760 Broadway St Peru, IN 46970
- Specialty properties
- 100,677 SF
Current Use by Public Records
- Specialty properties
Property Details for 760 Broadway St
- Property size
- 100,677 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional retail property, North Broadway Shopping Center, boasts 100,677 square feet of versatile space in Peru, Indiana. Currently, three spaces are available, ranging from 2,661 to 15,660 square feet, ideal for a variety of retail, restaurant, or special purpose tenants. The center is strategically located on North Broadway Street, less than two miles east of US 31, a major four-lane highway connecting Indianapolis to South Bend, Kalamazoo, and Grand Rapids. Its established location benefits from proximity to numerous national retailers along this north-south state highway. Furthermore, the center is conveniently situated less than half a mile from the Hoosier Heartland Corridor, a new four-lane highway linking West Lafayette to Fort Wayne. The property features a convenient parking lot with center turn lanes. Attractive incentives are available for new tenants, including free rent concessions, a substantial tenant improvement allowance, and flexible lease terms. The property is under new management, signifying a commitment to tenant satisfaction and property enhancement. This presents a unique opportunity to establish or expand your business in a thriving retail area with excellent highway accessibility and generous lease terms.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.0775
- Latitude
- 40.7666
