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1016 S Weinbach Ave
Evansville, IN 47714 Lorraine Park

$1,175,000 USD

Storefront Retail Office For Sale  •  12,884 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 12,884 SF
  • Lot Size 1.22 AC
  • Building Class B
  • Year Built 1963
  • Tenancy Multiple
  • Zoning C-1
50 Walk Score

Highlights

100% OCCUPIED MULTI TENANT RETAIL / STRONG TENANT PERFORMANCE AND COMMITMENT
PROFORMA CAP RATE OF 8% / CURRENTLY UNDER-MARKET RENTS, EXPECTED TO BE RAISED WITH EARLY LEASE EXTENSIONS
DENSE LOCAL MARKET NEIGHBORHOOD PLAZA WITH CREDIBLE DEMAND GENERATORS | CLOSE PROXIMITY TO HIGH SCHOOL & UNIVERSITY
PREMIUM HIGH TRAFFIC COUNTS OF 25,000 CARS PER DAY
DENSE TRAFFIC CORNER WHICH PROVES LOCAL MARKET DESIRABILITY

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Evansville Regional 13 min - 5.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Neil Naran 949-332-2068 Value Net Lease Partners
Neil Naran 949-332-2068 Value Net Lease Partners