123 Franklin RdBloomington, IN 47404

For Sale
$2,900,000
Prime West-Side Location, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property presents a lucrative investment opportunity in Bloomington, Indiana. Located at 123 S Franklin, this 5,494 square foot office building sits on a 1.02-acre lot, offering significant visibility and road frontage. Constructed in 1993, the single-story building boasts a mixed-use design and has undergone multiple updates and renovations. The property includes an impressive 30,000 square feet of paved site area. Currently leased to MedExpress under a triple net (NNN) lease, this investment provides a stable income stream with several years remaining on the lease term, plus options for extension. The property's address is 123 S Franklin, Bloomington, IN 47404, and its APN is 53-05-31-300-007.000-005. This is a single-tenant property with no individual units. The asking price for this prime commercial real estate is $2,900,000. This property offers a strong return on investment with its established tenant and desirable location. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving Bloomington market.

Highlights

  • $2,900,000 asking price.
  • 5,494 SF office building on 1.02 acres in Bloomington, IN.
  • Mixed-use building with multiple updates and renovations.
  • Prime West-side location with high visibility and road frontage.
  • Triple Net (NNN) lease with MedExpress; several years remaining with extension options.

Property Details for 123 Franklin Rd

Property type
Office properties, Land
Square Feet
5,494 SF
Year Built
1993
Buildings
1
Stories
1
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.1653706
Longitude
-86.5705698
123 Franklin Rd, Bloomington, Indiana

FAQs

What type of property is this?
Office property - Prime West-Side Location, NNN Lease
Where is the office property located?
The property is located at 123 Franklin Rd Bloomington, IN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: $2,900,000 asking price.; 5,494 SF office building on 1.02 acres in Bloomington, IN.; Mixed-use building with multiple updates and renovations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
123 Franklin Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message