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7-Eleven NNN Convenience Store

3939 West 3rd Street, Bloomington, IN 47404

For Sale
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The 7-Eleven, Inc. tenancy runs through 2038 and includes five five-year renewal options.

Property Size2,341 SF
Lot Size0.61 Acres
Price / SF$2,698
Days on Market28

Property Features for 3939 West 3rd Street

General Information

Standard status Active
Size 2,341 SF
Lot size 0.61 Acres
Property subtype Retail
Net Operating Income $315,908

Site & Location

Traffic Count 34,000 vehicles/day
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Additional Details

Cap Rate 5%
Convenience Store Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License #GA 349355
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 2:43PM

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 CBRE - Atlanta

Rey
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Investment Insights

Based on property information with market context.

This 2,341-square-foot convenience store sits on a 0.61-acre parcel at 3939 West 3rd Street in Bloomington. The property is leased to 7-Eleven, Inc. under an NNN structure, with the current term ending December 31, 2038. The lease also provides for five five-year renewal options and annual rent increases of 1.04%, with the next adjustment scheduled for January 1, 2028.

The site fronts West 3rd Street, where the corridor carries more than 34,000 vehicles per day. More than 102,000 residents live within five miles of the property.

Key Highlights

  • 2,341‑square‑foot store on a 0.61‑acre parcel
  • Leased to 7‑Eleven, Inc. through 12/31/2038
  • NNN lease includes five 5‑year renewal options

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Hair Salon

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

34,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

385
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
NNN property - The 7-Eleven, Inc. tenancy runs through 2038 and includes five five-year renewal options.
Where is this nnn property located?
The property is located at 3939 West 3rd Street Bloomington, IN.
What is the asking price?
The asking price for this property is $6,318,156.
What are key features of this property?
This property features: 2,341‑square‑foot store on a 0.61‑acre parcel; Leased to 7‑Eleven, Inc. through 12/31/2038; NNN lease includes five 5‑year renewal options
(404) 504-7893 Call to check price and availability
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