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Office Units with Multiple Offices
For Lease
$18 SF/Yr CAM $4.50 /USD/SF/YR

102-451 S Park Ridge Rd, Bloomington, IN 47408

Configured with bathrooms, a kitchen, and storage, with the combined suites capable of being separated for leasing.

Space Size2,750 SF
Days on Market194

Property Features for 102-451 S Park Ridge Rd

General Information

Standard status Active
Size 2,750 SF
Net Rentable 2,750 SF

Space & Availability

Available Space 2,750 SF
Contiguous Space 2,750 SF
Divisible Yes
Space Use Office
Private Offices 7

Lease Terms

Lease Rate $18 /USD/SF/YR
Monthly Rent $4,125
Rent per SF/Year $18
CAM $4.50 /USD/SF/YR
Flexible Term Yes

Taxes and HOA fees

Annual Taxes $7,500

Amenities

bathrooms
kitchen
storage space
Listing Agency: Choice Realty & Management
Listed By: Lori Todd
Source: Exprealty
Added: Feb 17 Changed: Aug 30 Last Checked: Aug 30 at 12:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Choice Realty & Management

Investment Insights

Based on property information with market context.

This office offering is configured as Suite 101 and Suite 102 together, with 7 private offices, 2 bathrooms, a kitchen, and dedicated storage space. The landlord can close off the combined layout upon leasing, allowing the suites to be separated. Any tenant build-outs are the tenant’s responsibility, while lease terms are negotiable.

The property is located at 102-451 S Park Ridge Rd in Bloomington, Indiana, within the Montauk Point area. Its existing office layout and support spaces provide a functional starting point for an occupant seeking a multi-office commercial configuration.

Key Highlights

  • 7 existing offices within the combined Suite 101 and Suite 102 layout
  • 2 bathrooms, kitchen, and storage space included
  • Landlord can separate the combined suites upon leasing

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Building Supply Auto Repair Shop Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 47408, IN

22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value

Market

Lease Benchmarks for Bloomington, IN

$19.26 /SF/Yr
Avg Asking Price
$2.4–$50 /SF/Yr
Price Range
1,583 SF
Avg Space Size

This space is priced 7% below the average of $19.26 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Configured with bathrooms, a kitchen, and storage, with the combined suites capable of being separated for leasing.
Where is this office units located?
The property is located at 102-451 S Park Ridge Rd Bloomington, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 7 existing offices within the combined Suite 101 and Suite 102 layout; 2 bathrooms, kitchen, and storage space included; Landlord can separate the combined suites upon leasing
More about this property
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