Arby's — Sale in Newburgh, IN
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Newburgh, IN 47630
Investment Figures
- Cap rate
- 6.30%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | Eight Percent Rental Increases Every 5 Years and in Options Strategically Located on Evansville’s East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day Newburgh is Evansville’s Most Affluent Suburb with Average Household Incomes Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area (30 Counties in IN, IL & KY with 900K+ Residents) Surrounded by National Retailers: Chick-fil-A, Taco Bell, McDonald’s, Starbucks, Wendy’s, Walmart, Schuck’s Grocery, Zaxby’s, Dunkin’, Buffalo Wild Wings, O’Reilly Auto Parts, Dairy Queen, Verizon, Goodyear, Valvoline, CVS Pharmacy, Walgreens, and Many Others Nearby Walmart Supercenter has 2.6 Million Visitors per Year | Ranks in the Top 22% in State and Top 27% Nationally Located Four Miles to Evansville | Three Miles from Interstate 69 and Deaconess Hospital, the Area’s Main Employer | |One Mile from Castle High School and Castle Middle School with 2,698 Students Newburgh is Home to Victoria National Golf Club, the #1 Golf Course in Indiana for 25 Years and Consistently Ranked as One of America’s Top Golf Courses Since Inception Investment Highlights: • 7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby's Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options • Strategically Located on Evansville's East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day • Newburgh is Evansville's Most Affluent Suburb with AHHI Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area
Market Context
This food service in Newburgh, IN is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 101 days. Compare it against other food service listings for sale in Newburgh, IN — view the full market.
Contact
- Damien Yoder · (317) 218-5314 · damien.yoder@marcusmillichap.com
- Madison K. Harman · (317) 218-5325 · madison.harman@marcusmillichap.com