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Freestanding Restaurant Building

1106 Indianapolis Road, Greencastle, IN 46135

For Lease
New
Contact for pricing

The property sits on Greencastle’s main retail corridor, with entry available from Indianapolis Road and 5th Street.

Space Size3,505 SF
Lot Size1.07 Acres
Days on Market6

Property Features for 1106 Indianapolis Road

General Information

Standard status Active
Size 3,505 SF
Net Rentable 3,505 SF
Lot size 1.07 Acres
Property subtype Retail

Space & Availability

Available Space 3,505 SF
Contiguous Space 3,505 SF
Space Use Restaurant

Site & Location

Frontage 280 ft
Traffic Count 9,608 vehicles/day
Road Access Yes

Building Details

Building Size 3,505 SF
Tenancy Single

Spaces For Lease

at 1106 Indianapolis Road
Space 1 Active
Size 3,505 SF
Contact us
Listing Agency: Marcus & Millichap - Louisville
Listed By: Darby Molloy · License IN #282212
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Louisville

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Investment Insights

Based on property information with market context.

At 1106 Indianapolis Road in Greencastle, this freestanding 3,505-square-foot retail building occupies 1.07 acres. It was formerly operated as a Pizza Hut and is available for lease.

Indianapolis Road frontage extends approximately 280 feet. Access is available from both Indianapolis Road and 5th Street, along a retail corridor carrying 9,608 vehicles per day. Greencastle is approximately 40 miles west of Indianapolis and serves as Putnam County’s commercial hub. The three-mile trade area has 12,389 residents.

Key Highlights

  • Freestanding 3,505‑square‑foot building on 1.07 acres
  • Approximately 280 feet of frontage along Indianapolis Road
  • 9,608 vehicles per day on Indianapolis Road

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage HVAC Service Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,608 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby
149k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 26% Home Improvements & Furnishings 8% Groceries 6%
McDonald's Dining
25,059 visits/mo 0.4 miles
Speedway Shops & Services
18,471 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
11,539 visits/mo 0.2 miles
Wendy's Dining
11,210 visits/mo 0.3 miles
Aldi Groceries
9,300 visits/mo 0.3 miles

Demographics for 46135, IN

19,869
Population
7,148
Households
2.8
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
167.1 sq mi
ZIP Area
119
Density / Sq Mi
$70,847
Median Household Income
$33,314
Median Earnings
$902
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property sits on Greencastle’s main retail corridor, with entry available from Indianapolis Road and 5th Street.
Where is this retail space located?
The property is located at 1106 Indianapolis Road Greencastle, IN.
What are key features of this property?
This property features: Freestanding 3,505‑square‑foot building on 1.07 acres; Approximately 280 feet of frontage along Indianapolis Road; 9,608 vehicles per day on Indianapolis Road
(502) 329-5932 Call to check price and availability
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