4023-4025 W 3rd St - Storefront FOR SALE
Bloomington, IN 47404 |
4023-4025 W 3rd St
Bloomington, IN 47404
HIGHLIGHTS
- Anchor tenant BioLife Plasma Services occupies over 50% of the GLA and just signed a new long-term lease.
- Established retail corridor with Kroger, Lowe’s, Menards, HomeGoods, PetSmart, Michaels, T.J. Maxx, Shoe Carnival, Office Depot, Planet Fitness, & CVS
- Generating additional income of $3,720 through pylon signage rental to Big Red Liquors and Cloverleaf Restaurant.
- Recently extended lease term by Rent-A-Center and a conversion to a triple-net lease.
- Bloomington is home to Indiana University, with over 47,000 students and 2,500 faculty members providing a consistent customer base for the tenants.
- Half a mile proximity to the entrance and exit to I-69 (44k VPD)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Highland Shoppes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
19700
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
125
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
53-09-01-200-009.000-016,53-09-01-201-001.000-016
