Bob Evans NNN Restaurant
For Sale
Contact for pricing
3023 S 2nd St, Terre Haute, IN 47802
Operating restaurant property backed by a long-term NNN lease with multiple renewal options.
Property Size5,136 SF
Lot Size1.28 Acres
Days on Market143
Property Features for 3023 S 2nd St
General Information
Standard status
Active
Size
5,136 SF
Lot size
1.28 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:38PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Bob Evans restaurant property includes 5,136 square feet of building space on approximately 1.28 acres at 3023 S 2nd St. The asset is structured under a triple-net lease that began on April 28th, 2017, providing a defined contractual framework for ownership and occupancy.
The lease includes 2% annual rental increases and four additional five-year tenant renewal options. More than 19 years remain in the base lease term, giving the property an extended period of contractual lease duration.
The lease includes 2% annual rental increases and four additional five-year tenant renewal options. More than 19 years remain in the base lease term, giving the property an extended period of contractual lease duration.
Key Highlights
- Bob Evans restaurant property at 3023 S 2nd St
- 5,136 square feet of building space
- Approximately 1.28 acres of land
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
463k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 18%
Apparel 13%
Hotels & Casinos 5%
Texas Roadhouse
Dining
49,744 visits/mo
0.4 miles
Speedway
Shops & Services
32,020 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
26,657 visits/mo
0.3 miles
JCPenney
Apparel
23,809 visits/mo
0.5 miles
Starbucks
Dining
21,783 visits/mo
0.1 miles
Demographics for 47802, IN
34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
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 - Operating restaurant property backed by a long-term NNN lease with multiple renewal options.
Where is this nnn property located?
The property is located at 3023 S 2nd St Terre Haute, IN.
What are key features of this property?
This property features: Bob Evans restaurant property at 3023 S 2nd St; 5,136 square feet of building space; Approximately 1.28 acres of land
