1474 State St, Greenfield, IN 46140
- Commercial real estate
- 2,540 SF
- 1.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1474 State St
- Year built
- 2024
- Lot size
- 1.18 lot acres
- Property type
- Commercial real estate
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 5, 2026 | — | Brg Greenfield LLC | State Street Shoppes LLC | Warranty Deed | — |
| Jan 9, 2024 | — | State Street Shoppes LLC | Indiana Gas Company INC | Quitclaim Deed · related | $2.1M · First Financial Bank NA |
| Jun 26, 2020 | $260,000 | State Street Shppes LLC | Progress Parkway LLC | Warranty Deed | — |
| Jun 20, 2018 | $230,000 | Progress Parkway LLC | James E Wiseman | Warranty Deed | — |
Description
This exceptional investment opportunity presents a fee-simple interest in a brand-new (2024) Starbucks located at 1474 N State St, Greenfield, IN 46140. The property boasts 2,540 square feet on a 1.18-acre lot, situated in a central location within Greenfield, the county seat of Hancock County. This single-tenant retail property operates under a 10-year net lease (NNN) with four options, significantly reducing landlord responsibilities. The lease is corporately guaranteed by Starbucks Corporation, a credit-rated tenant (BBB+ by S&P) with a strong financial history. The property features both dine-in and drive-thru capabilities, catering to the high demand in the Indianapolis MSA (2.1M+ population). The asking price is $3,755,000, translating to $1,478.35 per square foot. The property is currently 100% occupied and zoned CN. This represents a compelling investment opportunity due to the strong tenant, long-term lease, and prime location within a growing market. The property's recent construction and established tenant ensure a stable and attractive return on investment. This is a rare chance to acquire a high-quality, net-leased property anchored by a globally recognized brand.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Greenfield
- County
- Hancock
- State
- Indiana
- Longitude
- -85.7701288
- Latitude
- 39.802833
