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Evansville, IN Drive Through Restaurants for Sale

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Freestanding QSR Drive-Thru
Updated: Apr 3
Freestanding QSR Drive-Thru

4650 University Dr, Evansville, IN 47712

$2,087,723
3,263 sqft
Freestanding QSR with drive‑thru and a corporately guaranteed absolute NNN lease
Arby’s Restaurant Group (Inspire Brands) lease includes 7.5 years remaining plus three, 5‑year renewal options
8% rental increases every five years and in the renewal options
Located on West Evansville’s main retail corridor along Lloyd Expressway with exposure to 28,664 vehicles per day
Nearby draw includes University of Southern Indiana (1,400‑acre campus, 9,286 student enrollment) about 2.5 miles away
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Conventional Restaurant with Drive-Through
Updated: Aug 13
Conventional Restaurant with Drive-Through

2311 West Virginia Street, Evansville, IN 47712

Contact for pricing
1,656 sqft
Existing furnishings and restaurant equipment remain with the property
Under‑counter grease trap and small hood already installed
On‑site parking included
Dedicated drive‑through lane with existing signage
Located just north of W Franklin St on Evansville’s westside
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Freestanding Drive-Thru Restaurant
Freestanding Drive-Thru Restaurant

3910 E Morgan Ave, Evansville, IN 47715

Contact for pricing
3,371 sqft

Freestanding restaurant building with a drive-thru lane and full basement, available for NNN lease in Evansville.

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See what stands out in Vanderburgh County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Taco Bell NNN Property
Taco Bell NNN Property

1001 N. Green River Rd, Evansville, IN 47715

Contact for pricing
2,349 sqft

Absolute NNN structure with 1.50% annual rent increases and an established operating history.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Subway Drive-Thru Restaurant
Freestanding Subway Drive-Thru Restaurant

3119 Frederica St, Owensboro, KY 42301

$800,000
1,200 sqft 0.30 AC lot

Freestanding Subway restaurant with absolute NNN lease, 15-year term and four five-year renewal options.

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Freestanding Drive-Thru Restaurant
Freestanding Drive-Thru Restaurant

1725 S Green St, Henderson, KY 42420

$900,000
2,835 sqft 2.03 AC lot

Freestanding Subway with drive-thru and absolute NNN lease on a primary commercial corridor.

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Freestanding Arby’s Drive-Through Restaurant
Freestanding Arby’s Drive-Through Restaurant

2960 W Parrish Ave, Owensboro, KY 42301

$1,818,968
3,422 sqft

Corporate guarantee supports an absolute NNN lease with renewal options.

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Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

1917 US Hwy 41, Henderson, KY 42420

Contact for pricing

Taco Bell occupies the property under a net lease.

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Evansville, IN Drive Through Restaurants Market Trends and Statistics

Explore 4 drive through restaurants for sale in Evansville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,639 square feet of properties for sale, with an estimated market value of $2,087,723.

Sale prices for drive-thru businesses in Evansville, IN average $2,087,723 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 12
Drive through restaurants 10
Bars & Pubs 7
Commercial kitchens 1

Demographics Overview

Population 183K
Population Growth (5Y) +10.0%
Median Household Income $64,157
College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47712 $2.1M

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $43.26 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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