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Bloomington, IN NNN Properties for Sale

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Leased Office Building with Updates
Updated: Oct 18, 2024
Leased Office Building with Updates

123 S Franklin Road, Bloomington, IN 47404

$2,900,000
1.02 AC lot
5,494 SF office building on Bloomington’s west‑side
Mixed‑use building with central air, carpet and tile flooring, and an asphalt shingle roof
Currently leased by MedExpress under a triple‑net lease with several years remaining plus extension options
Includes multiple updates and renovations
Features approximately 30,000 SF of site pavement and road frontage
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Indiana University NNN Property
Updated: Mar 27
Indiana University NNN Property

3700 W 3rd St, Bloomington, IN 47404

$2,422,000
3,186 sqft
Indiana University Tenant ensures reliable income.
Absolute NNN Lease offers a hands‑off investment.
1.50% Annual Increases provide a hedge against inflation.
Year Built: 2012, relatively new construction.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Martinsville Walgreens For Sale
Martinsville Walgreens For Sale

25 Bills Blvd, Martinsville, IN

$2,700,000
14,525 sqft 2.18 AC lot

14,525 SF Walgreens located in Martinsville, Indiana for sale.

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Dutch Bros Drive-Thru NNN Investment
Dutch Bros Drive-Thru NNN Investment

8525 S Emerson Avenue, Indianapolis, IN 46237

$3,080,000
950 sqft

Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

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Freestanding Arby's in Martinsville, IN
Freestanding Arby's in Martinsville, IN

273 Grand Valley Blvd, Martinsville, IN

$1,597,500
2,159 sqft 1.22 AC lot

Single tenant Arby's in top 10% performing location.

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Indianapolis Retail Investment Opportunity
Indianapolis Retail Investment Opportunity

9240 Rockville Rd, Indianapolis, IN

$5,385,000
14,490 sqft 1.75 AC lot

NNN leased retail property in dense Indianapolis retail corridor.

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Bloomington, IN Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Bloomington, IN on our real estate platform. These investment opportunities span a total of 3,186 square feet of properties for sale, with an estimated market value of $2,422,000.

Sale prices for triple net lease properties in Bloomington, IN start at $2,422,000, averaging $2,422,000, and reaching up to $2,422,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 129K
Population Growth (5Y) +5.6%
Median Household Income $60,732
College Educated 52.2%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47404 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $17.52 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 10,000 to 25,000 square foot range.

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