2718 E 3rd St
Bloomington, IN 47401
Burger King · Retail Property For Sale

The subject investment property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, and hotels all within close proximity of this property. Major national tenants include: Best Buy, CVS, Macy’s, Target, Dick’s Sporting Goods, Panera Bread, Taco Bell, Chick-fil-A, Starbucks, Applebee’s Grill + Bar, Steak ‘n Shake, McDonalds, KFC, Chipotle, Red Lobster, Fazoli’s, as well as many others. The subject property benefits from its close proximity to Indiana University Bloomington. Indiana University Bloomington is the flagship institution of the Indiana University system and its largest university, with a total enrollment exceeding 40,000 students, it is located less than a mile from the subject property. In addition, Indiana University Health Hospital, a 275-bed medical and surgical hospital is located approximately less than 4 miles from the subject property. The subject property is located on East 3rd Street which experiences an average daily traffic count of 20,280 vehicles. East 3rd Street intersects with State Road 46 which brings an additional 21,481 vehicles to the immediate area per day. The subject property benefits from being situated in a heavily populated area. There are more than 74,205 individuals residing within a three-mile radius and more than 104,207 individuals within a five-mile radius. Bloomington is a city and the county seat of Monroe County in the southern region of the state. It is the seventh-largest city in Indiana and known as the “Gateway to Scenic Southern Indiana.” It is home to the Indiana University Bloomington. Established in 1920, IU Bloomington has 49,695 students as of September 2016, and is the original and largest campus of Indiana University. Bloomington is a regional economic center anchored by Indiana University and home to a diverse business community involved in pharmaceuticals, medical devices, technology, health care, and the arts. Bloomington’s concentration of employment in the life sciences is six times greater than the U.S. average, and the employment in the technology sector has grown by over 80 percent in recent years. The city has been recognized by Inc. Magazine as one of “America’s Best Cities for Doing Business” and as one of the Entrepreneur Magazines Top 50 “Hottest Small Cities for Entrepreneurs.” Additionally, Forbes Magazine ranked Bloomington No. 3 in its “Best Places for Business Careers” feature.