3rd & College Mall

Retail-Commercial for Lease
Catylist Listing ID: 29951090
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 1,400 - 8,600 SF
Building Size (RSF): 8,600 SF
Lease Rate: $32 - 40 PSF (Annual)
Base Monthly Rent: $11,466 - 14,333
Lease Types: Undisclosed, NNN
Building Name: Former Panera Bread, Former Asuka Hibachi
Last Updated: 7/21/2022

Overview / Comments

Renovating in 2022!

Extremely well-positioned shopping center .5 mile from Indiana University (48,000 enrollment) at the high-traffic intersection of 3rd Street and State Road 46 across from College Mall (600,000 GLA - Target, Fresh Thyme, Dick's).​ Tenant mix includes DSW, Massage Envy, Mattress Firm, PetCo, Noodles & Company, CVS and McAllister's Deli, among others.​

Exterior redesign has not been finished - tenant trade dress color scheme on exterior of building is available.​

New monument/readerboard sign on College Mall Road.​

Over 30,000 daytime population in one mile.​ Up to 8,600 sf available with large outdoor patio areas.​ Building currently partitioned into +/- 4,300 square foot former Panera and +/- 4,300 square foot former Japanese/Chinese restaurant that includes kitchen equipment (hood, grill, walk-ins, drains, etc).​ Building was originally constructed as a Guaranty Auto and can easily be converted back into an automotive service center with overhead doors.​ Recently-opened Dunkin' Donuts outperforming projections by over 30%! New IU Hospital recently opened a mile north on SR 46.​

Expand All 2 Spaces Available

Suite: Unit 1 - Former Panera 4,300 SF $32 - 40 PSF (Annual) Undisclosed,NNN
Suite: Unit 2 - Former Asuka Restaurant 4,300 SF $32 - 35 PSF (Annual) NNN

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 015-13520-00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,594 81,208 104,801
Median Age: 23.85 28.5 30.43
Households: 5,372 31,550 41,352
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