Single-Tenant Absolute NNN
For Sale
Contact for pricing
Pending
2100 N Green River Rd, Evansville, IN 47715
Freestanding casual dining asset supported by a corporate guaranty and landlord-free lease structure.
Property SizeContact for details
Days on Market143
Property Features for 2100 N Green River Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
21,999 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:36PM
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 - Nashville
Investment Insights
Based on property information with market context.
This freestanding, single-tenant casual dining restaurant operates under an absolute NNN lease with Cheddar’s Scratch Kitchen. Darden Restaurants, Inc. provides the corporate guaranty, and the lease has approximately 11 years remaining from its original 15-year term.
The agreement includes 1.5% annual rent increases throughout the primary term and each of four 5-year extension options. The absolute NNN structure places landlord management and maintenance obligations with the tenant, while the restaurant benefits from its established operating brand and Darden Restaurants’ ownership.
The agreement includes 1.5% annual rent increases throughout the primary term and each of four 5-year extension options. The absolute NNN structure places landlord management and maintenance obligations with the tenant, while the restaurant benefits from its established operating brand and Darden Restaurants’ ownership.
Key Highlights
- Absolute NNN lease with approximately 11 years remaining
- Corporate guaranty from Darden Restaurants, Inc.
- 1.5% annual rent increases during the primary term and option periods
Property Analytics
Property Profile
Current Use
Lease Details
21,999 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 47715, IN
28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
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?
NNN property - Freestanding casual dining asset supported by a corporate guaranty and landlord-free lease structure.
Where is this nnn property located?
The property is located at 2100 N Green River Rd Evansville, IN.
What are key features of this property?
This property features: Absolute NNN lease with approximately 11 years remaining; Corporate guaranty from Darden Restaurants, Inc.; 1.5% annual rent increases during the primary term and option periods
