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Investment Highlights

  • Nearby Walmart Supercenter has 2.6 Million Visitors per Year.
  • Newburgh is Evansville’s Most Affluent Suburb
  • Surrounded by National Retailers

Executive Summary

7.2 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | 8% Rental Increases Every 5 Years and in Options. Strategically Located on Evansville’s East Side Along SR 66/Lloyd Expressway, the
Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day.
Newburgh is Evansville’s Most Affluent Suburb with Average Household Incomes Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area (30 Counties in IN, IL & KY with 900K+ Residents)
Nearby Walmart Supercenter has 2.6 Million Visitors per Year | Ranks in the Top 22% in State and Top 27% Nationall

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,762 SF
Building Class
C
Year Built
1990
Price
$2,569,290 CAD
Price Per SF
$682.96 CAD
Cap Rate
6.30%
NOI
$161,865 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.77 AC
Parking
35 Spaces (9.3 Spaces per 1,000 SF Leased)
Frontage
184’ on Wyntree Dr

Amenities

  • Freeway Visibility
  • Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Schnucks
German American Bank
Jazzercise
Zaxby's
Starbucks
Buffalo Wild Wings
Salsarita's Fresh Mexican Grill
Old National Bank
Fifth Third Bank
Woodforest National Bank

Property Taxes

Property Taxes

Parcel Number
87-12-27-201-002.000-019
Land Assessment
$850,450 CAD
Improvements Assessment
$277,717 CAD
Total Assessment
$1,128,167 CAD
  • Listing ID: 38672379

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 8055 W In-66, Newburgh, IN 47630

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