1663 Liberty Dr Bloomington, IN 47403

This exceptional 51,735 square foot office building, situated on a 6.24-acre lot in Bloomington, Indiana (1663 Liberty Dr, 47403), presents a compelling investment opportunity. Currently vacant, this Class C building offers a Net Lease structure (NNN), with the landlord's responsibility limited to building structure maintenance. The property boasts a strong financial profile, including an asking price of $7,000,000, a cap rate of 11.36%, and a substantial net operating income (NOI) of $795,204. Built in 2000 and renovated in 2015, the property features a 10-year lease (commencing September 1, 2015, expiring September 1, 2025), with a remaining term of 0.8 years and a 5-year option. The tenant was credit-rated. The property's strategic location, 3.5 miles from Indiana University Bloomington and off Interstate-69/Indiana State Road 37 (with over 40,000 vehicles daily), provides exceptional visibility and accessibility. The surrounding area is densely populated (109,000+ within a 5-mile radius, projected 2.5% growth in 5 years), with an average household income exceeding $59,000. National retailers such as Aldo, FedEx, TJ Maxx, McDonald's, Menards, Kroger, Kohls, Starbucks, Sam's Club, AutoZone, and BioLife are nearby. The property is suitable for executive, medical, or traditional office uses. The price per square foot is $135.30. This is a rare opportunity to acquire a well-located, high-performing office building with significant upside potential.