High-Traffic Retail Property For
2732 N State St, Greenfield, IN
Call to check price and availability
Retail property with drive-thru, located near I-70 and State St.
Type:RETAIL
Property size:
2,164 SFLot size:
4.35 AcresPrice / SF:
$1,385/SF- Added:
- Jun 16, 2025
- Days on Market:
- 349
- Last Refresh:
- May 20 at 8:41 pm
Property Features for 2732 N State St
General Information
- Standard status
- Active
- Size
- 2,164 SF
- Lot size
- 4.35 Acres
- Property subtype
- RETAIL
Listing agent Jon Bannister License #24001509 (317) 493-1267
Listing office Veritas Realty (317) 493-1267
Listing date Jun 16, 2025
Source Moodyscre
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 Veritas Realty
HighLights
- New Starbucks location opened August 2024 with a 10‑year primary lease term and four 5‑year renewal options.
- Located at the intersection of I‑70 and State St, capturing high commuter and residential traffic.
- 7.50% rental increases every five years, including renewal options, maximizing cash flow.
- Tenant reimburses all CAM, Real Estate Taxes, and Insurance expenses, reducing NOI fluctuations.
- Located in Hancock County, the fastest‑growing county in Indiana (3.70% residential growth in 2023).
- Large 1.371‑acre parcel with ample parking (39 spaces) and a drive‑thru stacking queue for 20 cars.
Overview
The subject property is strategically located at the I-70 and State St interstate interchange, capturing daily commuter traffic and serving a rapidly growing residential population. The property, with a building size of 2164 square feet, is positioned on a 1.371-acre parcel, providing 39 parking spaces and a drive-thru stacking queue that accommodates 20 cars. Hancock County, with Greenfield as its County Seat, was the fastest-growing county in Indiana in 2023, experiencing residential growth of 3.70%. Contributing to this growth are the 25 businesses that have announced expansions or new locations since 2019. The retail corridor is anchored by Walmart, Kroger, Home Depot, Aldi, Kohls, Tractor Supply, and Ace Hardware. The corridor has experienced new retail development over the past few years including new locations for Chick-Fil-A, Olive Garden, Chipotle, Panera, Culvers, Panda Express, Valvoline, McAlister’s Deli, Forum Credit Union, and Verizon. The tenant is required to reimburse for all CAM, Real Estate Taxes, and Insurance expenses. This property is suitable for coffee shops, restaurants, retail properties, and drive-through restaurants.
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Places Nearby
- Tour Of Italy Cafe — 5 American Legion Pl, Greenfield, IN 46140
- Lincoln Square Pancake House Greenfield — 118 W Main St, Greenfield, IN 46140
- Quality Coffee Services — 603 W North St, Greenfield, IN 46140
- Parched — 13 N State St, Greenfield, IN 46140
Location Insight
- Map
- Local Demand
- City
- Greenfield
- County
- Hancock
- State
- Indiana
- Longitude
- -85.7702
- Latitude
- 39.8256
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FAQs
What type of property is this?
Coffee shop - Retail property with drive-thru, located near I-70 and State St.
Where is this coffee shop located?
The property is located at 2732 N State St Greenfield, IN.
What is the asking price?
The asking price for this property is $2,998,336.
What are key features of this property?
This property features: New Starbucks location opened August 2024 with a 10‑year primary lease term and four 5‑year renewal options.; Located at the intersection of I‑70 and State St, capturing high commuter and residential traffic.; 7.50% rental increases every five years, including renewal options, maximizing cash flow.
