Marcus & Millichap is pleased to present the fee simple interest in the Freddy’s and Moe’s anchored shopping center located in Evansville, Indiana. The 6,122 square foot building was originally built-to-suit for Show-Me’s in 2001, however it is now being completely remodeled as a two-tenant center. The center will be anchored by Freddy’s Custards & Steakburgers and Moe’s Southwest Grill. Both tenant signed brand new long-term leases with Freddy’s signing a 15-year lease expiring June 30, 2034 and Moe’s signing a 10-year lease expiring December 31, 2029. The leases are triple net, with both tenants fully reimbursing for their pro-rata share of all expenses associated with the building including taxes, common area maintenance, and insurance. Freddy’s Custards & Steakburgers was founded in 2002 and has grown to over 200 locations in just 17 years. The chain is headquartered in Wichita, Kansas and is a fast-casual restaurant that is known for their steak burgers, Vienna beef hot dogs, chicken sandwiches and their frozen custard with a variety of sundaes and concretes. Freddy’s has locations in 30 states. Moe’s Southwest Grill was founded in December 2000 by Raving Brands and is now co-owned with Focus Brands as well who is an affiliate of the private equity firm Roark Capital Group which operates more than 5,000 stores across different brands. Moe’s was voted the “Fast Casual Mexican Restaurant of the Year” in 2016 by HarrisPoll Equitrend surpassing former top restaurant Chipotle. Moe’s has grown to more than 700 locations in less than 20 years. The Freddy’s & Moe’s Center is perfectly positioned as an outlot to AMC Theatre, The Home Depot and a Walmart Supercenter, with Lowe’s Home Improvement directly across the street. The center has excellent exposure along West Lloyd Expressway, surrounded by destination-type retailers that draw consistent daily traffic to this area. There is an abundance of national retailers nearby including but not limited to Aldi, Office Depot, Applebee’s, Wendy’s, Buffalo Wild Wings, CVS, Denny’s, Fazoli’s, Sonic, Culver’s, Taco Bell, McDonald’s, Arby’s and countless others.