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    1900 College Ave Normal, IL 61761

    For Lease
    Contact for pricing

    Prime Retail Space in High-Traffic Meijer

    Lot size:
    1,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail leasing opportunity offers two available spaces within a high-traffic Meijer store in Normal, Illinois (1900 E College Ave, 61761). The spaces range from 508 to 632 square feet, providing prime, front-of-store locations with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept offers a range of benefits, including a highly desirable location in a thriving trade area with strong demographics. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities, simplifying operations. Branding opportunities are available both inside and outside the store, maximizing exposure. Ideal for businesses seeking high foot traffic and exposure, including but not limited to financial institutions, food and beverage establishments, service businesses, and health and wellness providers. The total vacant space available is 1,140 square feet, offering flexibility for various business models. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations. The property is conveniently located in Normal, Illinois, offering easy access for customers and employees. This is a multiple-tenancy property, providing a vibrant and diverse retail environment.

    Property Features for 1900 College Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,140 SF

    Unit(s) available at that property

    Space
    Suite E
    Size
    632 SF
    Space
    Suite D
    Size
    508 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meijer Supermarket ATM (Meijer) Atm Minute Key Key Duplication Service Meijer Deli Deli Meijer Bakery Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    Mclean
    State
    Illinois
    Longitude
    -88.94659153627
    Latitude
    40.512003320278

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space in High-Traffic Meijer
    Where is this retail property located?
    The property is located at 1900 College Ave Normal, IL.
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    Normal, IL 61761
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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
    1900 College Ave Normal, IL 61761
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