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255 E Margaret Ave
Terre Haute, IN 47802

$2,416,207 USD

Restaurant For Sale  •  5,136 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,136 SF
  • Lot Size 1.28 AC
  • Year Built 1979
  • Tenancy Single
22 Transit Score
58 Walk Score

Highlights

The site is located in close proximity to Indiana State University which consists of approximately 8,700 students.
15+ years remaining on Bob Evans Corporate lease, providing a stable and secure income stream.
Absolute NNN lease with zero landlord responsibilities whatsoever.
The subject property has 2% annual rental increases in both the primary term and option periods.
Situated in Terre Haute’s main retail corridor with over 2.5 million square feet of retail space within 1 mile.
Adjacent to South Third Street (30,000+ vehicles per day) and less than half a mile from Interstate 70 (45,000+ vehicles per day).
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists