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Applebee's NNN Restaurant Property
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1820 W Broadway St, Princeton, IN 47670

Established restaurant asset with a long-term lease and multiple extension options.

Property Size4,450 SF
Lot Size1.17 Acres
Days on Market143

Property Features for 1820 W Broadway St

General Information

Standard status Active
Size 4,450 SF
Lot size 1.17 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:22PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This NNN restaurant property includes approximately 4,450 rentable square feet within an estimated 1.17 parcel of land. The Applebee’s-branded property is subject to a long-term lease with 8 years remaining on the current term.

The lease provides for 2% annual increases and includes four 5-year renewal options, creating multiple paths for continued occupancy beyond the initial term. The property is located at 1820 W Broadway Street in Princeton, Indiana.

Key Highlights

  • Applebee’s‑branded restaurant property at 1820 W Broadway Street, Princeton, IN 47670
  • Approximately 4,450 rentable square feet of building space
  • Estimated 1.17 parcel of land

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Electrical Service Dental Office (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
151k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Home Improvements & Furnishings 34% Shops & Services 19% Groceries 8%
Menards Home Improvements & Furnishings
32,937 visits/mo 0.3 miles
McDonald's Dining
19,518 visits/mo 0.1 miles
Rural King Home Improvements & Furnishings
18,291 visits/mo 0.1 miles
Marathon Shops & Services
8,891 visits/mo 0.2 miles
Arby's Dining
8,664 visits/mo 0.1 miles

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Established restaurant asset with a long-term lease and multiple extension options.
Where is this nnn property located?
The property is located at 1820 W Broadway St Princeton, IN.
What are key features of this property?
This property features: Applebee’s‑branded restaurant property at 1820 W Broadway Street, Princeton, IN 47670; Approximately 4,450 rentable square feet of building space; Estimated 1.17 parcel of land
(332) 345-4222 Call to check price and availability
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