Arby's Restaurant in Hobart,
For Sale
$2,373,000
4651 W 61st Ave, Hobart, IN 46342
Absolute net Arby's restaurant for sale near Chicago.
Property Size2,440 SF
Price / SF$972.54
Days on Market150
Property Features for 4651 W 61st Ave
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Amenities
2024 Full Remodel | Tenant paid for Remodel | Drive-Thru Location with Ample Parking
New 15-Year Extension Commenced June 2024 | 13+ Years Remaining
2nd Largest Arby's Franchisee | AES Restaurant Group has 344 Units across 20 States
AES Restaurant Group Announced an Acquisition of 115 New Locations from Inspire Brands in December 2025
1.00% Annual Bumps
110k+ Residents within 5 Miles | 1-Mile AHI: $94,553
39 Miles outside Chicago
Interstate 65 Exit Location (110k+ Cars per Day) | Adjacent to Newly Built Dunkin, McDaonald's, Wendy's, and Taco Bell | Dense Industrial & Hospitality Corridor
Building Details
Building Size
2,440 SF
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #License(s): IN: RB14044775
(317) 218-5329
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Aug 30 at 1:05PM
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.
This property is a 2440-square-foot Arby's restaurant located in Hobart, Indiana, just outside of Chicago. It is an absolute net leased property.
Key Highlights
- Absolute net Arby's in Hobart, Indiana
- Located just outside Chicago
- 5.50%
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
191k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Home Improvements & Furnishings 27%
Shops & Services 24%
Hotels & Casinos 1%
Menards
Home Improvements & Furnishings
51,654 visits/mo
0.5 miles
McDonald's
Dining
35,373 visits/mo
0.2 miles
Speedway
Shops & Services
27,150 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
24,011 visits/mo
0.3 miles
Family Express
Shops & Services
17,762 visits/mo
0.1 miles
Demographics for 46342, IN
32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute net Arby's restaurant for sale near Chicago.
Where is this drive through restaurant located?
The property is located at 4651 W 61st Ave Hobart, IN.
What is the asking price?
The asking price for this property is $2,373,000.
What are key features of this property?
This property features: Absolute net Arby's in Hobart, Indiana; Located just outside Chicago; 5.50%
