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3901 Highway 41 N
Evansville, IN 47711

$1,350,000 USD

Restaurant For Sale  •  5,450 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,450 SF
  • Lot Size 1.01 AC
  • Building Class C
  • Year Built 1979
  • Tenancy Single
0 Transit Score
18 Walk Score

Highlights

Absolute Net Lease | Zero Landlord Responsibilities
Strong Store Sales Location with an Extremely Healthy Rent-to-Sales Ratio Providing a High Likelihood of Tenant Exercising Lease Renewals
Below-Market Rent at $13.76 Rent Per SF and 5,450 SF Building Below Replacement Cost at $247 Per SF
10% Rent Increases Every 5 Years with Next Increase in March of 2028
Five-Mile Population of 134,000 with an Average Household Income of $61,860
Excellent Access and Visibility from Hwy 41 with 35,000 VPD

Public Transportation

AirportDriveWalkDistance
Evansville Regional 5 min - 2.1 mi
John Paine 972-755-5279 Marcus & Millichap
John Paine 972-755-5279 Marcus & Millichap