Building Details

Year Built 1998

Listing Agency: Tarter Realty Auction and Appraisal Company

Listed By: Paul Faddis · License #RB15000347 Show Phone

Source: Kmsrealestategroup

Added: Sep 11 Changed: Sep 13 Last Checked: Sep 14 at 12:59PM

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Investment Insights

Based on property information with market context.

The 1,800-square-foot conventional restaurant building, constructed in 1998, includes a dine-in area, service bar, and commercial kitchen. Existing equipment includes prep and cold-prep tables, a proofer, grill and fryer station, refrigerators, freezers, three-basin and two-basin sinks, and a dedicated employee handwashing station. Restrooms and multiple storage areas are also provided.

The property is positioned along US-35, minutes from the US-35 and US-36 intersection. The corridor serves semi-truck traffic and commuters traveling between Richmond, Muncie, and the New Castle area, providing access to both local and pass-through customers.

Key Highlights

• 1,800‑square‑foot restaurant building constructed in 1998
• Dine‑in area with service bar
• Commercial kitchen includes proofer, grill and fryer station, refrigerators, and freezers

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Restaurant Arcade & Gaming Center

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

$3.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47354, IN

1,072

Population

521

Households

2.1

Avg Household Size

44

Median Age

10%

College-Educated

91%

High-School Grad

29.0 sq mi

ZIP Area

37

Density / Sq Mi

$63,204

Median Household Income

$40,975

Median Earnings

$872

Median Rent

$115,600

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant building with dine-in seating, service bar, and a commercial kitchen equipped for food-service operations.

Where is this conventional restaurant located?

The property is located at 9757 S Us Hwy 35 Losantville, IN.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: 1,800‑square‑foot restaurant building constructed in 1998; Dine‑in area with service bar; Commercial kitchen includes proofer, grill and fryer station, refrigerators, and freezers