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Redevelopment Opp - Retail/Specialty/Flex 602 Friend Way 10,400 SF Retail Building Lebanon, IN 46052 $2,200,000 ($211.54/SF)
Investment Highlights
- Excellent location with interstate frontage
- Bordering LEAP District
- Easy on/off access to interestate
- Various possible uses
Executive Summary
Unlock the potential of this highly visible building situated on a 1.79 acre lot just off I-65 at exit 140
with approximately 210 feet of I-65 frontage bordering the fast-growing LEAP Innovation
District. 3 Wash bays, office, storage/conference rm, equipment rm & break rm. Positioned along a
major interstate corridor, with easy on /off access, this versatile property is ideal for a wide range of uses.
PLEASE DO NOT DISTURB CURRENT BUSINESS. CONTACT BROKER FOR ALL SHOWINGS
with approximately 210 feet of I-65 frontage bordering the fast-growing LEAP Innovation
District. 3 Wash bays, office, storage/conference rm, equipment rm & break rm. Positioned along a
major interstate corridor, with easy on /off access, this versatile property is ideal for a wide range of uses.
PLEASE DO NOT DISTURB CURRENT BUSINESS. CONTACT BROKER FOR ALL SHOWINGS
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
10,400 SF
Building Class
B
Year Built/Renovated
1999/2016
Price
$2,200,000
Price Per SF
$211.54
Building Height
1 Story
Building FAR
0.13
Lot Size
1.79 AC
Zoning
GB - general business - see attached matrix for permitted uses
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-10-35-000-004.001-002 | Total Assessment | $692,100 |
| Land Assessment | $259,000 | Annual Taxes | ($10,400) (($1.00)/SF) |
| Improvements Assessment | $433,100 | Tax Year | 2025 |
Property Taxes
Parcel Number
06-10-35-000-004.001-002
Land Assessment
$259,000
Improvements Assessment
$433,100
Total Assessment
$692,100
Annual Taxes
($10,400) (($1.00)/SF)
Tax Year
2025
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Redevelopment Opp - Retail/Specialty/Flex | 602 Friend Way
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