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Bank Building with NNN Lease
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602 W Broadway St, Loogootee, IN 47553

Single-floor bank property with basement space and a triple-net lease structure.

Property Size2,882 SF
Days on Market144

Property Features for 602 W Broadway St

General Information

Standard status Active
Size 2,882 SF
Total Parking Spaces 24
Property subtype Retail

Building Details

Year Built 1986
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Keller Williams Capital Realty
Listed By: Charlie Butler · License #IN RB14034751
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:51AM

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 Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

This bank property at 602 W Broadway St in Loogootee, Indiana, includes 2,882 square feet across a single-floor layout and a basement. Constructed in 1986, the building provides a dedicated commercial setting with on-site parking for employees and visitors.

The property is subject to a Triple Net (NNN) lease. Under the current structure, the tenant handles maintenance, property taxes, and insurance, limiting the landlord’s ongoing property responsibilities. The site is positioned near the central business district, major thoroughfares, and local amenities, with both pedestrian and vehicular activity identified in the surrounding area.

Key Highlights

  • 2,882‑square‑foot bank building constructed in 1986
  • Single‑floor layout with a spacious basement
  • 24 on‑site parking spaces

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Dental Office Bakery Furniture & Home Goods

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 47553, IN

8,625
Population
3,453
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
84%
High-School Grad
138.6 sq mi
ZIP Area
62
Density / Sq Mi
$74,533
Median Household Income
$44,611
Median Earnings
$688
Median Rent
$197,000
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 - Single-floor bank property with basement space and a triple-net lease structure.
Where is this bank located?
The property is located at 602 W Broadway St Loogootee, IN.
What are key features of this property?
This property features: 2,882‑square‑foot bank building constructed in 1986; Single‑floor layout with a spacious basement; 24 on‑site parking spaces
(812) 449-0050 Call to check price and availability
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