Bob Evans

Strong Corporate Tenant – Bob Evans Restaurants, LLC serves as the tenant, offering investors the security of a well-established corporate operator. Bob Evans operates approximately 500 locations nationwide, primarily throughout the Midwest and Eastern United States, and is a recognized leader in the national casual dining sector.
Built-In Rental Growth – The lease features 2% annual rent escalations, delivering predictable income growth throughout the lease term. These scheduled increases enhance long-term value and provide a built-in hedge against inflation.
Affluent Trade Area – The property benefits from strong surrounding demographics, with an average household income exceeding $131,401 within a three-mile radius—an attractive profile for a casual dining concept.
High Traffic Exposure – Strategically positioned along U.S. Highway 27, the site enjoys excellent visibility and accessibility with traffic counts exceeding ±20,000 vehicles per day.
Proven Operating History – This Bob Evans location has successfully operated at the site for over 17 years, reflecting consistent sales performance and long-term market viability.
Absolute NNN Lease Structure – The absolute triple-net lease provides a truly passive investment, with zero landlord responsibilities and stable, predictable cash flow.

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