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Build-to-Suit Industrial Land
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5505 Foundation Dr, Evansville, IN 47725

Industrial build-to-suit opportunity on a lot fronting US-57 and visible from I-69, supporting up to 200,000 SF.

Space Size200,000 SF
Days on Market1331

Property Features for 5505 Foundation Dr

General Information

Standard status Active
Size 200,000 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 5505 Foundation Dr
Manufacturing-Distribution Facility / #3891 AVAILABLE
Size 200,000 SF
Type INDUSTRIAL
Rate Contact for pricing
Lease Type NET_NNN
Sublease No
An optimal location near the intersection of I-69 and I-64, this is the last Build-to-Suit opportunity within Evansville's premier Vanderburgh Industrial Park. A 100,000 - 200,000 SF warehouse fits perfectly on this 9.084 acre lot that fronts US-57 and is visible from I-69. Ideal for manufacturing, warehousing, and distribution uses, this proposed building will be customized to the specs of the tenant. Proposed Building Specs: - 100,000 - 200,000 SF - Pre-Engineered Steel with Masonry Band (Optional Concrete Tilt Construction) - 1,000 SF Office Area - 32' Ceilings - 50' x 50' Column Spacing - 7" Unreinforced Concrete - 30 Employee Parking Spaces - +/- 5 Docks with Dock Equipment - 2 Drive in Doors - ESFR Fire Suppression System - T-5 Lighting w/ motion sensors - Warehouse Heat - Construction Timeframe: +/- 8-10 months Please contact listing broker with questions and customized pricing. Quoted Asking Rates are based on a 15 year lease term. Rate for a 10 year lease term is available upon request.
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Listing Agency: Woodward Commercial Realty, Inc.
Listed By: Greg J. Folz · License #RB14046879
Source: Moodyscre
Added: Mar 7, 2023 Changed: Oct 26 Last Checked: Oct 28 at 6:13AM

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 Woodward Commercial Realty, Inc.

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Investment Insights

Based on property information with market context.

Positioned near the intersection of I-69 and I-64 within Evansville’s Vanderburgh Industrial Park, this is a build-to-suit industrial land opportunity with frontage on US-57 and visibility from I-69. The site is described as the last available build-to-suit opportunity in the park, with a proposed warehouse plan customized to tenant specifications.

The proposed building is sized for a 100,000 to 200,000 SF warehouse on a 9.084-acre lot. The plan includes a pre-engineered steel structure with a masonry band (with optional concrete tilt construction), 32' ceilings, 50' x 50' column spacing, and 7" unreinforced concrete. The program also allows for approximately 1,000 SF of office area and includes 32' ceilings, dock access (+/- 5 docks with dock equipment), and two drive-in doors.

Additional proposed features include an ESFR fire suppression system, T-5 warehouse lighting with motion sensors, and warehouse heat. The plan calls for about 30 employee parking spaces, with an estimated construction timeframe of approximately 8–10 months. Quoted asking rates are based on a 15-year lease term, with a 10-year term available upon request.

Key Highlights

  • Build‑to‑suit industrial lot totaling 9.084 acres, fronting US‑57 and visible from I‑69 near I‑69/I‑64 intersection
  • Proposed warehouse size of 100,000–200,000 SF with 1,000 SF office area
  • 32' clear ceilings with 50' x 50' column spacing

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Building Supply Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

32
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial build-to-suit opportunity on a lot fronting US-57 and visible from I-69, supporting up to 200,000 SF.
Where is this industrial land located?
The property is located at 5505 Foundation Dr Evansville, IN.
What are key features of this property?
This property features: Build‑to‑suit industrial lot totaling 9.084 acres, fronting US‑57 and visible from I‑69 near I‑69/I‑64 intersection; Proposed warehouse size of 100,000–200,000 SF with 1,000 SF office area; 32' clear ceilings with 50' x 50' column spacing
(812) 708-0106 Call to check price and availability
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