12901 N US Hwy 41 Evansville, IN

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Listing date Mar 6, 2025

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Investment Insights

Based on property information with market context.

The property features a brand new 10-year absolute NNN lease with a corporate guaranty by Heartland Dental. It is located in Darmstadt Crossing Shopping Center, anchored by Schnucks Grocery Store. The lease includes 10 percent rental increases every five years. The property benefits from excellent visibility along US Highway 41, which sees over 24,000 vehicles per day. Its central location places it within 10 miles of Evansville Regional Airport, Downtown Evansville, and the University of Evansville. The surrounding area includes national tenants such as Schnucks, Wendy’s, Ace Hardware, CVS Pharmacy, and Valvoline, as well as several financial and banking institutions. The area boasts a high average annual income exceeding $152,000 within a one-mile radius. The property is situated within a growing trade area with over 159,700 residents and 189,000 daytime employees within a ten-mile radius, and a population projected to increase 3 – 4% by 2028. The property size is 3,864 square feet.

Key Highlights

• Brand new 10‑year absolute NNN lease with corporate guaranty by Heartland Dental
• Located in Darmstadt Crossing Shopping Center anchored by Schnucks Grocery Store
• 10 percent rental increases every five years

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FAQs

What type of property is this?

Medical Office Space - New 10-year NNN lease with corporate guaranty.

Where is this medical office space located?

The property is located at 12901 N US Hwy 41 Evansville, IN.

What is the asking price?

The asking price for this property is $2,293,780.

What are key features of this property?

This property features: Brand new 10‑year absolute NNN lease with corporate guaranty by Heartland Dental; Located in Darmstadt Crossing Shopping Center anchored by Schnucks Grocery Store; 10 percent rental increases every five years