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Freestanding Drive-Thru Restaurant
For Sale
Contact for pricing
Pending

1515 E National Hwy, Washington, IN 47501

Freestanding drive-thru restaurant offered with a long-term NNN lease and annual rental increases.

Property SizeContact for details
Days on Market121

Property Features for 1515 E National Hwy

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 10:52AM

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 Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

This freestanding drive-thru restaurant property is offered for sale with a long-term NNN lease in place. The lease includes annual rental increases, providing for scheduled growth in base rent over time.

The property is identified in listing remarks as being in a location that supports a drive-thru operating model.

As presented, the asset is a single-property investment with NNN structure and a drive-thru configuration designed for restaurant service through vehicle access.

Key Highlights

  • Freestanding drive‑thru restaurant property
  • Long‑term NNN lease in place
  • Annual rental increases included

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Real Estate Agency Building Supply Skin Care Clinic

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

381
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 25% Groceries 17% Apparel 7%
McDonald's Dining
24,607 visits/mo 0.2 miles
Jay C Food Groceries
16,627 visits/mo 0.1 miles
Washington #1 Shops & Services
13,973 visits/mo 0.3 miles
Taco Bell Dining
12,039 visits/mo 0.1 miles
Arby's Dining
8,121 visits/mo 0.2 miles

Demographics for 47501, IN

18,003
Population
7,696
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
139.4 sq mi
ZIP Area
129
Density / Sq Mi
$60,476
Median Household Income
$36,750
Median Earnings
$857
Median Rent
$155,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding drive-thru restaurant offered with a long-term NNN lease and annual rental increases.
Where is this drive through restaurant located?
The property is located at 1515 E National Hwy Washington, IN.
What are key features of this property?
This property features: Freestanding drive‑thru restaurant property; Long‑term NNN lease in place; Annual rental increases included
(949) 608-2175 Call to check price and availability
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