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Absolute Net Subway Restaurant
For Sale
$739,000

1032 N Main St, Cloverdale, IN 46120

For sale Subway restaurant offered on an absolute net basis in Cloverdale, Indiana.

Property Size1,620 SF
Price / SF$456.17
Days on Market115

Property Features for 1032 N Main St

General Information

Standard status Active
Size 1,620 SF
Property subtype Restaurant
Lease Type Absolute Net

Amenities

Absolute Net Lease
New Lease Extension
Drive Thru Location
Bite-Sized Price Point
Direct and Immediate Access to Interstate 70 (Feeds Directly to the Indianapolis International Airport and Downtown Indianapolis)
Subway is the World's Largest Single-Brand Restaurant Chain

Building Details

Building Size 1,620 SF
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Nathan Whalen · License #License(s): IN: RB14044775
Source: Marcusmillichap
Added: May 14 Changed: Aug 8 Last Checked: Sep 5 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present for sale an absolute net Subway restaurant located at 1032 N Main St in Cloverdale, Indiana.

The property is offered with a listed price of $739,000 and a property size of 1,620. The transaction is structured as an absolute net Subway location, providing a straightforward, single-operator restaurant asset for qualified buyers.

Additional offering details include an indicated 6.25% figure in the public remarks. For more information on terms and underwriting materials, contact Marcus & Millichap.

Key Highlights

  • Subway restaurant offered on an absolute net basis
  • Located in Cloverdale, Indiana
  • 6.25% stated in the listing remarks

Property Analytics

Current Use

Subway Take-out & Catering Cloverdale Marathon Truck ... Gas Station Hunt Brothers Pizza Restaurant CAT Scale Parking Lot & Garage Cloverdale Kitchen Travel ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Plumbing Service Grocery & Convenience Store Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46120, IN

5,891
Population
3,045
Households
1.9
Avg Household Size
45
Median Age
15%
College-Educated
90%
High-School Grad
91.7 sq mi
ZIP Area
64
Density / Sq Mi
$55,192
Median Household Income
$37,409
Median Earnings
$841
Median Rent
$166,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale Subway restaurant offered on an absolute net basis in Cloverdale, Indiana.
Where is this conventional restaurant located?
The property is located at 1032 N Main St Cloverdale, IN.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Subway restaurant offered on an absolute net basis; Located in Cloverdale, Indiana; 6.25% stated in the listing remarks
More about this property
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