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Redevelopment Retail Anchor with Drive-Through
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510 S College Mall Rd, Bloomington, IN 47401

Redevelopment anchor space with flexible room configurations and a proposed drive-thru endcap.

Space Size46,841 SF
Days on Market834

Property Features for 510 S College Mall Rd

General Information

Standard status Active
Size 46,841 SF
Property subtype RETAIL

Spaces For Lease

at 510 S College Mall Rd Contact us

College Mall Retail

Size
46,841 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
1.4 million visits per year (Placer ai). Rare +/-46,841 square foot anchor redevelopment...
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Listing Agency: Radar Commercial Real Estate, LLC
Listed By: John Byrne · License #RB14042204
Source: Moodyscre
Added: May 28, 2024 Changed: Aug 14 Last Checked: Sep 7 at 9:25AM

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 Radar Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

An approximately 46,841-square-foot retail anchor redevelopment opportunity with flexible configuration options, including existing rooms of about 27,000 SF and 20,000 SF that can be combined, subdivided, or expanded. A proposed approximately 2,600-square-foot drive-thru endcap is planned for the south end of the building.

The property is located across from Simon's College Mall, which includes Target, Dick’s, Ulta, and Dave & Buster’s. Public remarks also cite about 1.4 million visits per year (Placer AI). The site is less than a mile from Indiana University and the IU hospital.

Key Highlights

  • +/-46,841 SF anchor redevelopment opportunity across from Simon's College Mall (Target, Dick's, Ulta, Dave & Buster's)
  • 1.4 million visits per year (Placer AI)
  • Less than 1 mile from Indiana University (48k enrollment) and IU hospital

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47401, IN

41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
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?
Shopping center - Redevelopment anchor space with flexible room configurations and a proposed drive-thru endcap.
Where is this shopping center located?
The property is located at 510 S College Mall Rd Bloomington, IN.
What are key features of this property?
This property features: +/-46,841 SF anchor redevelopment opportunity across from Simon's College Mall (Target, Dick's, Ulta, Dave & Buster's); 1.4 million visits per year (Placer AI); Less than 1 mile from Indiana University (48k enrollment) and IU hospital
(317) 590-8578 Call to check price and availability
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