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4432 S US Highway 41
Terre Haute, IN 47802
Retail Property For Sale
PROPERTY FACTS
ABOUT 4432 S US HIGHWAY 41 , TERRE HAUTE, IN 47802
Cheddar's Scratch Kitchen, a fast casual restaurant with 165 locations across 28 states, was recently purchased by Darden Restaurants (NYSE:DRI) for $780 Million. Darden is an American multi-brand operator that owns popular brands such as Olive Garden, LongHorn Steak House, Eddie V's Prime Seafood, The Capital Grill and Yard House. Following the news of the acquisition, Darden shares increased by 7.8% in after-hours trading and the stock price has steadily been progressing from $81.50 per share towards $84.00 per share (as of 3/31/17). Darden's CEO, Gene Lee, explained during a conference call with multiple media outlets that "Cheddar's is an undisputed casual dining value leader with broad appeal and strong average restaurant volumes." Cheddar's Scratch Kitchen was founded in 1979 by Aubrey & Doug Rogers, who believed that fresh cooked meals tasted better and also made their customers feel better. Just off the I-70 at the gateway to Illinois, Terre Haute is a refreshing hub of arts and activity in the midst of the heartland. The historic U.S. Highway 40 forms the National Road, taking travelers on a scenic route past historic bakeries, sculptures and the oldest billboard in the state. It's downtown area is host to museums, galleries and many quaint cafes.
PROPERTY TAXES
| Parcel Number | 84-09-09-252-010.000-004 | Improvements Assessment | $3,198,200 |
| Land Assessment | $1,275,000 | Total Assessment | $4,473,200 |
PROPERTY TAXES
