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New PNC Bank For Sale
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309 N Washington St, Crawfordsville, IN 47933

Brand-new PNC Bank with a 15-year absolute NNN lease.

Property Size3,000 SF
Price / SF$533.33
Days on Market142

Property Features for 309 N Washington St

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail
Lease Type Absolute Net
Net Operating Income $80,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Matthews
Listed By: Daniel Gonzalez · License #SL3463209 (FL)
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 9 at 11:16AM

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 Matthews

Investment Insights

Based on property information with market context.

This commercial property features a brand-new PNC Bank location. The property is operating under a 15-year absolute NNN lease with a corporate guarantee. The tenant has invested $2.7 million in the location. The property size is 3,000 square feet.

Key Highlights

  • Brand‑new PNC Bank
  • Benefit from a 15‑year absolute NNN lease
  • Corporate guarantee in place

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick HVAC Service Auto Repair Shop Storage Facility Furniture & Home Goods Butcher Florist

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

682
Businesses Nearby

Demographics for 47933, IN

28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
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
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Frequently Asked Questions

What type of property is this?
Bank - Brand-new PNC Bank with a 15-year absolute NNN lease.
Where is this bank located?
The property is located at 309 N Washington St Crawfordsville, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Brand‑new PNC Bank; Benefit from a 15‑year absolute NNN lease; Corporate guarantee in place
(239) 994-9643 Call to check price and availability
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