STNL Investment – Monro Muffler, Inc. (NASDAQ: MNRO)
The subject property is 100% leased to Davis Tire/Car-X (Monro corporate lease), who signed a brand-new 10 year lease in February 2017. The lease has built-in rental increases every 5 years, including during the option periods.
Subject property is ideally located along Eastland Drive in Bloomington, Illinois, and provides excellent visibility and easy accessibility to the site. The building is just east of State Farm’s headquarters, OSF Healthcare and Eastland Mall. Area tenants include Lowe’s, Fresh Thyme, Schnuck’s, OSF Healthcare, State Farm, Mid-Illini Credit Union, Noodle’s, Starbucks, Chipotle, and many more
Eastland Dr. – 6,500 VPD
Veterans Pkwy. – 43,700 VPD