This property is Off-Market
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%
1150 N. Sunrise Greetings Ct.
Bloomington, IN 47404
For Sale · $1,350,000
51,924 SF Building
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