535 S Walnut St | Bloomington, IN 47401
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- LoopNet Team
535 S Walnut St
Bloomington, IN 47401
Arby's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9+Years Remaining on Initial 20-Year Absolute NNN Lease with Attractive 10% Rental Escalations Every 5 Years
- Heartland Beef, Inc. (HBI) (Parent Company) is the 15th Largest Arby’s Franchisee with 39 Units in Illinois, Indiana, Iowa & Ohio.
- Situated Just Off the Hard Corner Where Traffic Exceeds 17,500 CPD!
- Beef Corporation of America is a 12-Unit Entity (Recently Purchased & a Wholly Owned Subsidiary of Heartland Beef, Inc.).
- Less than 1 Mile from Indiana University - Bloomington (Total Enrollment of 43,260)
- 2020 DEMOGRAPHICS (5-MI): Total Population: 115,350 | Average Household Income: $66,834
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,292 SF
Building Class
C
Year Built/Renovated
1988/2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Zoning
Commercial
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $213,800 | |
| Land Assessment | $597,500 | Total Assessment | $811,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$597,500
Improvements Assessment
$213,800
Total Assessment
$811,300
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