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Retail Space on Veteran's Parkway
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506 IAA Dr, Bloomington, IL

Retail space with visibility on Veteran’s Parkway in Bloomington, IL.

Space Size1,610 SF - 3,612 SF
Lot Size1.09 Acres
Days on Market475

Property Features for 506 IAA Dr

General Information

Standard status Active
Size 1,610 SF - 3,612 SF
Lot size 1.09 Acres
Property subtype RETAIL

Spaces For Lease

at 506 IAA Dr Contact us

506 IAA Dr AVAILABLE, Now

Floor 1
Size 3,612 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Pad sites and small shop space (3,612 SF) available with rare visibility to Veteran’s Parkway - Dick’s, PetSmart, HomeGoods, Ashley Furniture, Five Below, and more anchor this site directly across from The Eastland Mall - Bloomington is home to the State Farm’s Headquarters (14,731 employees) and Country Financial (1,972 employees) - High barrier to entry market - Un-encumbered real estate with no restrictions from neighboring tenants - Large 30’ monument sign available facing Veteran’s Parkway
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506 IAA Dr $36/SF/Yr

Floor 1
Size 1,610 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
Contact us
Listing Agency: Access
Listed By: Kirk Hanson, Jr.
Source: Moodyscre
Added: Jun 18, 2025 Changed: Sep 11 Last Checked: Oct 4 at 1:03PM

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 Access

Investment Insights

Based on property information with market context.

Pad sites and small shop space, totaling 3,612 square feet, are available with visibility to Veteran’s Parkway. The location is anchored by Dick’s, PetSmart, HomeGoods, Ashley Furniture, and Five Below, and is directly across from The Eastland Mall. Bloomington is home to State Farm’s Headquarters, employing 14,731 individuals, and Country Financial, employing 1,972 individuals. The real estate is un-encumbered with no restrictions from neighboring tenants. A large 30’ monument sign is available facing Veteran’s Parkway.

Key Highlights

  • Rare visibility to Veteran’s Parkway.
  • Anchored by Dick’s, PetSmart, HomeGoods, Ashley Furniture, and Five Below. Also directly across from The Eastland Mall.
  • Located in Bloomington, home to State Farm Headquarters and Country Financial.

Property Analytics

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Current Use

Black Brothers Plumbers Plumbing Service Lovesac Furniture & Home Goods Chicken Salad Chick Take-out & Catering Sleep Number Furniture & Home Goods

Suggested Use

Top Pick Building Supply Grocery & Convenience Store HVAC Service Big Box & Wholesale Store Food Market Electrical Service

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

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
460k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Apparel 26% Home Improvements & Furnishings 21% Shops & Services 17%
Kohl's Apparel
66,675 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
47,034 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
43,917 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
34,456 visits/mo 0.4 miles
Texas Roadhouse Dining
32,628 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Eastland Commons Shopping Center — 305 N Veterans Pkwy, Bloomington, IL 61704
  • Eastland Mall — 1615 E Empire St, Bloomington, IL 61701
  • Eastland Square Shopping Center — 1704 eastland dr, bloomington, il 61704
  • Prospect Center — 503 N Prospect Rd, Bloomington, IL 61704
  • Bloomington Commons — N Veterans Pkwy, Bloomington, IL 61704

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space with visibility on Veteran’s Parkway in Bloomington, IL.
Where is this shopping center located?
The property is located at 506 IAA Dr Bloomington, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Rare visibility to Veteran’s Parkway.; Anchored by Dick’s, PetSmart, HomeGoods, Ashley Furniture, and Five Below. Also directly across from The Eastland Mall.; Located in Bloomington, home to State Farm Headquarters and Country Financial.
(402) 616-2580 Call to check price and availability
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