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Absolute NNN Retail Property
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3700 3rd, Bloomington, IN 47404

Absolute NNN retail investment with 1.50% annual rental increases and proven operating history.

Property Size3,186 SF
Days on Market140

Property Features for 3700 3rd

General Information

Standard status Active
Size 3,186 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Traffic Count 21,914 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Veritas Realty
Listed By: Jon Bannister · License #24001509
Source: Moodyscre
Added: Mar 18 Changed: Jul 26 Last Checked: Aug 3 at 5:07AM

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 Veritas Realty

Investment Insights

Based on property information with market context.

This is an absolute NNN retail property with no landlord responsibilities under the lease structure. The rental increases are scheduled at 1.50% annually. The property has an operating history of 14+ years at this location.

The location provides access from W 3rd St. with ADT reported at 21,914, and it is just off I-69. It sits within a retail corridor that includes major nearby businesses such as Kroger, Fresh Thyme, Lowe’s, T.J. Maxx, HomeGoods, Kohl’s, Chipotle, Olive Garden, Outback Steakhouse, Freddy’s, Wendy’s, KFC, Verizon, Tire Barn, and Crew Carwash.

The asset is offered for sale at 3700 3rd in Bloomington, Indiana.

Key Highlights

  • Absolute NNN lease structure with no landlord responsibilities
  • 1.50% annual rental increases
  • On a retail corridor near W 3rd St with access just off I‑69

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Garden Center Storage Facility

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

21,914 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN retail investment with 1.50% annual rental increases and proven operating history.
Where is this nnn property located?
The property is located at 3700 3rd Bloomington, IN.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord responsibilities; 1.50% annual rental increases; On a retail corridor near W 3rd St with access just off I‑69
(317) 493-1267 Call to check price and availability
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