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Freestanding Burger King Drive-Through
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1911 Lincolnway East, 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 Market14

Property Features for 1911 Lincolnway East

General Information

Standard status Active
Size 3,910 SF
Lot size 1.28 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
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%

Building Details

Year Renovated 2022
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Robert Narchi · License #01324570
Source: Crexi
Added: Aug 4 Changed: Aug 13 Last Checked: Aug 14 at 8:50AM

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.

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

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Nail Salon

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

Lease Details

17,720 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
246k
Monthly Visits Nearby

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

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?
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 East 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
(310) 909-5500 Call to check price and availability
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