Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale a portfolio containing four adjacent retail buildings (eight parcels) located in the Shoppes at College Hills in Normal, IL. These buildings are located in the Plaza tract within the Shoppes at College Hills providing prime frontage and visibility along Veterans Parkway. This portfolio has minimal Landlord responsibilities on the outlots, stability from national tenants and significant value-add potential. The current tenants include T-Mobile, Panda Express, Logan's Roadhouse, Beauty Brands and Enterprise Rent-A-Car. Excess land for an additional outlot and a new vacancy due to Hobby Lobby's relocation within the center provide huge upside for this portfolio.
|Style:||Retail Bldg -General Use|
|Building Size:||101,862 SF|
|Lot Size:||13.67 AC|
Area Description: The Shoppes at College Hills is ideally located on the corner of Veterans Parkway (Historic U.S. 66), which is the prominent retail corridor in Bloomington-Normal, and College Avenue, which connects the open-air shopping center to Illinois State University (20,635 students and 3,654 faculty & staff). In addition to the properties contained in this investment portfolio the center provides a combination of quality national and local retailers such as Von Maur, Target, Hobby Lobby, Starbucks, Xfinity, LOFT, Joe's Station House, Flat Top Grill and Massage Envy. Bloomington-Normal is the home to State Farm, COUNTRY Financial, the Central Illinois Regional Airport, Illinois State University, Illinois Wesleyan University, Heartland Community College, Advocate BroMenn Healthcare, OSF St. Joseph Medical Center and many other nationally-recognized entities.