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309 N Walnut St
Bloomington, IN 47404
Taco Bell · Retail Property For Sale


Investment Highlights
- No Landlord Responsibilities: Absolute NNN lease structure
- Great Location: On the corner of Walnut (ADT: 8,343) & 7th St
- Operating History: 25+ years of success at this location
- Rental Increases: 1.50% annual increase
- Retail Corridor: Indiana University, Kilroy’s Sports, Yogi’s, Janko’s Little Zagreb, Bluebird, Social Cantina, Bloomington Bagel, Kirkwood Ave (retail
- Market Strength: Home of Indiana University (51,000 students)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,878 SF
Building Class
C
Year Built/Renovated
1993/2008
Price
$3,128,591 CAD
Price Per SF
$806.75 CAD
Cap Rate
5.20%
NOI
$162,687 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.60 AC
Opportunity Zone
Yes
Amenities
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 53-05-33-310-187.000-005 | Improvements Assessment | $0 CAD |
| Land Assessment | $362,102 CAD | Total Assessment | $362,102 CAD |
Property Taxes
Parcel Number
53-05-33-310-187.000-005
Land Assessment
$362,102 CAD
Improvements Assessment
$0 CAD
Total Assessment
$362,102 CAD
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