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1001 N Green River Rd
Evansville, IN 47715
Retail Property For Sale
Executive Summary
- No Landlord Responsibilities: Absolute NNN lease structure
- Rental Increases: 1.50% annual increases
- Great Location: Access off N Green River Rd (ADT: 28,885)
- Retail Corridor: Eastland Mall (Macy’s & Dillard’s), Hobby Lobby, Olive Garden, BJ’s Brewhouse, LongHorn Steakhouse, Starbuck’s, McDonald’s, Fazoli’s, Boot Barn, and many more
- Operating History: 20+ years of success at this location
- Parcel Size: 1.03 acres allows for future redevelopment opportunities
- Rental Increases: 1.50% annual increases
- Great Location: Access off N Green River Rd (ADT: 28,885)
- Retail Corridor: Eastland Mall (Macy’s & Dillard’s), Hobby Lobby, Olive Garden, BJ’s Brewhouse, LongHorn Steakhouse, Starbuck’s, McDonald’s, Fazoli’s, Boot Barn, and many more
- Operating History: 20+ years of success at this location
- Parcel Size: 1.03 acres allows for future redevelopment opportunities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,520 SF
Building Class
B
Year Built
2006
Price
$2,399,009
Price Per SF
$681.54
Cap Rate
5.75%
NOI
$137,943
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.03 AC
Parking
35 Spaces (9.94 Spaces per 1,000 SF Leased)
Frontage
127’ on N Green River Rd
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 82-06-24-012-174.002-027 | Improvements Assessment | $345,600 |
| Land Assessment | $448,700 | Total Assessment | $794,300 |
Property Taxes
Parcel Number
82-06-24-012-174.002-027
Land Assessment
$448,700
Improvements Assessment
$345,600
Total Assessment
$794,300
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