www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
3495054
12947876

2408 W MARKET ST, BLOOMINGTON, IL 61705

TH
IL IL 475.139834
KW Commercial Chicago - Lincoln Park
TM
IL 475184338
KW Commercial Chicago - Lincoln Park
Listed by KW Commercial Chicago - Lincoln Park
$20 - $35/SF/YR
59 days on market
Updated 11 days ago

Bloomington Lease Retail Development

Building Details
Property Type Retail, Land
Sub Type Commercial, Retail development
Tenancy Multiple
Lease Type NNN
Class B
Total Building SqFt 60,000
Year Built 2026

Spaces

Shops at Supplier Park offers an ideal opportunity for a fitness or wellness anchor seeking 8,000–15,000 SF within a new mixed-use retail destination. The site is well-positioned for gyms, boutique fitness, recovery, medical wellness, yoga, Pilates, training, or health-focused concepts serving future residents, nearby employers, visitors, and Rivian-related workforce growth. Lease rates range from $20–$35 PSF NNN.

3495054

Shops at Supplier Park offers flexible food and beverage spaces from 2,500–25,000 SF, ideal for restaurants, cafés, QSR, coffee, carryout, dessert, and entertainment-focused concepts. Positioned near future residential density, employers, visitors, and Rivian-related workforce growth, the site is designed to capture strong daily and destination traffic. Lease rates range from $20–$35 PSF NNN.

3495031

Shops at Supplier Park offers an ideal opportunity for daily-needs service retailers supporting the surrounding community and future 500-unit residential base. Target uses include shipping/printing, hair care, boutique pharmacy, nail services, dry cleaning, grocery, and pet grooming. These “sticky” tenants drive repeat visits, tenant retention, and consistent neighborhood traffic. Lease rates range from $20–$35 PSF NNN.

3495086
3495085
3495084
3495083

Prime retail opportunities from 2,500 SF to 60,000 SF available within Bloomington’s new development

Building description

Shops at Supplier Park presents a premier retail leasing opportunity within a planned mixed-use development in Bloomington-Normal, Illinois. With spaces available from 2,500 SF to 60,000 SF, the project is designed to accommodate a wide range of retail, restaurant, service, medical, fitness, entertainment, and daily-needs users.

The site is strategically positioned near Rivian’s major Normal, Illinois manufacturing campus, where Rivian produces consumer and commercial electric vehicles. Rivian has also announced a nearly $120 million supplier park investment near its Normal plant, further strengthening the area’s employment base, supplier ecosystem, and long-term growth trajectory.

Located within a growing residential and commercial corridor, the retail component is positioned to serve future on-site residents, nearby employees, Rivian-related workforce demand, visitors, and the surrounding Bloomington-Normal community. The development offers excellent visibility, flexible suite configurations, convenient parking, and strong co-tenancy potential within a newly planned destination environment.

Lease opportunities are available from $20.00 – $35.00 PSF NNN, depending on suite size, location, buildout, and tenant use. This is an ideal opportunity for retailers seeking early positioning within a high-growth market anchored by residential density, expanding employment drivers, and Rivian’s continued investment in Central Illinois.

Building highlights

Retail & Commercial Features

  • Optimized Retail Mix: A thoughtful 2,500 SF - 60,000 SF commercial center available for lease (Phase 1: 60,000 SF) targeting daily needs, fast-casual dining, fitness/wellness, and essential services.
  • High-Traffic Anchors: Targeted 10,000–15,000 SF "fitness box" anchor (e.g., Planet Fitness) to drive consistent morning and evening traffic and stabilize the net operating income (NOI).
  • High-Credit Fast Casual Cluster: Space for premium fast-casual tenants like Chipotle, Panera Bread, and Starbucks, prioritizing critical drive-thru capabilities and active outdoor patio frontage.
  • "Sticky" Service Retail: 10,000–15,000 SF of long-term neighborhood service tenants, including UPS Stores, salons, and boutique pharmacies.
  • Social & Experiential Spaces: Dedicated 5,000–10,000 SF for experiential retail such as a local craft brewery, gaming lounge, or sports bar to differentiate the center from regional competitors.

Strategic Development Highlights

  • Shovel-Ready Mixed-Use Project: A fully approved, 77-acre luxury mixed-use community in Bloomington, IL, ready for immediate construction.
  • Significant Residential Density: Planned for approximately 1,100–1,200 total luxury apartments across three phases, providing a massive built-in customer base for onsite retail.
  • Workforce-Serving Lifestyle Node: Strategically designed as a high-density, residential-serving retail village rather than a traditional regional power center.
  • Prime Economic Hub: Includes 10 acres dedicated to retail and commercial space, creating a dynamic economic center within the development.

Site Design & Construction

  • Retail-Forward Placement: Commercial buildings are positioned along the highest-visibility roadway frontage with a dedicated parking field separate from residential parking to maximize external customer traffic.
  • Futuristic Architectural Design: High-quality wood-frame construction featuring luxury vinyl plank flooring, LP smart siding, and a captivating "futuristic" aesthetic.
  • Comprehensive Community Amenities: Includes a state-of-the-art community center with a swimming pool, fitness center, office spaces, and outdoor running and biking trails.
  • Sustainable Infrastructure: Integration of Rivian-based transit solutions, extensive greenspace, and eco-friendly transportation options.

Economic Position

  • Unmatched Proximity to Major Employers: Situated near the Rivian Automotive plant (8,000+ employees), State Farm, Illinois State University, and Ferrero North America.
  • Addressing Critical Shortage: Directly serves a regional housing shortage of approximately 8,000 units, ensuring high demand and accelerated lease-up potential.
  • Strong Demographic Profile: Targets a blue-collar and professional hybrid demographic with average occupational wages of $57,300, s supporting mid-tier national retail chains.

Listing Contacts

TH
IL IL 475.139834
KW Commercial Chicago - Lincoln Park
TM
IL 475184338
KW Commercial Chicago - Lincoln Park
Listed by KW Commercial Chicago - Lincoln Park

Map

Zoning

Intelligence Badge
A AgricultureAgricultural
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 134 uses
View all 134 uses
Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tony Hardy
License
IL 475.139834
Brokerage
KW Commercial Chicago - Lincoln Park
Title
Regional Ambassador Mid-american & Executive Director
Brokerage Address
2211 North Elston Avenue
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591