Search
Drive-Through Restaurant NNN Leasehold
For Sale
Contact for pricing

2411 Stringtown Rd, Evansville, IN 47711

Little Caesars drive-through restaurant on a corner lot with an existing NNN lease structure and renewal options.

Property Size2,400 SF
Lot Size0.68 Acres
Days on Market122

Property Features for 2411 Stringtown Rd

General Information

Standard status Active
Size 2,400 SF
Lot size 0.68 Acres
Property subtype Retail

Additional Details

Traffic Count 33,000 vehicles/day
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Nathan Whalen · License #IN AB21402364
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 1:30PM

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 - Indianapolis

Investment Insights

Based on property information with market context.

A Little Caesars restaurant opportunity with drive-through service, located on a corner parcel at Stringtown Road and Diamond Avenue. The property is described as a 2,400-square-foot restaurant under a NNN lease framework.

The lease was originally executed in 2013 for an initial 5-year term, including two additional 5-year options. Rent increases of seven percent are noted in connection with the lease extensions.

The offering also highlights operating presence at the location and traffic counts of nearly 33,000 vehicles passing in front of the 0.68-acre parcel every day. Nearby retail activity is described to include Dollar General, Big Lots, Walmart, and Dollar Tree.

Key Highlights

  • 2,400 SF Little Caesars restaurant with drive‑thru on a 0.68‑acre corner parcel in Evansville, IN.
  • NNN lease signed in 2013 for 5 years with two additional 5‑year options and 7% rent increases.
  • Daily traffic estimated at almost 33,000 vehicles passing in front of the 0.68‑acre parcel.

Property Analytics

Current Use

Little Caesars Pizza Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Catering Service

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

33,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
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
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 - Little Caesars drive-through restaurant on a corner lot with an existing NNN lease structure and renewal options.
Where is this drive through restaurant located?
The property is located at 2411 Stringtown Rd Evansville, IN.
What are key features of this property?
This property features: 2,400 SF Little Caesars restaurant with drive‑thru on a 0.68‑acre corner parcel in Evansville, IN.; NNN lease signed in 2013 for 5 years with two additional 5‑year options and 7% rent increases.; Daily traffic estimated at almost 33,000 vehicles passing in front of the 0.68‑acre parcel.
(317) 218-5329 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message