123 S Franklin Rd 5,494 SF Retail Building Bloomington, IN 47404 $2,900,000 ($527.85/SF)
INVESTMENT HIGHLIGHTS
- 5,494 Sqft Office Building on Bloomington's West side
- Has NNN lease in place with several years remaining
- Mixed Use Building
EXECUTIVE SUMMARY
5,494 SF Office Building located on Bloomington's West-Side. Prime location with lots of visibility and road frontage. Building is Mixed-Use with multiple updates and renovations and features 30,000 square feet of site pavement. Building is currently leased by MedExpress, triple net lease in place and several years remaining with options to extend.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,494 SF
Building Class
B
Year Built
1993
Price
$2,900,000
Price Per SF
$527.85
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.02 AC
Zoning
C - Commercial
Parking
65 Spaces (11.83 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 53-05-31-300-007.000-005 | Improvements Assessment | $531,800 |
| Land Assessment | $561,600 | Total Assessment | $1,093,400 |
CONTACT
-
Isaac Redden(Ike) -
CENTURY 21 Commercial Scheetz