1603-1605 Morrissey Dr Bloomington, IL 61704
Morrissey Crossing, a Class B retail pad strip center in Bloomington, Illinois, presents exceptional lease opportunities. Located at 1603-1605 Morrissey Drive, this property boasts high visibility from Veterans Parkway, a major thoroughfare. The center offers a total of 23,181 square feet of retail space, with multiple tenancy options available. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 19,465 square feet. Currently, 27,563 square feet is vacant, presenting significant potential for new businesses. The property sits on a 2.32-acre lot (APN 21-15-203-008) and is zoned B-1. Ample parking is available for customers and employees. Recent improvements include fresh paint throughout the center. This location offers excellent access and exposure, making it an ideal choice for retailers seeking a high-traffic area in McLean County. The property's strategic placement at the southwest corner of Veterans Parkway and Morrissey Drive ensures strong visibility and convenient access for customers. This is a rare opportunity to secure prime retail space in a thriving Bloomington location. Contact us today to learn more about available spaces and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.