1809 Eastland Dr., Bloomington, IL
Retail for Sale - $1,350,000 - 10,676 Sq. Ft. on 0.72 acres
Agent Info
| Joshua Markiewicz Coldwell Banker Commercial Devonshire Realty |
Property Info
| CIMLS# | 975641 |
| Location 1809 Eastland Dr. Bloomington IL 61704 | |
| Updated | October 6th, 2023 |
| Type | Retail |
| Price | $1,350,000 |
| Building | 10,676 Sq. Ft. |
| Land | 0.72 acres |
Property Description
The subject property is 100% leased on a NNN basis to Monro Muffler Brake, Inc. (NASDAQ: MNRO) through February 28, 2027. The tenant has three, 5-year options to renew with 10% increases at the beginning of each option period , growing NOI and hedging against inflation.
Monro is one of the nations leading automotive service providers with over 1,300 stores and 9,000 service bays nationwide, and generated approximately $1.4 billion in sales in fiscal 2022.
