Freestanding Burger King
For Sale
$2,659,573
1911 Lincolnway E, Goshen, IN 46526
Remodeled in 2022 and backed by a long-term NNN lease.
Property Size3,910 SF
Lot Size1.28 Acres
Price / SF$680.20
Days on Market13
Property Features for 1911 Lincolnway E
General Information
Standard status
Active
Size
3,910 SF
Lot size
1.28 Acres
Property subtype
Restaurant
Occupancy
100%
Lease Type
NNN
Net Operating Income
$156,915
Site & Location
Drive-Thru
Yes
Traffic Count
17,720 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.9%
Amenities
New 16-Year NNN Lease with Zero Landlord Responsibilities
Four (4) Five-Year Renewal Options, Up to 36 Years of Total Occupancy
Scheduled 10% Rent Increases Every Five Years
Guaranteed by Crown Hospitality Partners, Inc. (36-Unit Burger King Franchisee)
Recently Remodeled in 2022 on ±1.28 Acres w/ Drive-Thru
Lincolnway East/U.S. 33 (±17,720 VPD) Commercial Corridor
5-Mile Population of 44,074 w/ $94,866 Average Household Income
Elkhart-Goshen MSA (208,702 Residents) Anchored by THOR Industries, Forest River, and Lippert
Building Details
Building Size
3,910 SF
Year Renovated
2022
Buildings
1
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-2394
Listed By:
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source:
Marcusmillichap
Added: Aug 12
Changed: Aug 24
Last Checked: Aug 24 at 3:24AM
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 - Los Angeles
Investment Insights
Based on property information with market context.
The freestanding Burger King restaurant includes drive-through service and approximately 3,910 square feet of building area. The property occupies approximately 1.28 acres and underwent remodeling in 2022, providing an established restaurant format for the current operation.
Located at 1911 Lincolnway East along Lincolnway East/U.S. 33, the site benefits from exposure to approximately 17,720 VPD. Nearby commercial operators include Menards, Walmart, ALDI, Walgreens, and Dunkin', placing the restaurant within a concentrated retail corridor serving Goshen.
The property is subject to a new 16-year NNN lease with zero landlord responsibilities and four five-year renewal options. The agreement provides scheduled 10% rent increases every five years and carries a guarantee from Crown Hospitality Partners, Inc., a 36-unit Burger King franchisee.
Located at 1911 Lincolnway East along Lincolnway East/U.S. 33, the site benefits from exposure to approximately 17,720 VPD. Nearby commercial operators include Menards, Walmart, ALDI, Walgreens, and Dunkin', placing the restaurant within a concentrated retail corridor serving Goshen.
The property is subject to a new 16-year NNN lease with zero landlord responsibilities and four five-year renewal options. The agreement provides scheduled 10% rent increases every five years and carries a guarantee from Crown Hospitality Partners, Inc., a 36-unit Burger King franchisee.
Key Highlights
- Freestanding Burger King with drive‑through service on ±1.28 acres
- ±3,910‑square‑foot restaurant remodeled in 2022
- New 16‑year NNN lease with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
17,720 VPD
Traffic count
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
246k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Home Improvements & Furnishings 18%
Shops & Services 15%
Groceries 9%
Menards
Home Improvements & Furnishings
44,510 visits/mo
0.2 miles
Culver's
Dining
30,563 visits/mo
0.2 miles
McDonald's
Dining
21,864 visits/mo
0.2 miles
Aldi
Groceries
20,996 visits/mo
0.3 miles
Speedway
Shops & Services
14,149 visits/mo
0.1 miles
Demographics for 46526, IN
33,170
Population
12,570
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
67.1 sq mi
ZIP Area
494
Density / Sq Mi
$65,864
Median Household Income
$36,446
Median Earnings
$1,061
Median Rent
$192,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Remodeled in 2022 and backed by a long-term NNN lease.
Where is this drive through restaurant located?
The property is located at 1911 Lincolnway E Goshen, IN.
What is the asking price?
The asking price for this property is $2,659,573.
What are key features of this property?
This property features: Freestanding Burger King with drive‑through service on ±1.28 acres; ±3,910‑square‑foot restaurant remodeled in 2022; New 16‑year NNN lease with zero landlord responsibilities
