For Lease
$16/SF/YR

5310 Pearl Dr Evansville, IN 47712

Prime Retail/Office Space Available, High Traffic Area

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use property, totaling 10,000 square feet, presents a unique investment opportunity. Located on a highly visible 0.97-acre lot along Pearl Drive/Lloyd Expressway in Vanderburgh County, this single-story building boasts a prime location shadowing major retailers like Walmart Supercenter and Home Depot. Built in 2002 and renovated in 2006, the property features five suites, with 1,150 square feet currently available for lease. The C-4 zoning allows for a variety of commercial uses. The strong tenant mix includes established businesses such as Penn Station and Burkett Family Dentistry, further enhancing the property's appeal. The convenient location benefits from proximity to the University of Southern Indiana (USI), ensuring a consistent flow of potential customers. The property's Net Net Net (NNN) expenses are clearly defined, with real estate taxes totaling $2,512 annually, insurance at $269 annually, and common area maintenance (CAM) at $1,588 annually. This well-maintained property offers a blend of retail and office space, making it an ideal investment for discerning buyers seeking a high-traffic, established location with significant growth potential. The APN is 82-05-28-007-485.001-024.

Highlights

  • High-demand West Side location on Pearl Drive/Lloyd Expressway, shadowing Walmart & Home Depot.
  • 1,150 SF of vacant retail/office space available in a 10,000 SF mixed-use building.
  • Five suites total in a single-story building, built in 2002 and renovated in 2006.
  • Strong tenant mix including Penn Station, Burkett Family Dentistry, and Premiere Tan.
  • 0.97-acre lot in Vanderburgh County (APN: 82-05-28-007-485.001-024), zoned C-4.
  • Annual NNN expenses: $4,369 ($2,512 RE Taxes, $269 Insurance, $1,588 CAM).

Property Details for 5310 Pearl Dr

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
10,000 SF
Year Built/Renovated
2002/2006
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite E
Size
1,150 SF
Rate per SF
$16

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.974657893525
Longitude
-87.639388079297

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FAQs

What type of property is this?
Retail property - Prime Retail/Office Space Available, High Traffic Area
Where is the retail property located?
The property is located at 5310 Pearl Dr Evansville, IN.
What is the lease rate?
The lease rate is $16/SF/YR.
What are key features of this property?
This property features: High-demand West Side location on Pearl Drive/Lloyd Expressway, shadowing Walmart & Home Depot.; 1,150 SF of vacant retail/office space available in a 10,000 SF mixed-use building.; Five suites total in a single-story building, built in 2002 and renovated in 2006.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Property Records

Contacts

Evan Beck
Evan Beck
Visit Broker Website

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Pearl Dr
Evansville, IN 47712

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Evansville, IN 47712

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5310 Pearl Dr
  • Evan Beck
    Evan Beck
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