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Retail Strip Mall For Rent
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2303 E Washington St, Bloomington, IL 61704

Retail spaces available in high-traffic Bloomington location.

Space Size740 SF
Property Size12,540 SF
Days on Market1943

Property Features for 2303 E Washington St

General Information

Standard status Active
Size 740 SF
Class B
Total Parking Spaces 75
Property subtype Retail
Lease Type Full Service

Building Details

Building Size 12,540 SF
Year Built 1973
Tenancy Multiple

Spaces For Lease

at 2303 E Washington St Contact us

Suite 5A

Size
740 SF
Type
Retail
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Schrof Companies, Inc.
Listed By: Pam Schrof Rieger · License #IL 471001082
Source: Crexi
Added: Apr 26, 2021 Changed: Aug 8 Last Checked: Aug 18 at 8:02AM

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.

Washington Center is a strip mall accessible from the intersection of Veterans Parkway and Washington Street. The location benefits from peak traffic counts of 38,500 vehicles per day on Veterans Parkway. Situated directly across from State Farm Corporate and OSF St. Joseph Medical Center, the property is also located minutes from County Companies. Anchored by Jimmy John's, the strip mall's inline tenants include Bidi Smoker Cigar & Vape, Tony’s Taco, Dops Jerk Chicken House, Kevin Nails, and The Pass Pub and Grill. The property is suitable for retail, restaurant, and other commercial uses.

Key Highlights

  • High Traffic Location: Located on Veterans Parkway with 38,500 vehicles per day.
  • Proximity to Major Employers: Directly across from State Farm Corporate and OSF St. Joseph Medical Center.
  • Anchored by National Brand: Anchored by Jimmy John's.

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

NNN (Triple Net)
Lease Type
$2.92 /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

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Retail spaces available in high-traffic Bloomington location.
Where is this strip mall located?
The property is located at 2303 E Washington St Bloomington, IL.
What is the lease rate?
The lease rate is $19.45 SF/Yr.
What are key features of this property?
This property features: High Traffic Location: Located on Veterans Parkway with **38,500 vehicles per day**.; Proximity to Major Employers: Directly across from State Farm Corporate and OSF St. Joseph Medical Center.; Anchored by National Brand: Anchored by Jimmy John's.
More about this property
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