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Evansville, IN 47715

Range USA

Property Address

1011 Cross Pointe Place, Evansville, IN, USA

Offering Summary

  • Price: $5,482,700
  • Lot Size: 2.0 Acres
  • Cap Rate: 7.25%
  • Year Built: 2023
  • Building SF: 14,933
  • Status: In Escrow
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  • 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
  • Strong Corporate Guaranty, 45+ Locations in 12 States and Expanding
  • World’s Largest Indoor Gun Range Operator and Industry Leader in Firearm Sales, Training, and Education
  • 2022 Gun Sales Were 3rd Highest Since Records Began, 20% Higher than 2019
  • Firearm Retailers Classified Nationally as an Essential Business
  • Serving Over 241,000 Residents in Rapidly Growing Trade Area
  • Surrounded by Several Major Residential, Office, and Retail Developments
  • Average Household Income Exceeds $85,000 Within a 1-Mile Radius
  • Adjacent to High-Volume Costco, Situated in Southwest Indiana’s Strongest Retail Corridor
  • Strategic Location, Competition Void in the Immediate Trade Area

Broker Information

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