Prime Retail & Office
306 E Kirkwood Ave, Bloomington, IN
Call to check price and availability
Fully leased retail and office asset in downtown Bloomington, Indiana.
Type:RETAIL
Property size:
22,801 SFLot size:
0.40 Acres- Added:
- Sep 11, 2025
- Days on Market:
- 254
- Last Refresh:
- Apr 5 at 9:15 pm
Property Features for 306 E Kirkwood Ave
General Information
- Standard status
- Active
- Size
- 22,801 SF
- Lot size
- 0.40 Acres
- Property subtype
- RETAIL
Listing agent Rachel Patten License #RB14036381
Listing office Colliers (317) 713-2100
Listing date Sep 11, 2025
Source Moodyscre
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
HighLights
- Fully leased to Old National Bank (NYSE: ONB) through June 2036, offering stable, long‑term income.
- Located on Kirkwood Avenue, Bloomington's most active pedestrian thoroughfare near Indiana University.
- Trophy asset in a vibrant downtown corridor with high foot traffic and tenant desirability.
- Includes two adjacent parking lots (0.7 acres) offering additional income and future redevelopment potential.
- NNN lease structure provides minimal landlord responsibilities.
- Annual CPI‑based rent escalations ensure increasing cash flow.
Overview
This offering presents the opportunity to acquire a two-story retail and office asset located at 300 E Kirkwood Avenue in Bloomington, Indiana. The property has a total area of 22,801 square feet and is fully leased to Old National Bank under a long-term NNN lease that extends through June 2036, with four 5-year renewal options. The offering includes two adjacent parking lots totaling 0.7-acres, providing additional income and future redevelopment potential. The property is strategically positioned on Kirkwood Avenue, Bloomington’s most active pedestrian thoroughfare, and benefits from proximity to Indiana University, which enrolls over 45,000 students. The surrounding area features a mix of retail, dining, and cultural attractions, ensuring consistent foot traffic. This investment offers stable in-place cash flow, annual CPI-based rent escalations, and minimal landlord responsibilities, in the heart of Downtown Bloomington and Indiana University.
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.5305
- Latitude
- 39.1662
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FAQs
What type of property is this?
Bank - Fully leased retail and office asset in downtown Bloomington, Indiana.
Where is this bank located?
The property is located at 306 E Kirkwood Ave Bloomington, IN.
What are key features of this property?
This property features: Fully leased to Old National Bank (NYSE: ONB) through June 2036, offering stable, long‑term income.; Located on Kirkwood Avenue, Bloomington's most active pedestrian thoroughfare near Indiana University.; Trophy asset in a vibrant downtown corridor with high foot traffic and tenant desirability.
