Grocery & Convenience Stores /IN /Gibson County /Princeton /301 S 5th Ave
Grocery & Convenience Stores /IN /Gibson County /Princeton /301 S 5th Ave

301 S 5th Ave - Supermarket FOR SALE


Princeton, IN 47670 | 
$1,200,000 USD
812-205-5580
301 S 5th Ave, Princeton, IN for Sale
$1,200,000 USD
Supermarket - FOR SALE
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301 S 5th Ave
Princeton, IN 47670

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HIGHLIGHTS

  • Leased to IGA until 8/31/2025
  • Includes Fueling Station
  • Value-Add acquisition due to below-market rent
  • Considerable below assessed value and replacement value
  • Signalized, high traffic intersection

OVERVIEW

- Leased to IGA (Houchens Industries) until 08/31/2025 - Includes fueling station - Value-Add acquisition due to considerable below-market rent - Considerably below assessed value and replacement value - Signalized, high-traffic intersection strategically located just off of US 41

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Big Box Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

134

LAND DETAILS

LAND ACRES

4.07 AC

LAND SF

177,429 SF

ZONING

GB

APN/PARCEL ID

26-11-12-301-000.524-028

ASK ABOUT THIS PROPERTY

Chris Jackson, CCIM, SIORWoodward Commercial RealtyMore Info
812-205-5580

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Chris Jackson, CCIM, SIORWoodward Commercial RealtyMore Info
812-205-5580

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

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