Promenade Shopping Center Retail
For Lease
Contact for pricing
1223 Hirschland Rd, Evansville, IN 47715
Highly visible shopping center space for lease in Evansville.
Space SizeContact for details
Property Size12,316 SF
Days on Market1386
Property Features for 1223 Hirschland Rd
General Information
Standard status
Active
Size
12,316 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
12,316 SF
Year Built
2002
Tenancy
Multiple
Spaces For Lease
at 1223 Hirschland Rd Contact us- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 2 - Interior
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 3 - Interior
Listing Agency:
SVN | The Martin Group Indianapolis
(812) 573-3500
Listed By:
Andy Martin · License #IN RB14043658
Source:
Crexi
Added: Nov 11, 2022
Changed: Aug 22
Last Checked: Aug 26 at 11:33AM
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 Indianapolis
Investment Insights
Based on property information with market context.
Located in the Promenade on Evansville's East Side, Signiel Plaza is a new construction shopping center situated at the entrance to the Promenade, directly adjacent to Fresh Thyme Farmer's Market and Drake's. There are four spaces remaining, ranging from 1,630 to 2,000 square feet, offering up to 7,260 contiguous square feet. Each space fronts Hirschland Road and Vogel Road. Fifty percent of the building is already leased to a new restaurant. The property has one drive-thru remaining for the northern suite. The center features well-lit parking with quick access to Burkhardt Road. 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 Road is being extended in 2022 and will connect Eastland Mall to Cross Pointe Boulevard and Costco. This center is suitable for retailers, restaurants, and medical users looking to take advantage of the lifestyle being created at the Promenade. Offering rent is cold dark shell.
Key Highlights
- Highly visible shopping center location at the entrance to the Promenade on Evansville's East Side.
- New construction building (Signiel Plaza) adjacent to Fresh Thyme Farmer's Market and Drake's.
- 50% of the building is already leased to a new restaurant.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 27%
Hotels & Casinos 1%
Evansville #4
Shops & Services
36,229 visits/mo
0.5 miles
White Castle
Dining
13,834 visits/mo
0.4 miles
Econolodge
Hotels & Casinos
453 visits/mo
0.4 miles
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
Lease Benchmarks for Evansville, IN
$15.5 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
6,532 SF
Avg Space Size
This space is priced 13% above the average of $15.5 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Highly visible shopping center space for lease in Evansville.
Where is this shopping center located?
The property is located at 1223 Hirschland Rd Evansville, IN.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Highly visible shopping center location at the entrance to the Promenade on Evansville's East Side.; New construction building (Signiel Plaza) adjacent to Fresh Thyme Farmer's Market and Drake's.; 50% of the building is already leased to a new restaurant.
