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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

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
  • Listing ID: 39405475

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 309 N Walnut St, Bloomington, IN 47404

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