Prime Location: Restaurant or Office

Retail-Commercial for Sale
Catylist Listing ID: 30704754
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Building Size (RSF): 9,987 SF
Gross Building Area: See Agent
Gross Land Area: 0.90 Acres
Sale Price: $1,400,000
Unit Price: $140.18 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2021

Overview / Comments

This property sits in the middle of the retail, entertainment, commercial, medical and professional of the Evansville, IN MSA. This area draws from over 50 miles out. High traffic location with 35,000 VPD. The property is offered For Sale at $1,400,000 ($140/sf). The lease rate of $9,500/mo. ($11.41/sf/yr).

This property is ideally suited for a restaurant, retail or a medical/professional office application.

Subject property is an active retail business, so the exact name/location must be kept confidential until a Confidentiality Agreement (attached) has been executed.

During pandemic, please contact Randall via mobile #: 812-449-3424 or e-mail, below.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-24-012-144.006-027
Zoning: C-4
Traffic/Vehicle Count: 35,000
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1983
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: Parking is more than adequate as surface parking within shopping center is shared.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 84
Lot Depth: 136
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,090 71,501 129,141
Median Age: 34.73 38.21 38.4
Households: 2,934 31,290 54,518

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