2825 Broadway StPrinceton, IN 47670

For Lease
$30/SF/YR

3,832 SF Restaurant, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
90
This 3,832 square foot retail property, located at 2825 W Broadway St, Princeton, IN 47670, is available for lease or ground lease. Situated on a busy signalized intersection in the Town Fair Shopping Center across from a Walmart Supercenter, this single-tenant building boasts excellent visibility and high traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US-41). The property sits on approximately one acre of land and includes 85 parking spaces. Built in 1995, the building is currently operating as a Bob Evans restaurant until April 26th, presenting a redevelopment opportunity. The property benefits from a cross easement access and is surrounded by national retailers such as Walmart, GMC, Maurices, and Dollar Tree. Zoned commercial (APN: 26-11-11-300-004.086-028), this location offers flexible development options. The asking rate for a ground lease is $10,000 per month NNN, while a lease of the existing building is offered at $30 per square foot NNN, with a preferred lease term of 120 months. The property is also available for sale at $1,800,000 as-is.

Highlights

  • 3,832 SF retail building available for lease, ground lease, or sale at $1,800,000.
  • Located at 2825 W Broadway St, Princeton, IN 47670, in the Town Fair Shopping Center across from a Walmart Supercenter.
  • High traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US-41) and excellent visibility at a signalized intersection.
  • One-acre site with 85 parking spaces; built in 1995, currently a Bob Evans (vacating April 26th), offering redevelopment potential.
  • Ground lease: $10,000/month NNN; Building lease: $30/SF NNN (120-month preferred term).
  • Zoned commercial (APN: 26-11-11-300-004.086-028) with flexible development options and surrounded by national retailers.

Property Details for 2825 Broadway St

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
3,832 SF
Year Built
1995
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
3,832 SF
Rate per SF
$30

Location Insight

City
Princeton
County
Gibson
State
Indiana
Latitude
38.355029093284
Longitude
-87.605484415743
2825 Broadway St, Princeton, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].
2825 Broadway St
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