2825 West Broadway St Princeton, IN 47670

This 3,832 square foot retail property, located at 2825 W Broadway St, Princeton, IN 47670, is available for lease or ground lease. Situated on a busy signalized intersection in the Town Fair Shopping Center across from a Walmart Supercenter, this single-tenant building boasts excellent visibility and high traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US-41). The property sits on approximately one acre of land and includes 85 parking spaces. Built in 1995, the building is currently operating as a Bob Evans restaurant until April 26th, presenting a redevelopment opportunity. The property benefits from a cross easement access and is surrounded by national retailers such as Walmart, GMC, Maurices, and Dollar Tree. Zoned commercial (APN: 26-11-11-300-004.086-028), this location offers flexible development options. The asking rate for a ground lease is $10,000 per month NNN, while a lease of the existing building is offered at $30 per square foot NNN, with a preferred lease term of 120 months. The property is also available for sale at $1,800,000 as-is.