707 State St Newburgh, IN 47630
For Lease
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This exceptional 1,237 square foot retail storefront is located at 707 State Street in Newburgh, Indiana, within a larger 10,314 square foot building constructed in 2018. The property sits on a 1.63-acre lot, offering ample space and visibility. Currently, one suite is immediately available, boasting a lease rate of $2,250 per month, triple net (NNN). This space is part of a multi-tenant building with a total of four suites. The property enjoys a highly desirable location at the intersection of Sharon Road and State Street, benefiting from significant traffic volume, averaging 6,264 cars per day. The building is zoned commercial and features a convenient location anchored by the popular Tin Fish Restaurant, ensuring high foot traffic and visibility for your business. The property's APN is 87-12-34-402-014.000-014, and it is situated in Warrick County. This is a fantastic opportunity for a business seeking a well-located, modern retail space in a thriving area. The minimum divisible space is 1,237 square feet.
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Newburgh Tavern Bar & Pub
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The Tin Fish Restaurant
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Chinnos - Newburgh Hair Salon
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
Similar Nearby for Lease
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.