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    Empire St Bloomington, IL 61701

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    For Lease
    Contact for pricing

    Bloomington, IL: Prime Retail Opportunity

    Lot size:
    255,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Empire Crossing, located at E Empire St, Bloomington, IL 61701, presents a remarkable retail investment opportunity. This multi-tenant commercial property boasts a total of 255,060 square feet, offering exceptional flexibility for businesses of various sizes. Currently, there are 24,432 square feet of vacant space available, divisible into units as small as 1,200 square feet, ideal for smaller retailers or startups. Larger tenants can occupy contiguous spaces up to a maximum of 8,438 square feet, providing ample room for expansion or consolidation. The property's strategic location in Bloomington, Illinois ensures high visibility and accessibility, attracting a substantial customer base. The diverse range of available space sizes makes Empire Crossing an attractive option for a wide spectrum of retail businesses, from boutiques and cafes to larger retail chains. This is a chance to secure a prominent presence in a thriving commercial area. The property is available for lease and offers a unique opportunity to establish or expand your retail presence in a dynamic market. Interested parties should inquire about lease terms and availability for the various space options. The property's address is easily accessible and well-suited for both pedestrian and vehicular traffic. The available space presents a compelling opportunity for businesses seeking a high-traffic location in a vibrant community.

    Property Features for 0 Empire St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    255,060 SF

    Unit(s) available at that property

    Space
    Suite E1 Out Parcel
    Size
    12,375 SF
    Space
    Suite A14
    Size
    4,000 SF
    Space
    Suite A2
    Size
    3,000 SF
    Space
    Suite A3
    Size
    4,994 SF
    Space
    Suite A6-A7
    Size
    8,438 SF
    Space
    Suite A4
    Size
    4,000 SF

    HighLights

    • Outparcel and small shop space available for lease in a major Bloomington, IL power center.
    • 1,200 - 8,438 square feet of small shop space available.
    • Outparcel located at the shopping center's main entrance.
    • Strong co‑tenancy includes Dick's, HomeGoods, PetSmart, DSW, Five Below, Carter's, Ashley Furniture, and Orange Theory Fitness.
    • Contact broker for pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomington
    County
    Mclean
    State
    Illinois
    Longitude
    -88.956587882507
    Latitude
    40.489100108254

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    FAQs

    What type of property is this?
    Retail property - Bloomington, IL: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at Empire St Bloomington, IL.
    What are key features of this property?
    This property features: Outparcel and small shop space available for lease in a major Bloomington, IL power center.; 1,200 - 8,438 square feet of small shop space available.; Outparcel located at the shopping center's main entrance.
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    Empire St Bloomington, IL 61701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Empire St Bloomington, IL 61701
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