2825 Broadway St Princeton, IN 47670
Sponsored
Prime QSR location; high traffic; redevelopment opportunity.
Property size:
3,832 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 2825 Broadway St
General Information
- Property type
- Restaurants
- Square Feet
- 3,832 SF
- Class
- A
Building Details
- Year Built
- 1995
- Buildings
- 1
- Stories
- 1
HighLights
- $1,800,000 asking price for a 3,832 sq ft QSR/Fast Food retail property in Princeton, IN.
- NNN lease, single tenant (Bob Evans), expiring 4/1/2026 (1.4 years remaining).
- Currently 100% occupied, generating $57,000 NOI, with a pro‑forma NOI of $120,000 and a pro‑forma cap rate of 6.67%.
- Located on a busy signalized intersection, across from a Walmart Supercenter, with ample parking.
- 1‑acre site with excellent visibility and high traffic counts (18,600+ AADT on West Broadway Street and 16,533+ AADT on US‑41).
- Surrounded by national retailers (Walmart, GMC, Maurices, Dollar Tree).
Property Profile
Location Intelligence
Current Use by Public Records
Bob Evans
Family Restaurant
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Gibson
- State
- Indiana
- Longitude
- -87.605484415743
- Latitude
- 38.355029093284
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime QSR location; high traffic; redevelopment opportunity.
Where is this restaurant located?
The property is located at 2825 Broadway St Princeton, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: $1,800,000 asking price for a 3,832 sq ft QSR/Fast Food retail property in Princeton, IN.; NNN lease, single tenant (Bob Evans), expiring 4/1/2026 (1.4 years remaining).; Currently 100% occupied, generating $57,000 NOI, with a pro-forma NOI of $120,000 and a pro-forma cap rate of 6.67%.
