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Eight-Building Office Portfolio
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321 S Landmark, Bloomington, IN 47403

Adjacent office buildings serve medical, government, educational, and professional-service tenants in a shared park setting.

Property SizeContact for details
Days on Market144

Property Features for 321 S Landmark

General Information

Standard status Active
Property subtype Office
Occupancy 96%

Building Details

Buildings 8
Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Frank Roti · License #IL 475.139806
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:54AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This portfolio comprises eight office buildings positioned next to one another within an established office park. The tenant mix includes medical, government, educational, and other professional-service users, providing a range of office occupancy across the property. The Bloomington asset is located at 321 S Landmark, Bloomington, IN 47403.

Current occupancy is 96%. Nearly all leases use a triple-net structure, while most include annual rent adjustments linked to the Consumer Price Index. The property also offers substantial parking and access described as favorable for office users. Its central Bloomington setting places the buildings in a market associated with Indiana University and approximately 85,000 residents.

Key Highlights

  • Eight office buildings located adjacent to one another in a shared office park
  • 96% current occupancy
  • Nearly all leases are structured as triple net

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Garden Center Storage Facility Grocery & Convenience Store Furniture & Home Goods

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

96%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby

Demographics for 47403, IN

33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
Median Home Value

Market

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 building - Adjacent office buildings serve medical, government, educational, and professional-service tenants in a shared park setting.
Where is this office building located?
The property is located at 321 S Landmark Bloomington, IN.
What are key features of this property?
This property features: Eight office buildings located adjacent to one another in a shared office park; 96% current occupancy; Nearly all leases are structured as triple net
(312) 787-0666 Call to check price and availability
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