State Street Site- 0.99ac Ground Lease

Looking to land on one of Southern Indiana's most desirable retail corridors? Well here's your chance, because as you may know, State Street sites have been very limited and when they become available that do not last long. This site is available as a annual GROUND LEASE plus Property Taxes. Land is approximately 0.99ac. The Owners also own an adjoining property and will require a review of the layout of the site development plan. This property is in the TIF District for the City of New Albany and depending on your project may have additional incentives available with approved site and development plan. This site is surrounded by several major retailers such as Target, Home Depot and several QSR's such as Chick Fil A, Burger King, Panera Bread, Chipotle, Popeyes, El Nopal Mexican Kitchen, Arbys, McDonalds, KFC, Jack in the Box (Fall 2025) and others. Service Businesses such as Big O Tires, Tire Discounters. Financial Services PNC Bank, Bank of America and First Savings Bank. The Floyd Memorial Hospital or Baptist Health has a major presence on State Street. Utilities are available at the site. Coordination with the City and Service Providers will be required to locate.