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New Heartland Dental NNN Lease
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12901 US-41, Evansville, IN 47725

New 10-year NNN lease with corporate guaranty.

Property Size3,864 SF
Price / SF$593.63
Days on Market288

Property Features for 12901 US-41

General Information

Standard status Active
Size 3,864 SF
Property subtype Office, Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $129,599

Building Details

Year Built 2021
Tenancy Single
Listing Agency: Marcus & Millichap - Columbus
Listed By: Zack House · License #AZ, OH CO000422000
Source: Crexi
Added: Nov 25, 2025 Changed: Sep 8 Last Checked: Sep 7 at 11:51AM

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 Marcus & Millichap - Columbus

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

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 47725, IN

19,220
Population
7,861
Households
2.4
Avg Household Size
40
Median Age
44%
College-Educated
98%
High-School Grad
55.1 sq mi
ZIP Area
349
Density / Sq Mi
$105,528
Median Household Income
$53,430
Median Earnings
$1,632
Median Rent
$270,700
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?
Medical Office Space - New 10-year NNN lease with corporate guaranty.
Where is this medical office space located?
The property is located at 12901 US-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
(602) 687-6650 Call to check price and availability
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