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Office Suite with Private Offices
For Lease
$14 SF/Yr CAM $6.97 /USD/SF/YR

104-400 W 7th St, Bloomington, IN 47408

The interior combines private offices with an open work area, reception, kitchenette, and dedicated file room.

Space Size3,551 SF
Property Size29,149 SF
Days on Market922

Property Features for 104-400 W 7th St

General Information

Standard status Active
Size 3,551 SF
Net Rentable 3,551 SF
Lease Type NNN

Space & Availability

Available Space 3,551 SF
Contiguous Space 3,551 SF
Space Use Office
Private Offices 11

Lease Terms

Lease Rate $14 /USD/SF/YR
Total Rate $6,205
Monthly Rent $4,142
Rent per SF/Year $14
CAM $6.97 /USD/SF/YR

Taxes and HOA fees

Annual Taxes $43,504

Amenities

kitchenette
reception
file room
large conference room

Building Details

Building Size 29,149 SF
Listing Agency: Colliers International
Listed By: Dave Harstad · License #RB14036381
Source: Exprealty
Added: Apr 5, 2024 Changed: Oct 11 Last Checked: Oct 13 at 12:51AM

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 Colliers International

Investment Insights

Based on property information with market context.

Suite 104 provides 3,551 square feet in the historic Johnson Creamery, a 29,149-square-foot office building. Its layout includes eleven private offices, a large open area, reception, a kitchenette, and a file room. Tenants may also use a large conference room in the building.

The property is at 400 W 7th St in downtown Bloomington, adjacent to the B-Line Trail and Showers Complex. Restaurants, government offices, and other downtown amenities are nearby. Parking is available at Trades District Garage, about a two-minute walk from the building.

Key Highlights

  • 3,551 SF office suite in the 29,149 SF Johnson Creamery
  • Eleven private offices, plus a large open area, reception, kitchenette, and file room
  • Use of a large conference room included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Auto Parts Store Veterinary Clinic Storage Facility Locksmith Plumbing 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,942
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

$54.29 /SF/Yr
Avg Asking Price
$10–$422 /SF/Yr
Price Range
2,157 SF
Avg Space Size

This space is priced 74% below the average of $54.29 /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 - The interior combines private offices with an open work area, reception, kitchenette, and dedicated file room.
Where is this office units located?
The property is located at 104-400 W 7th St Bloomington, IN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 3,551 SF office suite in the 29,149 SF Johnson Creamery; Eleven private offices, plus a large open area, reception, kitchenette, and file room; Use of a large conference room included
More about this property
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