Downtown Evansville Office Space
For Lease
$16.50 SF/Yr
20 NW Third Street, Evansville, IN 47708
Office suites for lease in downtown Evansville near Ohio River.
Space SizeContact for details
Days on Market213
Property Features for 20 NW Third Street
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1981
Listing Agency:
SVN | The Martin Group Evansville
(812) 499-8770
Listed By:
Matt Kiefer · License #IN #RB19001801
(812) 499-8770
Source:
Svn
Added: Jan 27
Changed: Jul 6
Last Checked: Aug 26 at 6:16AM
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 Evansville
Investment Insights
Based on property information with market context.
Located two blocks from the Ohio River, the Fifth Third Center is positioned in the center of downtown Evansville's commercial district. The surrounding area includes restaurants, professional offices, multifamily residences, and retail spaces. Suites are available ranging from 1,000 square feet to multiple floors, with the possibility of build-to-suit options. The facility is currently in year 4 of a 5-year capital improvement and renovation plan. The property features flexible layouts, ample on-site parking in an attached covered parking garage, on-site building management, on-site banking, a common tenant lounge, multiple conference and training rooms, and furnished office space. The landlord offers the ability to build out available space to tenant specifications. Listing Broker has ownership interest in subject property.
Key Highlights
- Prime downtown location, just 2 blocks from the Ohio River.
- Flexible layouts with build‑to‑suit options.
- Ample on‑site parking in attached covered garage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,059
Businesses Nearby
Explore this area
Business Placement
Demographics for 47708, IN
501
Population
538
Households
0.9
Avg Household Size
39
Median Age
46%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
835
Density / Sq Mi
$55,436
Median Household Income
$47,750
Median Earnings
$1,154
Median Rent
$241,400
Median Home Value
Market
Lease Benchmarks for Evansville, IN
$10.64 /SF/Yr
Avg Asking Price
$2.21–$16.5 /SF/Yr
Price Range
42,511 SF
Avg Space Size
This space is priced 55% above the average of $10.64 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Office suites for lease in downtown Evansville near Ohio River.
Where is this office units located?
The property is located at 20 NW Third Street Evansville, IN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Prime downtown location, just 2 blocks from the Ohio River.; Flexible layouts with build‑to‑suit options.; Ample on‑site parking in attached covered garage.
