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Promenade Retail Center For Sale
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1223 Hirschland Rd, Evansville, IN 47715

Highly visible shopping center in Evansville's strongest retail corridor.

Property Size12,316 SF
Price / SF$0.00
Days on Market207

Property Features for 1223 Hirschland Rd

General Information

Standard status Active
Size 12,316 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 12,316 SF
Year Built 2023

Properties For Sale

at 1223 Hirschland Rd Contact us

1223 Hirschland Rd Suite 107 - Interior

Size
1,859 SF
Type
Strip Center
Term
120 months
Contact us
Listing Agency: SVN | The Martin Group
Listed By: Chris Stuard · License #IN #RB14048888
Source: Svn
Added: Jan 27 Changed: Aug 22 Last Checked: Aug 22 at 5:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | The Martin Group

Investment Insights

Based on property information with market context.

This highly visible shopping center is located in The Promenade on Evansville's east side. Signiel Plaza is a new construction building situated at the entrance to The Promenade, directly adjacent to Fresh Thyme Farmer's Market and Drake's. There are 6 spaces remaining ranging from 1,630 to 2,000 SF, totaling 12,316 contiguous square feet. Each space fronts Hirschland Rd and Vogel Rd. The property has one drive-thru for the northern suite and one pick-up window with the east suite. The center has an abundance of well-lit parking with quick access to Burkhardt Rd. Other tenants in the area include Fresh Thyme, Wasabi Hibachi Grill, Spectrum Communications, Drake's, Mister B's, Sam's Club, Academy Sports, Marshall's, and Costco. Vogel Rd has been extended and connects Eastland Mall all the way to Cross Pointe Blvd and Costco. This center is suitable for retailers, restaurants, and medical users looking to take advantage of the lifestyle being created at The Promenade. The Shopping Center is located at the entrance to The Promenade, Evansville's only lifestyle development, along Vogel Rd and is directly adjacent to Fresh Thyme and Drake's. It benefits from great visibility along Vogel Rd.

Key Highlights

  • Located in Evansville's strongest retail corridor within The Promenade lifestyle development.
  • High visibility location directly adjacent to Fresh Thyme and Drake's.
  • New construction (2023) with spaces ranging from 1,630 - 2,000 SF (up to 12,316 SF contiguous).

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Daycare Center Florist Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Highly visible shopping center in Evansville's strongest retail corridor.
Where is this shopping center located?
The property is located at 1223 Hirschland Rd Evansville, IN.
What are key features of this property?
This property features: Located in Evansville's strongest retail corridor within The Promenade lifestyle development.; High visibility location directly adjacent to Fresh Thyme and Drake's.; New construction (2023) with spaces ranging from 1,630 - 2,000 SF (up to 12,316 SF contiguous).
More about this property
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