Price Upon Req.211,550 SF
Cushman & Wakefield Retail Investment Advisors presents for sale Village Commons, a 211,500 SF community center located in one of the busiest retail corridors of Evansville, IN. Village Commons benefits from four anchor tenants that account for 86% of the GLA, this includes national retailers Gander Mountain, Hobby Lobby, Value City Furniture, and Ross Dress for Less. While the property is currently 97% occupied, there are several tenants coming due in the next 5 years, including Hobby Lobby (2018), with below market rents and no options that will account for 30% of the center's GLA. This strategic value-add opportunity allows an investor to leverage the dominant location of Village Commons, while also capitalizing on the leasing momentum generated through the recent addition of Ross Dress for Less (10 yr lease). Furthermore, there's excess land that sits next to Hobby Lobby, giving the center flexibility to expand the size of one anchor tenant or add more small-shop space facing Cullen Avenue. Recent capital improvements made to the center include complete parking lot seal-coat/striping, partial roof replacement, new parking lot lights, exterior painting, and updated facade.
NEWLY RENOVATED, DOING GOOD SALES Aproximatly 1800 sq building see attached photoes there is also a 0.375 acres land behind the building can also be purchased and location can be expended.
Advanced Auto parts located at 2300 Covert Ave., in Evansville, Indiana. The subject property is 7,000 rentable square feet and is situated on a 29,000 square foot lot. The adjacent properties consist of a CVS Pharmacy and a Dollar General. Advanced Auto has occupied the space since 2000 and recently pre-exercised their next 5 year option giving this asset a firm lease term through 12/31/2021. Year over year store sales increased dramatically in 2014.
Relocating for business expansion. This 9,500sf building (includes a 2642sf garage and 1327sf of unfinished space) has been the East side store for this floral business for 40+ years. There is a large paved parking lot in front of the attractive brick building, a garage and large lot in the back for future expansion or additional parking. The open floor plan will make it easy to adapt to a new use. There are two 3-fixture restrooms. It has 400 amp electric. The property may be available For Lease to a strong tenant with a long-term agreement.
Lease Terms & Conditions: American Freight expires 01/2020 29,982 SF at $3.33/SF= $99,840.06 utilities only Smith & Butterfield expires 01/2020 20,860 SF includes 3,400 SF office at $3.45/SF= $71,967 yearly plus increases, utilities and 1/2 taxes Vacant 20,957 SF free span industrial includes 2,300 SF office plus shipping office 22,650 SF industrial with docks 12,000 SF second floor office Extra 2 acre lot included in sale.
ESTABLISHED SUCCESSFUL BUSINESS & REAL ESTATE Owners are retiring, making this a golden opportunity to realize your dream of owning your own turn-key business! *Award-winning floral and gift business * Rooted in the community * Established ecommerce presence Live upstairs...work downstairs and also earn additional income from the single-family residence on the property.
100% Completely new commercial building opportunity located in the heart of the Franklin Street Business District.
Price Upon Req.192,377 SF
Cushman & Wakefield Retail Investment Advisors presents Plaza East, a 192,000+ SF community center located in Evansville, IN. Anchored by national tenants Burlington Coat Factory, Party City, and Tuesday Morning, Plaza East is strategically located along one of the most heavily traveled retail corridors in Evansville. Recent additions to the center, including that of Party City and Tuesday Morning, have generated leasing momentum and further validate the center' s dominance within the submarket.
Building offers large retail showroom, service department, warehouse space, and shipping area.
Four single unit apartments, manual car wash, sign rental and 2.94 acres fronting State Road 57 on Evansville's fast growing north side. This property is 300' north of the proposed Wal-Mart on Boonville-New Harmony Road and State Road 57. Public auction of this property is July 29th at 5:30 PM.