Downtown Evansville Office Space
For Lease
$16.50 SF/Yr
20 NW Third Street, Evansville, IN 47708
Office suites for rent in downtown Evansville, Indiana.
Space SizeContact for details
Days on Market175
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:
Svnmartin
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 26 at 6:10AM
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 heart of downtown Evansville's commercial district. The surrounding area includes restaurants, professional offices, multifamily residences, and retail establishments. Suites are available, ranging from 1000 square feet to multiple floors, with the possibility of the landlord building to suit. On-site amenities include ample parking in an attached covered garage, on-site building management, on-site banking, a common tenant lounge, and multiple conference and training rooms. Furnished office space is available, and the space can be built out to meet tenant needs. The facility is currently in year 4 of a 5-year capital improvement and renovation plan. Flexible layouts are available.
Key Highlights
- Prime downtown location in the center of commerce.
- Opportunity for landlord to build to suite based on tenant needs.
- Ample on‑site parking in attached covered parking 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
$12.16 /SF/Yr
Avg Asking Price
$8.5–$16.5 /SF/Yr
Price Range
16,836 SF
Avg Space Size
This space is priced 36% above the average of $12.16 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office suites for rent in downtown Evansville, Indiana.
Where is this office building 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 in the center of commerce.; Opportunity for landlord to build to suite based on tenant needs.; Ample on‑site parking in attached covered parking garage.
