

  View Details
• 

  $275,000

  5,760 SF

  Flexible Retail and Studio Building

  Heated and air-conditioned interior with showroom, offices, production space, and a new roof offers flexible commercial use.

  405 W WASHINGTON ST, BLOOMINGTON, IL 61701

  View Details
• 

  $249,000

  2,820 SF

  Storefront Retail Property

  For sale retail storefront at 509 S. Main in Bloomington, Illinois, offering a straightforward option for street-level business use.

  509 S. Main, Bloomington, IL

  View Details
• 

  $8,500,000

  252,811 SF

  Industrial Distribution Building

  Large M-1 zoned industrial building with 14 trailer docks, 2 overhead doors, and robust 480-volt 3-phase power.

  1000 E Croxton Ave, Bloomington, IL 61701

  View Details
• 

  $1,560,000

  13,000 SF

  Retail Building Near Veterans Parkway

  13,000 SF retail building near major retailers.

  2401 Maloney Drive, Bloomington, IL 61704

  View Details
• 

  $799,000

  Brick Office Building with Finished Lower Level

  Well-maintained brick office building with reception, conference space, private offices, and a finished lower level plus elevator access.

  407 Detroit Avenue, Bloomington, IL 61704

  View Details
• 

  $8,500,000

  252,811 SF

  Expansive Bloomington Industrial Complex

  252,811 SF industrial complex suitable for warehouse/distribution.

  1100 East Bell Street, Bloomington, IL 61701

  View Details
• 

  $2,399,000

  2,265 SF

  Bloomington Retail Property For Sale

  Retail property with a new 10-year corporate lease.

  1609 W Market St, Bloomington, IL

  View Details
• 

  $495,000

  2,100 SF

  Four-Unit Building on Empire Street

  Four-unit building with diverse tenants and redevelopment potential.

  1316 East Empire Street, Bloomington, IL 61701

  View Details

FAQs

What type of property is this?

NNN property - Absolute NNN drive-thru leased to Dutch Bros on a 15-year term with scheduled rent increases.

Where is this nnn property located?

The property is located at 502 IAA Dr Bloomington, IL.

What is the asking price?

The asking price for this property is $3,091,000.

What are key features of this property?

This property features: New 15‑year absolute NNN lease to Dutch Bros (drive‑thru coffee); Scheduled 10% rental increases every 5 years during the initial term and each option period; Tenant responsibility includes all taxes, insurance, and maintenance, including roof, structure, and parking lot