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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 Market1285

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 Contact us

Manufacturing-Distribution Facility / #3891

Size
200,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NET_NNN
Availability
AVAILABLE
Sublease
No
An optimal location near the intersection of I-69 and I-64, this is the last Build-to-Suit...
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Listing Agency: Woodward Commercial Realty, Inc.
Listed By: Greg J. Folz · License #RB14046879
Source: Moodyscre
Added: Mar 7, 2023 Changed: Sep 8 Last Checked: Sep 12 at 9:04AM

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.

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

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Open Analytics

Current Use

Industrial land

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
View Realmo Analytics

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
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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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