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Freestanding Restaurant with Drive-Through
For Lease
$25 SF/Yr NNN

4711 E National Rd, Richmond, IN 47374

Existing commercial kitchen infrastructure and a functional drive-thru lane support restaurant operations.

Space SizeContact for details
Days on Market43

Property Features for 4711 E National Rd

General Information

Standard status Active
Lease Type NNN

Site & Location

Drive-Thru Yes
Highway Access Yes

Additional Details

Available From Immediate
Equipment Included Yes

Building Details

Year Built 1989
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #RB15000347
Source: Spencerchildersgroup
Added: Jul 17 Changed: Aug 28 Last Checked: Aug 25 at 5:30AM

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 Tarter Realty Auction and Appraisal Company

Investment Insights

Based on property information with market context.

This freestanding conventional restaurant at 4711 E National Rd includes 4,056 square feet of existing restaurant space, commercial kitchen infrastructure, and a functional drive-thru lane. Built in 1989, the property was formerly occupied by Fazoli's and is available for lease on an NNN basis.

The property is positioned along the Interstate 70 corridor near Richmond's E. National Road retail concentration. Nearby commercial anchors identified in the property information include Walmart, Lowe's, Kohl's, AMC Theatres, Cracker Barrel, Bob Evans, Taco Bell, and Walgreens. The site also benefits from proximity to the Indiana-Ohio state line, with Reid Health, Indiana University East, Ivy Tech Community College, and Earlham College listed within five miles.

The existing restaurant improvements and drive-thru configuration accommodate continued food-service use without requiring a ground-up build-out.

Key Highlights

  • 4,056‑square‑foot freestanding restaurant building
  • Commercial kitchen infrastructure included
  • Functional drive‑thru lane

Property Analytics

Current Use

Fazoli's Take-out & Catering

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Spa & Massage Center Auto Repair Shop 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
6,629 visits/mo 0.4 miles

Demographics for 47374, IN

45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing commercial kitchen infrastructure and a functional drive-thru lane support restaurant operations.
Where is this conventional restaurant located?
The property is located at 4711 E National Rd Richmond, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 4,056‑square‑foot freestanding restaurant building; Commercial kitchen infrastructure included; Functional drive‑thru lane
More about this property
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