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Arby's 535 S Walnut St 2,287 SF of Retail Space Available in Bloomington, IN 47401

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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,287 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $57,175 /YR $4,765 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Located at 535 S. Walnut St., this former Arby’s offers ±2,169 square feet of freestanding retail space available for lease at $25.00/SF NNN. The property includes an existing drive-thru window and a dedicated on-site parking lot, making it well-suited for quick-service restaurants, coffee users, and other high-traffic retail concepts. Positioned along a visible and accessible corridor, the site benefits from strong frontage and convenient ingress/egress. The existing building configuration allows for efficient reuse, providing a cost-effective opportunity for operators seeking a drive-thru-capable location. This property presents an excellent opportunity for QSR, fast-casual dining, beverage concepts, or other service-oriented retail users looking to establish a presence in a proven commercial location.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 2,287 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $57,175 /YR $4,765 /MO Triple Net (NNN)

1st Floor

Size
2,287 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $57,175 /YR $4,765 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Located at 535 S. Walnut St., this former Arby’s offers ±2,169 square feet of freestanding retail space available for lease at $25.00/SF NNN. The property includes an existing drive-thru window and a dedicated on-site parking lot, making it well-suited for quick-service restaurants, coffee users, and other high-traffic retail concepts. Positioned along a visible and accessible corridor, the site benefits from strong frontage and convenient ingress/egress. The existing building configuration allows for efficient reuse, providing a cost-effective opportunity for operators seeking a drive-thru-capable location. This property presents an excellent opportunity for QSR, fast-casual dining, beverage concepts, or other service-oriented retail users looking to establish a presence in a proven commercial location.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Arby's

  • Tenant
  • Description
  • US Locations
  • Reach
  • Beef Corp Of America
  • Restaurant
  • 1
  • -
  • Tracey Cohen
  • -
  • 1
  • -
Tenant Description US Locations Reach
Beef Corp Of America Restaurant 1 -
Tracey Cohen - 1 -

Property Facts

Total Space Available 2,287 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 2,287 SF
Year Built 1998

About the Property

Located at 535 S. Walnut St., this former Arby’s offers ±2,169 square feet of freestanding retail space available for lease at $25.00/SF NNN. The property includes an existing drive-thru window and a dedicated on-site parking lot, making it well-suited for quick-service restaurants, coffee users, and other high-traffic retail concepts. Positioned along a visible and accessible corridor, the site benefits from strong frontage and convenient ingress/egress. The existing building configuration allows for efficient reuse, providing a cost-effective opportunity for operators seeking a drive-thru-capable location. This property presents an excellent opportunity for QSR, fast-casual dining, beverage concepts, or other service-oriented retail users looking to establish a presence in a proven commercial location.

  • Pylon Sign
  • Signage
  • Drive Thru
  • Monument Signage
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Kroger
Chase Bank
Jazzercise
Regions Bank
Coffee Beanery
Starbucks
Everbowl
Noodles & Company
Five Guys
CrossFit
  • Listing ID: 39077326

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 535 S Walnut St, Bloomington, IN 47401

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