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4023-4025 W 3rd St
Bloomington, IN 47404
The Highland Shoppes · Retail Property For Sale
Investment Highlights
- Anchor tenant CSL Plasma (subsidiary of credit-rated CLS Limited) occupies over 50% of the GLA with a lease commitment through 2034.
- Recently extended lease term by Rent-A-Center and a conversion to a triple-net lease.
- Generating additional income of $3,720 through pylon signage rental to Big Red Liquors and Cloverleaf Restaurant.
- Significant retail corridor with Kroger, Lowe’s, Menards, HomeGoods, PetSmart, Michaels, T.J. Maxx, Shoe Carnival, Office Depot, Planet Fitness, CVS.
- Bloomington is home to Indiana University, with over 47,000 students and 2,500 faculty members providing a consistent customer base for the tenants.
- Half a mile proximity to the entrance and exit to I-69 (44k VPD).
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
19,700 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.46
Lot Size
0.98 AC
Zoning
MM
Parking
125 Spaces (6.35 Spaces per 1,000 SF Leased)
Frontage
261’ on W 3rd St
Amenities
- Pylon Sign
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,270,800 | |
| Land Assessment | $477,400 | Total Assessment | $1,748,200 |
Property Taxes
Parcel Numbers
Land Assessment
$477,400
Improvements Assessment
$1,270,800
Total Assessment
$1,748,200
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