Acquisition Date: June 2022
311 South Veterans is a generational investment opportunity to purchase one of the best real estate parcels in the Bloomington-Normal market. Built in 2010, the property is 100% leased to Beauty Brands.
Located at the main entrance to The Shoppes at College Hills, 311 S Veterans Parkway offers unparalleled access and visibility in the busy Bloomington-Normal market. A majority of the properties fronting Veterans Parkway suffer from difficult access and large setbacks. The Beauty Brands building not only offers the closest frontage of any building along Veterans, but also provides immediate access from a signalized entrance on the hard corner of Veterans Parkway and Von Maur Drive.
The Shoppes at College Hills is the leading shopping and dining destination in the Bloomington-Normal market. Anchored by Target, Von Maur, and Hobby Lobby, the Shoppes at College Hills drives in a diverse consumer base attracted to the shopping and dining options. The property lies within the dense retail corridor of Veterans Parkway which serves as the main thoroughfare in Bloomington-Normal. Veterans Parkway offers over 45,000 vehicles that pass the property daily. Nearly every major retailer lies within two miles of the site including Walmart, Sam’s Club, Jewel Osco, Meijer, Kroger, HyVee, TJ Maxx, LA Fitness, Home Depot, Dick’s Sporting Goods, Ross Dress For Less, and many others.