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Taco Bell NNN Ground-Leased Property

3251 North Green River Road, Evansville, IN 47715

For Sale
Contact for pricing

The NNN ground lease runs for 15 years, with 10% increases every five years.

Property SizeContact for details
Days on Market40

Property Features for 3251 North Green River Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License IN #01474991
Source: Crexi
Added: Oct 1 Changed: Nov 9 Last Checked: Nov 9 at 1:55PM

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 - San Diego

Rey
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Investment Insights

Based on property information with market context.

A Taco Bell property in Evansville, Indiana is subject to a newly signed 15-year NNN ground lease. The lease includes 10% increases at five-year intervals.

The property is located at 3251 North Green River Road, Evansville, IN 47715.

Key Highlights

  • New 15‑year NNN ground lease
  • 10% lease increases every five years
  • Located at 3251 North Green River Road, Evansville, IN 47715

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fifth Third Mortgage ... Loan Service Fifth Third Bank ... Bank Fifth Third Preferred ... Financial Advisor Fifth Third Securities ... Financial Advisor Fifth Third Securities ... Financial Advisor

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The NNN ground lease runs for 15 years, with 10% increases every five years.
Where is this nnn property located?
The property is located at 3251 North Green River Road Evansville, IN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: New 15‑year NNN ground lease; 10% lease increases every five years; Located at 3251 North Green River Road, Evansville, IN 47715
(858) 373-3174 · Office Call to check price and availability
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