Office Investment - Bloomington, IN
Office
for Sale
| Catylist Listing ID: |
29934599 |
| Property Subtypes: |
Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development, Other
|
| Building Size (RSF): |
9,740 SF
|
| Gross Land Area: |
0.97 Acres
|
| Sale Price: |
$955,572 |
| Unit Price: |
$98.11 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
Westbury Village - 3101 |
| Class of Space: |
Class B |
| Usable Size (USF): |
9,740 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.95% |
| Last Updated: |
5/8/2023 |
Overview / Comments
|
Great Investment Property with a solid muti-year Modified Net Lease. The building was completely remodeled before the tenant moved in. The building has 9,740 square foot building and a large parking lot.
|
Additional Details
| Nearest MSA: |
Bloomington |
| County: |
Monroe |
| Tax ID/APN: |
53-05-20-300-039.001-004 |
| Zoning: |
GENERAL BUSINESS |
| Property Visibility: |
Excellent |
| Airports: |
Monroe County/Indianapolis |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
9,960 SF |
| Year Built: |
1977 |
| Year Renovated: |
2014 |
| Roof Type: |
Arched |
| Construction/Siding: |
Stone, Wood Frame |
| Parking Type: |
Surface |
| Parking Description: |
Open Surface Parking at the building |
| Total Parking Spaces: |
30 |
| Sprinklers: |
Dry |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, DSL, ISDN, Satellite, T1/T3 |
| Zoning Description: |
General Business |
| Lot Frontage: |
200 |
| Lot Depth: |
211' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
PT SW SW 20-9-1W .97A PLAT 69 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,865 |
59,019 |
109,592 |
| Median Age: |
29.8 |
27.47 |
30.42 |
| Households: |
1,749 |
20,550 |
43,466 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
