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Long John Silver’s Freestanding Restaurant
For Sale
Contact for pricing
Pending

1648 Cassopolis St, Elkhart, IN 46514

The property features an absolute net lease with no landlord responsibilities during the stated lease term.

Property Size1,850 SF
Days on Market142

Property Features for 1648 Cassopolis St

General Information

Standard status Pending
Size 1,850 SF
Property subtype Retail

Building Details

Buildings 1
Listing Agency: Northmarq - Chicago
Listed By: Christian Tremblay · License #475165868
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:09PM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

This offering includes a fee-simple interest in a freestanding restaurant building containing approximately 1,850 square feet. The property is occupied by Long John Silver’s and operates under an absolute net lease structure, with no landlord responsibilities identified in the lease terms.

More than 9 years remain on the current lease term. Contractual rent escalations of 10.00% occur every 5 years throughout the base term, providing defined increases within the existing agreement. The asset is located at 1648 Cassopolis St in Elkhart, Indiana.

Key Highlights

  • Approximately 1,850‑square‑foot freestanding restaurant building
  • Long John Silver’s occupies the property
  • Absolute net lease with no landlord responsibilities

Property Analytics

Current Use

Long John Silver's Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Dental Office Gym & Fitness Center Kitchen & Bath Showroom

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

395
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
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 - The property features an absolute net lease with no landlord responsibilities during the stated lease term.
Where is this conventional restaurant located?
The property is located at 1648 Cassopolis St Elkhart, IN.
What are key features of this property?
This property features: Approximately 1,850‑square‑foot freestanding restaurant building; Long John Silver’s occupies the property; Absolute net lease with no landlord responsibilities
(312) 858-6725 Call to check price and availability
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