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Evansville, IN NNN Properties for Sale

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Freestanding QSR Drive-Thru
Updated: Apr 3
Freestanding QSR Drive-Thru

4650 University Dr, Evansville, IN 47712

$2,087,723
3,263 sqft
Freestanding QSR with drive‑thru and a corporately guaranteed absolute NNN lease
Arby’s Restaurant Group (Inspire Brands) lease includes 7.5 years remaining plus three, 5‑year renewal options
8% rental increases every five years and in the renewal options
Located on West Evansville’s main retail corridor along Lloyd Expressway with exposure to 28,664 vehicles per day
Nearby draw includes University of Southern Indiana (1,400‑acre campus, 9,286 student enrollment) about 2.5 miles away
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Freestanding Drive-Thru Restaurant
Updated: Jul 9
Freestanding Drive-Thru Restaurant

3910 East Morgan Avenue, Evansville, IN 47715

$1,150,000
Freestanding former Salsarita’s restaurant building available for NNN lease at 3910 E Morgan Ave in Evansville, IN
Drive‑thru lane on‑site for quick‑service operations
Full basement provides additional space for inventory storage and operations away from the main customer floor
Located directly on E Morgan Ave at a prominent signalized stoplight/intersection with high daily vehicular exposure
Estimated real estate taxes: $22,422/yr
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See hot listings in Evansville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Subway Freestanding Restaurant
Subway Freestanding Restaurant

1210 Southtown Blvd, Owensboro, KY 42301

$800,000
2,220 sqft

A new NNN lease provides four renewal options and assigns no landlord responsibilities.

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Freestanding Subway Drive-Thru Restaurant
Freestanding Subway Drive-Thru Restaurant

3119 Frederica St, Owensboro, KY 42301

$800,000
1,200 sqft 0.30 AC lot

Freestanding Subway restaurant with absolute NNN lease, 15-year term and four five-year renewal options.

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NNN Retail Property with New Construction
NNN Retail Property with New Construction

402 N Commercial St, Harrisburg, IL 62946

Contact for pricing
2,000 sqft

Brand-new retail construction offers a long primary lease term with multiple renewal options.

View details
Bank Branch with Drive-Thru
Bank Branch with Drive-Thru

511 S Main St, Harrisburg, IL 62946

Contact for pricing
0.52 AC lot

Lease-backed bank branch offering drive-thru service and on-site ATM access.

View details

Evansville, IN Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Evansville, IN on our real estate platform. These investment opportunities span a total of 3,263 square feet of properties for sale, with an estimated market value of $3,237,723.

Sale prices for triple net lease properties in Evansville, IN start at $1,150,000, averaging $1,618,861, and reaching up to $2,087,723 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 183K
Population Growth (5Y) +10.0%
Median Household Income $64,157
College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47715 $1.2M
47712 $2.1M

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $43.26 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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