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Freestanding Drive-Through Restaurant
For Sale
Contact for pricing
Pending

40 Putnam Plaza, Greencastle, IN 46135

Restaurant improvements occupy a shopping-center outlot anchored by Aldi, Tractor Supply Co, and Anytime Fitness.

Property SizeContact for details
Days on Market141

Property Features for 40 Putnam Plaza

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Veritas Realty
Listed By: Camden Chadd · License #RB22001343
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:29AM

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

Investment Insights

Based on property information with market context.

This former quick-service restaurant is a freestanding facility with approximately 3,000 SF of space and an existing drive-through. The property occupies a 0.77-acre outlot within Putnam Plaza, providing a defined commercial setting for the building and its improvements.

Putnam Plaza is anchored by Aldi, Tractor Supply Co, and Anytime Fitness. The property is located at 40 Putnam Plaza in Greencastle, Indiana, a county seat with approximately 10,000 people. Greencastle is also home to DePauw University, which has +/- 1,820 students.

Key Highlights

  • Approximately 3,000 SF freestanding restaurant
  • Existing drive‑through configuration
  • 0.77 Acre outlot within Putnam Plaza

Property Analytics

Current Use

Dairy Queen Grill ... Restaurant

Suggested Use

Top Pick Department 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

4
Businesses Nearby

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

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?
Drive through restaurant - Restaurant improvements occupy a shopping-center outlot anchored by Aldi, Tractor Supply Co, and Anytime Fitness.
Where is this drive through restaurant located?
The property is located at 40 Putnam Plaza Greencastle, IN.
What are key features of this property?
This property features: Approximately 3,000 SF freestanding restaurant; Existing drive‑through configuration; 0.77 Acre outlot within Putnam Plaza
(317) 253-4017 Call to check price and availability
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