1663 Liberty Drive
Bloomington, IN 47403 ·
51,735 SF · Office For Sale
Author Solutions International HQ
|Building Size||51,735 SF||Building Class||A|
|Property Sub-type||Office Building||Year Built||2000|
|Property Use Type||Net Lease Investment with 7 years left on lease||Lot Size||6.24 AC|
|Cap Rate||9.56%||Parking Ratio||5.12 / 1,000 SF|
|Listing ID: 17301278||Date Created: 08/22/2011||Last Updated: 04/06/2012|
- NEW $200,000 PRICE REDUCTION!!!
- STNL Class A Office Building built in 2000
- Author Solutions just signed a brand new 7 year lease NNN Lease with 2% annual increases
- Land Lord is responsible only for Structure
- Author Solutions, founded in Bloomington, is the largest publisher by book title in the world. They publish 1 out of every 15 book titles in the United States.
- Author Solutions was purchased by the private equity firm Bertram Capital in 2007. Bertram Capital is an $850 million private equity firm headquartered in Palo Alto, CA.
- ASI has continued to see double digit growth over the past few years and is on pass to acheive record sales numbers!
- Author Solutions is located just off of I-37 along Liberty Drive which is the premiere business corridor in Bloomington and has very low office vacancy
- The Liberty Drive business corridor boasts tenants such as: Coca Cola, Ivy Tech Community College, and Baxter Healthcare
- Bloomington is home to Indiana University which has over 41,000 students
- Demographic Breakdown (5-Mile Radius): Population - 94,990, Average Household Income - 52,240, Unemployment - 6.97%
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.