1500 Broadway St Princeton, IN 47670
This exceptional 99,454 square foot retail strip center, located at 1500 W Broadway St, Princeton, IN 47670, presents a unique investment opportunity. Built in 1970 and extensively renovated in 2017, the single-story building boasts a prime location on West Broadway Street, with convenient access via Second Ave. The property is zoned GB and features a total of one building. Multiple spaces are available, ranging from a minimum of 7,620 square feet to a maximum contiguous space of 25,367 square feet, offering flexibility for various retail concepts. The center benefits from strong existing tenancy, including a Ruler Foods anchor tenant, along with Cricket Wireless, American Rental, Auto Zone, Luxury Nails, Yamato Japanese Steakhouse, Scooter's Coffee, and New Image Family Fitness. This established neighborhood center provides everyday conveniences to its customers, situated amongst residential areas and complementary businesses. The property's APN is 26-11-12-302-002.215-028. This is an ideal opportunity to establish or expand your retail presence in a thriving Indiana community. The property offers high visibility and accessibility, making it an attractive location for a variety of businesses. The recent renovations ensure the property is in excellent condition and ready for immediate occupancy.
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Coinstar Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.