Now Pre-Leasing! Prime Retail Opportunity | Endcap w/ Drive-Thru

LeaseRetail 7,000 SF
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500 W Raab Rd
Normal, IL 61761
Lease Price: $18-$25/ SF
Lease Type: NNN
Available Space: 7,000 SF
Parking: 28 Spaces
Zoning: B1 - General Business
Tax PIN: 14-16-454-003
Year Built: New Development

Property Description

Coldwell Banker Commercial Devonshire Realty is pleased to offer this 7,000 SF retail site development at 500 W Raab Rd, Normal, IL. Construction begins upon leasing, with 3-4 suites planned, including an endcap drive-thru. Positioned off of the signalized intersection of Raab Rd and N Main St (US-51) with 32,000 combined daily vehicles, the site offers prime visibility and easy access in front of Schnuck’s-anchored Constitution Trail Centre, which attracts 132,000 monthly visitors. Additional Tenant specific buildout assistance is available for credit-worthy Tenants. Ideal for restaurants, retail, and service businesses. Now pre-leasing!

Area Description

This 7,000 SF future retail development at 500 W Raab Rd, Normal, IL, offers a prime out lot location in front of the high-traffic Schnuck’s center located within the greater Constitution Trail Centre. Positioned along W Raab Rd and N Main St (US-51), it provides excellent visibility, easy access, and shared parking. Surrounded by major retailers like Starbucks, Verizon, and McDonald’s, it’s minutes from Illinois State University, growing residential areas, and OSF St. Joseph Medical Center. Ideal for restaurants, retail, or service businesses, this site delivers strong demographics, steady traffic, and a thriving commercial environment.

Highlights

High-Traffic Location – 32,000 combined AADT

Proven Retail Destination – 132,000 monthly visitors

Flexible Leasing Options – Customized suite ranges

Surrounded by Illinois State University, residential developments, and business centers

Landlord Buildout Assistance – Additional TI incentives for credit-worth tenants

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