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 re-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.