1603 Morrissey Dr

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1603 Morrissey Dr

Bloomington, IL 61704
Asking Price
Contact for price
Asset Type
Commercial Retail
Class
Class B

What's Special

Retail | 13,932 SqFt <ul><li>​Prime retail real estate located on Veterans Pkwy (24,200 VPD), Bloomington’s major retail corridor.</li><li>​High traffic exposure for retail tenants with over 35,000 vpd at the intersection of Veterans Pkwy & Morrissey Dr.</li><li>​Located at a signalized intersection with easy ingress/egress and ample on-site parking.</li><li>​Zoned B-1, suitable for a wide range of retail and commercial uses.</li><li>​Close proximity to State Farm’s Corporate office & operation center (13,000 employ

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times