This Retail Property is Off-Market.

1617 Bartlett Avenue
Evansville, IN 47711 ·

3,900 SF · Retail For Sale



McDonald's Ground Lease

Price N/A Commission Split 2%
Building Size 3,900 SF Cap Rate 4.60%
Property Type Retail Occupancy 100%
Property Sub-type Restaurant Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 1.15 AC
Construction Status Under Construction/Proposed
Listing ID: 17887828 Date Created: 10/24/2012 Last Updated: 01/21/2013


Newmark Grubb Knight Frank is pleased to present a rare McDonald's ground leased asset. The site is a relocation of an existing McDonald's to a site with better visibility. McDonald's has signed a 20 year ground lease which contains 10% rental escalations every five years, and the tenant has eight 5-year options. There are no landlord responsibilities associated with the asset.

Evansville is the third largest city in Indiana, and the largest city in Southern Indiana. Evansville serves as a regional hub for a large trade area that encompasses parts of Indiana, Illinois and Kentucky. Within five miles of the site the population is over 139,000, with a household income of $48,000. Approximately 35,000 vehicles pass the site everyday.

Broker of Record Indiana - Todd Maurer - Newmark Grubb Knight Frank Halakar


1617 Bartlett Avenue, Evansville, IN 47711 (Vanderburgh County)

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