Single Tenant Fully Leased Office Building on Bloomington's Westside.

1155 W 3rd St, Bloomington, Indiana 47404

  • Property Subtypes Research & Development , Office Building , Institutional , High-Tech , Medical
  • Building Size (RSF) 31,680 SF
  • Gross Building Area 31,680 SF
  • Building Name Professional Office Building
  • Building Status Existing
  • Sale Price $4,000,000.00 Total
  • Unit Price $126.26 per SF
  • Property Use Type Net Leased (NNN)Investment
  • Class of Space Class A
  • Total Land Size 2.48 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/2/2020
  • Days on Market 354 Days
  • Status active

Overview / Comments

Fully leased through February 28, 2022 with option to vacate in 2020 and multiple options to renew by IU Health. Attractive modern architecture, high efficiency mechanical systems and a large, paved lot with ample parking rounds out an impressive list of features for this unique 2.5 Acre property. Beyond the first floor lobby you will find a large, state of the art conference area featuring a full multimedia suite as well as an area for food service. A central elevator leads to the second and third floors, each of which offer open spaces in a variety of sizes that could serve as cubicle or common areas, as well as enclosed, executive offices. The building's design will accommodate one, or multiple occupants on individual floors. Upscale finishes throughout make for a professional atmosphere. The central location also provides easy access to a number of regional destinations, including Bloomington's downtown square, and direct access to both Indianapolis and Crane via SR37 and the future I-69.

Attachments & Media

Additional Details

  • Tax ID/APN 015-46640-01
  • Zoning COMMERCIAL ARTERIAL
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 3
  • Year Built 2002-01-01 00:00:00

Original text