4665 W Richland Plaza Dr • Bloomington, IN 47429
Year Purchased: 2022
Purchase Amount: $5,500,000.00
Equity: $2,675,000.00
Richland Plaza was acquired in November 2022 and is a 69,404 square foot grocery-anchored shopping center located in Bloomington, IN. Built in 1987, the property boasts a strong group of e-commerce-resistant tenants, including a highly-ranked IGA grocery store, Family Dollar, Subway, Hoosier Bar & Grill, China Star Restaurant and others. With a diverse tenant base and a desirable, high-traffic location, Richland Plaza has a proven operating history and offers cash flow stability with built-in rent increases.