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3702 W 3rd St
Bloomington, IN 47404
Taco Bell | Bloomington, IN · Retail Property For Sale
Executive Summary
- No Landlord Responsibilities: Absolute NNN lease structure
- Rental Increases: 1.50% annual increase
- Great Location: Access of W 3rd St (ADT: 21,914) and just off I-69
- Retail Corridor: Kroger, Fresh Thyme, Lowe’s, TJ Maxx, Home Goods, Kohl’s Chipotle, Olive Garden, Outback Steakhouse, Freddy’s, Wendy’s, KFC, Verizon, Tire Barn, Crew Carwash, & many more
- Operating History: 20+ years of success at this location
- Market Strength: Home of Indiana University (51,000 students)
- Rental Increases: 1.50% annual increase
- Great Location: Access of W 3rd St (ADT: 21,914) and just off I-69
- Retail Corridor: Kroger, Fresh Thyme, Lowe’s, TJ Maxx, Home Goods, Kohl’s Chipotle, Olive Garden, Outback Steakhouse, Freddy’s, Wendy’s, KFC, Verizon, Tire Barn, Crew Carwash, & many more
- Operating History: 20+ years of success at this location
- Market Strength: Home of Indiana University (51,000 students)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,442 SF
Building Class
C
Year Built/Renovated
1987/2015
Price
$5,052,959 CAD
Price Per SF
$2,069.19 CAD
Cap Rate
5.25%
NOI
$265,280 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 53-04-36-400-032.002-012 | Improvements Assessment | $607,203 CAD |
| Land Assessment | $448,238 CAD | Total Assessment | $1,055,441 CAD |
Property Taxes
Parcel Number
53-04-36-400-032.002-012
Land Assessment
$448,238 CAD
Improvements Assessment
$607,203 CAD
Total Assessment
$1,055,441 CAD
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