Bloomington, Illinois, is a hub for commercial activity, making it an ideal location for a Commercial Real Estate Property For Lease. With a population of around 80,000, the city offers a diverse range of amenities, infrastructure, and educational institutions that make it an attractive spot for businesses. The presence of Illinois Wesleyan University, State Farm, and Country Financial headquarters, as well as the Bloomington-Normal metropolitan area, creates a thriving environment for commercial growth. The city's rich history, dating back to the early 1820s, has led to a unique blend of residential and commercial developments, making it an excellent location for a Commercial Real Estate Property For Lease.
With 41 Commercial Real Estate Properties For Lease available in Bloomington, there are numerous options to choose from. The average annual rent per square foot is $13 USD, with sizes ranging from 107 square feet to 295,000 square feet. In addition to Commercial Real Estate, Bloomington also offers Office Space, Coworking Space, Retail Space, and Industrial Space options. Office Space is available near the downtown area, while Coworking Space can be found near the Illinois Wesleyan University campus. Retail Space is plentiful along the major roads, such as Interstate 55 and U.S. Route 51, and Industrial Space is available near the Central Illinois Regional Airport. With its diverse range of commercial properties and amenities, Bloomington is an excellent location for businesses looking to establish a presence in the region.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Bloomington, Illinois, there are several key factors to consider, including:
- Location: proximity to major transportation hubs like the Central Illinois Regional Airport and Interstate 55, as well as access to amenities like Miller Park Zoo and the Bloomington Ice Center, can impact foot traffic and employee convenience;
- Space requirements: with an average size of 20,400 square feet and a maximum space size of 295,000 square feet, it's essential to determine the right fit for your business needs;
- Cost: with an average annual rent of $13 USD per square foot, you'll want to factor in the total cost of the lease, including any additional fees or expenses, to ensure it aligns with your budget.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Bloomington, Illinois, it's essential to consider factors such as the size of the space, type of property, and location. With 41 available listings of commercial real estate for lease in Bloomington, you'll want to narrow down your options by identifying your specific requirements.
- Start by assessing your business's spatial needs, considering the average size of 20,400 square feet and maximum space size of 295,000 square feet available in Bloomington's commercial properties.
- Think about the type of property that best suits your business, whether it's an office space, retail location, or industrial facility, and research the average annual rent per square foot of $13 USD.
- Finally, consider the location of the property, taking into account factors such as proximity to major transportation hubs like the Central Illinois Regional Airport and Interstate 55, as well as access to local amenities like the Bloomington Ice Center and Miller Park Zoo.
