SKATE WORLD 1300 FAIRFIELD DRIVE EVANSVILLE, IN Scott Edmond Advisor
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1 SKATE WORLD 1300 FAIRFIELD DRIVE EVANSVILLE, IN Scott Edmond Advisor SVN The Martin Group 4004 E. Morgan Avenue, Suite 101, Evansville, IN SALE BROCHURE
2 Property Description PROPERTY OVERVIEW Skate World opened in 1999 in a 20,000 SF purpose built steel building on Evansville s eastside. In addition to the skate rink area, the building houses a large gaming area, a skate rental and locker area, skate shop, and snack bar. The building is equipped with an impressive audio system controlled from a DJ booth. All business equipment and inventory is included in the sale. Skate World is a popular location for birthday parties and hosts dozens of special events each month. The facility is operated by a long-time manager and 4-5-part time staff that would be amiable to staying on under new ownership. Skate World is one of a very few skating rinks in the region. Contact listing agent for Confidentiality Agreement and business financials. LOCATION OVERVIEW The subject is located in a growing commercial area bordering Burkhardt Road on the far east side of Evansville. The neighborhood is bounded to the north by Morgan Avenue, to the south by residential development, I-69 to the east and Green River Road to the west. PROPERTY HIGHLIGHTS * Established successful business with management in place * Close to shopping and dining destinations * Limited Competition in region SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 2
3 Property Details SALE PRICE $999,500 LOCATION INFORMATION Building Name Skate World Street Address 1300 Fairfield Drive City, State, Zip Evansville, IN County/Township Vanderburgh Market Evansville IN Henderson KY MSA Submarket Evansville East Cross Streets Fairfield and Vogel Road PROPERTY DETAILS Property Type Special Purpose Property Subtype Other Zoning C-4 Lot Size 1.26 Acres APN# Submarket Evansville East PARKING & TRANSPORTATION Number Of Spaces 50 BUILDING INFORMATION Building Size 20,000 SF Year Built 1999 Load Factor Yes Framing Steel Condition Good Roof Metal gable Free Standing Yes Number Of Buildings 1 Walls Pre-engineered steel Mezzanine 2,531 SF with 397 SF finished as office UTILITIES & AMENITIES Handicap Access Yes SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 3
4 Retailer Map SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 4
5 Additional Photos SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 5
6 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 2, , ,656 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 1,267 45,938 99,322 # of persons per HH Average HH income $45,702 $58,295 $60,405 Average house value $197,752 $158,268 $147,611 * Demographic data derived from 2010 US Census SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 6
7 Disclaimer The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. SKATE WORLD 1300 FAIRFIELD DRIVE, EVANSVILLE, IN SVN The Martin Group Page 7
8 NON-DISCLOSURE & CONFIDENTIALITY AGREEMENT The parties below in connection with a contemplated purchase, requests proprietary financial information regarding the following property and business operations. Skate World (1300 Fairfield Drive, Evansville, IN 47715) In consideration of this, I/we agree as follows: 1. Not to reveal to anyone, except for immediate advisors and fiduciaries, any proprietary information, rental details, lease terms, etc. disclosed by broker, and further, to instruct these immediate advisors and fiduciaries, to respect this non-disclosure and confidentiality agreement. 2. All property information furnished will be deemed confidential. Proprietary information does not include any information, which is or becomes generally available to the public or is already in our possession. 3. Unless otherwise agreed in writing, not to disclose or reveal any proprietary information for three (3) years from the date hereof to any persons or entities other than referred to in Paragraph 1 of this agreement. 4. Not to contact the business, tenant or property owners(s), employees, suppliers, competitors, attorney, accountant, or customers except through SVN The Martin Group and listing Broker. 5. All communications, whether oral, written, or electronic audio visual presentations or any other form of information, data, or communication containing information as to the terms and conditions of the Lease and other information provided by Seller/Landlord to Buyer regarding the Property, shall be deemed confidential. 6. To the understanding that although certain information has been included which you consider to be relevant, SVN The Martin Group and listing Broker make no representation or warranty (implied or expressed) as to its accuracy or completeness. 7. I/we also acknowledge that SVN The Martin Group and the listing Broker is solely representing the interests of the seller, unless otherwise agreed to in writing by both the seller and buyer. Agreed to & accepted this day of, 20. Potential Purchaser (Print) Potential Purchaser's Signature If applicable: Buyers Broker (Print) Buyers Broker Signature Once signed, please to: scott.edmond@svn.com
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