NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 3233 Whitehall Pike in Bloomington, Indiana. The site consists of roughly 4,983 rentable square feet of building space on estimated 0.98-acre parcel of land. This Bob Evans is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 24th, 2023. The current annual rent is $159,181 and is scheduled to increase 2% annually starting on May 1st 2027 and throughout the base term as well as in each of the 4, 5-year renewal options.
Long-Term, 20-Year Absolute Triple Net (NNN) Lease
Two Percent (2%) Annual Rental Increases Starting May 1st 2027
Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
Corporate Guarantee From Bob Evans Restaurants, LLC (440+ Corporate Locations)
Tenant Recently Extended the Base Term to 20 Years Proving Their Commitment to the Location
