Established Restaurant on Highway
For Sale
Contact for pricing
3425 S 6th St, Terre Haute, IN 47802
Regional franchise restaurant with high visibility and accessibility.
Property Size2,800 SF
Price / SF$214.29
Days on Market197
Property Features for 3425 S 6th St
General Information
Standard status
Active
Size
2,800 SF
Class
A
Property subtype
Retail, Mixed Use, Special Purpose
Zoning
Commercial 2
Investment Type
Owner/User
Building Details
Year Built
2023
Buildings
1
Stories
1
Units
1
Listing Agency:
Preferred Realty LLC
Listed By:
Becky Klingele · License #IN RB14028499
(812) 249-3920
Source:
Crexi
Added: Mar 24
Changed: Oct 1
Last Checked: Oct 5 at 5:48PM
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 Preferred Realty LLC
Investment Insights
Based on property information with market context.
This established specialty drinks and snacks regional franchise restaurant is positioned along the highly traveled U.S. Hwy Route 41 near the Interstate 70 interchange. It offers exceptional visibility and accessibility in Terre Haute’s most active commercial corridor. The location benefits from a commuter-driven and destination retail market, with consistent demand from both drive-thru and walk-in customers. The site is engineered for efficient ingress and egress, supporting strong throughput and optimal drive-thru performance during peak hours. Nearby traffic counts exceed 25,000–35,000 vehicles per day. The property is in proximity to national retailers and major shopping destinations, as well as strong interstate spillover traffic from I-70. This tertiary market draws from a diverse and reliable customer base including retail employees from surrounding big-box and national retailers, healthcare professionals from nearby medical facilities, logistics and light industrial workforce, interstate and regional highway travelers, and a consistent student population. The property size is 2800 square feet.
Key Highlights
- High‑visibility location on U.S. Hwy Route 41 near Interstate 70 interchange.
- Established specialty drinks and snacks regional franchise restaurant.
- Engineered for efficient ingress/egress and optimal drive‑thru performance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,137
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,740
$722.7K
Cap Rate 7%
$516,243
$516.2K
Cap Rate 9%
$401,522
$401.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$50.4K $18.00/SF
− Vacancy
−$2.2K −$0.79/SF
EGI
$48.2K $17.21/SF
− OpEx
−$12.0K −$4.30/SF
NOI
$36.1K $12.91/SF
Area
Vigo County, IN
Vacancy
4.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,740
Cap Rate 7%
$516,243
Cap Rate 9%
$401,522
Alternative Uses
Best Use
Specialty Retail
$516.2K
$451.7K – $602.3K
NOI $36,137 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,485 @ 7.0% cap · market cap 23.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
499k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 29%
Apparel 22%
Electronics 9%
T.J. Maxx
Apparel
63,243 visits/mo
0.4 miles
PetSmart
Shops & Services
49,247 visits/mo
0.5 miles
Best Buy
Electronics
43,142 visits/mo
0.5 miles
Five Below
Shops & Services
34,099 visits/mo
0.5 miles
Speedway
Shops & Services
32,020 visits/mo
0.3 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
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
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Regional franchise restaurant with high visibility and accessibility.
Where is this drive through restaurant located?
The property is located at 3425 S 6th St Terre Haute, IN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High‑visibility location on U.S. Hwy Route 41 near Interstate 70 interchange.; Established specialty drinks and snacks regional franchise restaurant.; Engineered for efficient ingress/egress and optimal drive‑thru performance.
