4023 W 3rd St

For Sale

4023 W 3rd St, Bloomington, IN 47404

This Bloomington property for sale is located at 4023 W 3rd St. The current listed sale price for 4023 W 3rd St is $2,864,300. 4023 W 3rd St is situated on a lot that is 1.52 acre in size.

Contacts

broker
Brad Teitelbaum

Bellagio Real Estate Partners

broker
Connor Oke

Bellagio Real Estate Partners

broker
Austin Coll

Bellagio Real Estate Partners

Property Details

  • Property Type Retail
  • Property Size 19,700 SF
  • Lot Size 1.52 Acre
  • Cap Rate % 7.5
  • NOI / YR $214,822.00
  • Year Built 1973
  • Date Updated Mar 26, 2025

Anchor tenant CSL Plasma (subsidiary of credit-rated CLS Limited) occupies over 50% of the GLA with a lease commitment through 2034.

 

Significant surrounding traffic provided by an established retail corridor with Kroger, Lowe’s, Menards, HomeGoods, PetSmart, Michaels, T.J. Maxx, Shoe Carnival, Office Depot, Planet Fitness, CVS, Outback Steakhouse, Chipotle, Arby’s, Wendy’s, Taco Bell, Speedway, Marathon, and Crew Carwash.

 

Bloomington is home to Indiana University, with over 47,000 students and 2,500 faculty members providing a consistent customer base for the tenants.

 

Generating additional income of $3,720 through pylon signage rental to Big Red Liquors and Cloverleaf Restaurant.

 

Half a mile proximity to the entrance and exit to I-69 (44k VPD).

 

Multiple access points, including left hand turn in and out.

 

Ample shared parking, plus large additional dedicated parking lot on West end of property.

 

Great visibility with attractive pylon signage.

 

Cloverleaf underwent a recent remodel showing commitment by the tenant.

 

Built in rental increases.

 

Just off signalized corner, with access points from both 3rd Street and Curry Pike (Combined 30,000 VDP).

 

Less than a mile from Ivy Tech Community College Bloomington Campus with over 6,500 students.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 58/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bloomington, IN
  • Neighborhood Highland Village
  • Zip Code 47404
  • Market Indianapolis

Points of Interest

  • Marathon

    0.06 miles

  • Kroger

    0.19 miles

  • Tesla Supercharger

    0.31 miles

  • Mobil

    1.20 miles

  • Circle K

    2.83 miles

  • Speedway

    3.10 miles

  • Citgo

    3.38 miles

  • Menards Parking Lot

    0.65 miles

  • Kroger Seminary Square Parking Lot

    2.62 miles

  • 4th Street Garage

    2.69 miles

  • Colstone Square Parking

    2.98 miles

  • Poplars Parking Garage

    2.98 miles

  • Municipal Lot #1

    2.99 miles

  • Von Lee Parking Lot, 404

    3.04 miles

  • Henderson Parking Garage

    3.10 miles

  • Handicap Parking

    3.12 miles

  • Leonard Springs Parking Lot

    3.13 miles

  • Cloverleaf Restaurant

    0.01 miles

  • Burger King

    0.16 miles

  • Long John Silver's

    0.17 miles

  • Naughty Dog

    0.18 miles

  • Square Donuts

    0.19 miles

  • Taco Bell

    0.20 miles

  • KFC

    0.23 miles

  • Bucceto's Pizza & Pasta

    0.26 miles

  • Casa Brava

    0.35 miles

  • Subway

    0.36 miles

  • Kroger

    0.23 miles

  • Big Lots

    0.24 miles

  • Fresh Thyme

    0.28 miles

  • TJ Maxx

    0.54 miles

  • Ross

    0.57 miles

  • Kohl's

    0.88 miles

  • ALDI

    1.25 miles

  • Walmart Supercenter

    1.59 miles

  • Bloomingfoods Market & Deli Near West Side

    2.54 miles

  • Fountain Square Mall

    2.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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