1803-1903 N Lincoln St - Storefront FOR SALE


Greensburg, IN 47240
$3,600,000 USD
513-203-4647
1803-1903 N Lincoln St, Greensburg, IN for Sale
$3,600,000 USD
Storefront - FOR SALE
1/6
null | 7.64% Cap Rate

1803-1903 N Lincoln St
Greensburg, IN 47240


HIGHLIGHTS

  • 100% occupied, 20,955 SF neighborhood shopping center
  • Six national, regional, and local tenants
  • 100% triple-net (NNN) lease structure
  • Lease expirations staggered from 2027–2035
  • Investment-grade healthcare tenant (Moody's Aa2)
  • Diversified tenant mix including healthcare, banking, fitness, food service, staffing, and personal services

OVERVIEW

Greensburg Plaza is a fully leased, 20,955-square-foot neighborhood shopping center strategically positioned along Greensburg's dominant retail corridor. The property is occupied by six complementary national, regional, and local tenants—including Children's Healthcare of Greater Cincinnati, Anytime Fitness, Centra Credit Union, Papa John's, Modern Nails, and Surge Staffing—providing a diversified, necessity-based tenant mix with long-term stability. All tenants operate under triple-net (NNN) leases, creating a passive ownership structure while minimizing landlord responsibilities. Lease expirations are staggered through 2035, reducing rollover risk and providing future opportunities to capture market rent growth. The tenant roster is further strengthened by Children's Healthcare of Greater Cincinnati, an Aa2 Moody's-rated healthcare provider with contractual annual rent escalations. Located less than one mile from Interstate 74 between Indianapolis and Cincinnati, Greensburg Plaza serves as a destination retail center within Decatur County's primary commercial corridor. Surrounded by Walmart, ALDI, Rural King, Marshalls, and other national retailers, the property benefits from consistent consumer traffic, a stable employment base anchored by Honda Manufacturing and Decatur County Memorial Hospital, and continued residential and industrial growth throughout the market.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Greensburg Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

CROSS STREETS

NWC N Lincoln & E Tenth St

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

B-2

APN/PARCEL ID

16-06-35-440-001.020-016,16-06-35-440-010.100-016

ASK ABOUT THIS PROPERTY

Brian JohnstonCURO BRKGMore Info
513-203-4647

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Brian JohnstonCURO BRKGMore Info
513-203-4647

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.