123 Franklin RdBloomington, IN 47404

For Sale
$2,900,000

Prime Westside Location, Triple-Net Lease

Overview

Added:
Feb 3
Days on market:
37
This exceptional commercial property, situated at 123 S Franklin Road in Bloomington, Indiana, presents a compelling investment opportunity. The 5,494 square foot office building boasts a highly desirable location on the city's west side, offering excellent visibility and significant road frontage. The property's mixed-use zoning allows for versatility and future development potential. Extensive recent updates and renovations enhance the building's appeal and functionality. A substantial 30,000 square feet of paved site provides ample parking and maneuvering space. Currently, the building is fully leased to MedExpress under a triple-net lease agreement, ensuring a stable and predictable income stream. The lease has several years remaining, with options for extension, providing long-term financial security for the investor. The 1.02-acre lot offers room for expansion or future development, adding further value to this already impressive asset. This property is ideally suited for investors seeking a strong, established tenant and a prime location in a thriving Bloomington market. The combination of a stable lease, significant site improvements, and a desirable location makes this a truly exceptional investment opportunity. The asking price is $2,900,000.

Property Details for 123 Franklin Rd

Property type
Other commercial real estate
Year Built
1993
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.16536
Longitude
-86.57057
123 Franklin Rd, Bloomington, Indiana

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123 Franklin Rd
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