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Restaurant-Ready Retail/Office Building
For Lease
$11 SF/Yr

4321 N Hwy 41, Evansville, IN 47711

Restaurant-ready building on a high-traffic corridor, with flexibility to convert to retail or office use.

Space Size3,638 SF
Days on Market60

Property Features for 4321 N Hwy 41

General Information

Standard status Active
Size 3,638 SF
Property subtype Retail
Lease Term NNN

Additional Details

Traffic Count 33,000 vehicles/day

Building Details

Building Size 3,638 SF

Spaces For Lease

at 4321 N Hwy 41 Contact us

Restaurant $11/SF/Yr

Size
3,638 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Scott Edmond · License #IN #RB15000270
Source: Naiprime
Added: Jun 25 Changed: Aug 14 Last Checked: Aug 22 at 4:01AM

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 Scott Edmond

Investment Insights

Based on property information with market context.

This building was formerly operated as a Denny’s restaurant and is set up for restaurant operations. The space can also be converted to other retail or office uses, depending on tenant needs. The landlord is open to offering incentives and tenant improvement allowance for the right tenant.

The site is located on a high-traffic route with a daily count of 33,000 vehicles, providing consistent exposure. It is also close to the Evansville Regional Airport, which can support a variety of customer-facing and service uses.

For operators, this property offers a practical path for an established restaurant concept that wants a space already configured for foodservice, as well as an alternative for businesses seeking a flexible layout that could translate to retail or office. Prospective tenants should coordinate with the landlord regarding specific conversion requirements and the scope of available incentives to align the building with their intended use.

Key Highlights

  • Former Denny's restaurant building set up for restaurant use.
  • Could be converted to retail or office use.
  • Landlord offers incentives/TI allowance to the right tenant.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Auto Parts Store Storage Facility Kitchen & Bath Showroom Plumbing Service Big Box & Wholesale 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.

Lease Details

33,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready building on a high-traffic corridor, with flexibility to convert to retail or office use.
Where is this conventional restaurant located?
The property is located at 4321 N Hwy 41 Evansville, IN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Former Denny's restaurant building set up for restaurant use.; Could be converted to retail or office use.; Landlord offers incentives/TI allowance to the right tenant.
More about this property
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