For Lease
$7/SF/YR

5115 Oak Grove Rd Evansville, IN 47715

High-visibility flex space, ideal for multiple tenants.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 22,132-square-foot flex space presents a remarkable investment opportunity in Evansville's thriving Eastside. Strategically located between Green River Road and Burkhardt Road, off Morgan Avenue, this property boasts high visibility and traffic flow. Originally configured as a warehouse with office space, it was later adapted for retail use and even served as classroom space. The building features a single-story and a second story, encompassing a total of 22,132 square feet, with 18,000 square feet currently vacant. A dock-high loading door and bay are conveniently situated on the west side, providing easy access to a freight elevator. The property includes a robust 800-amp, 3-phase electrical service, ensuring ample power for diverse business needs. Parking is readily available with 60 spaces. The building's classification is C, and it was constructed in 1973. Its convenient location offers easy access to major transportation arteries, sitting just 1.2 miles from the intersection of I-69 and IN-62. The property sits on 2.19 acres of land and is zoned M-2. The property's address is 5115 Oak Grove Road, Evansville, MSA, with the APN 82-06-24-017-159.017-027 and cross street Morgan Ave. This versatile property is perfect for a variety of uses and represents a compelling opportunity for investors seeking a high-return asset in a prime location.

Highlights

  • 22,132 SF flex space, retail and industrial use.
  • 18,000 SF vacant.
  • 2.19 acres of land.
  • Class C building, built in 1973.
  • One two-story building with one freight elevator.
  • One dock-high door and one loading dock.

Property Details for 5115 Oak Grove Rd

Property type
Retail properties, Industrial properties
RSF (Rentable sq. ft)
22,132 SF
Class
C
Year Built
1973
Buildings
1
Stories
2

Unit(s) available at that property

Space
Size
22,132 SF
Rate per SF
$7

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9908718
Longitude
-87.4883295

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FAQs

What type of property is this?
Retail property - High-visibility flex space, ideal for multiple tenants.
Where is the retail property located?
The property is located at 5115 Oak Grove Rd Evansville, IN.
What is the lease rate?
The lease rate is $7/SF/YR.
What are key features of this property?
This property features: 22,132 SF flex space, retail and industrial use.; 18,000 SF vacant.; 2.19 acres of land.
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.
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Property Records

Contacts

Ryan Miller
Ryan Miller
Visit Broker Website

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Oak Grove Rd
Evansville, IN 47715

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Oak Grove Rd
Evansville, IN 47715

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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.

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5115 Oak Grove Rd
  • Ryan Miller
    Ryan Miller
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