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2825 W Broadway St 3,386 SF of Retail Space Available in Princeton, IN 47670
Highlights
- Signalized Corner Pad
- For Sale, Lease, or Ground Lease
- 3832 SF / 1.0 Acre
- High Traffic area - near Hwy 41 interchange
- Drive Thru Possible
- 12 min from Toyota Motor Manufacturing which employs over 7500 People
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,386 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The Bob Evans at 2825 W Broadway St in Princeton, Indiana is located in Town Fair Shopping Center across from a Walmart Supercenter on a busy signalized corner intersection with ample parking, and one block from the US 41 interchange. It is available for Sale, Lease or Ground Lease, offering flexible development options to potential investors and tenants. Pricing is Negotiable on Lease or Ground Lease, Call Broker for details.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,386 SF | Total Land Area | 1.00 AC |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant | Parking Ratio | 14.35/1,000 SF |
| Gross Leasable Area | 3,832 SF |
| Total Space Available | 3,386 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,832 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1995 |
| Parking Ratio | 14.35/1,000 SF |
About the Property
Located on a Busy Signalized Intersection ,The Bob Evans at 2825 W Broadway St in Princeton, Indiana is located in Town Fair Shopping Center across from a Walmart Supercenter on a busy signalized corner intersection with ample parking, and one block from the US 41 interchange. The property offers a promising development opportunity due to its prime location and features. Situated in a vibrant and growing community, the site is approximately 1 acre and includes a well-maintained building currently operating as a Bob Evans restaurant until 04/26. This site has excellent visibility with cross easement access and an average annual daily traffic of 18,600 on West Broadway Street and 16,533 on US-41. It is surrounded by national retailers like Walmart, GMC, Maurices, and Dollar Tree, and is ideally positioned for continued future success. This Property is available for Sale, Lease or Ground Lease, offering flexible development options to potential investors and tenants. The sale price for the entire property as-is is $1,800,000, Ground lease asking rate of $10k/month NNN and lease of the existing building is being offered at $30/SF NNN, with a desired lease term of 120 months.
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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2825 W Broadway St
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