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2007 W Franklin St, Evansville, IN 47712

Multitenant office building in the west side business district.

Space Size4,242 SF
Property Size10,310 SF
Days on Market153

Property Features for 2007 W Franklin St

General Information

Standard status Active
Size 4,242 SF
Class B
Property subtype Office
Lease Type Net

Building Details

Building Size 10,310 SF
Year Built 1985
Tenancy Multiple

Spaces For Lease

at 2007 W Franklin St Contact us

Suite B

Size
4,242 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: NAI Commercial Services
Listed By: Scott Edmond · License #IN RB15000270
Source: Crexi
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 8 at 6:39AM

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 NAI Commercial Services

Investment Insights

Based on property information with market context.

This multitenant professional office building is situated in the heart of the west side business district. The property features high-visibility signage opportunities. Abundant parking is available, both directly in front of the building and in the large rear lot.

Key Highlights

  • Prime location in the heart of the west side business district
  • Abundant parking available in front and rear lots
  • High‑visibility signage opportunities

Property Analytics

Current Use

Deaconess Clinic Urgent ... Medical Clinic Automotive Color & Supply ... Auto Repair Shop Primary Care West Medical Clinic David Hayes, MD Pediatrician Oliver Clinic Home Health Care Service

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Dental Office Parking Lot & Garage HVAC Service

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 47712, IN

24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
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 1% below the average of $12.16 /SF/Yr.

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?
Office building - Multitenant office building in the west side business district.
Where is this office building located?
The property is located at 2007 W Franklin St Evansville, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of the west side business district; Abundant parking available in front and rear lots; High‑visibility signage opportunities
More about this property
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