Search
Class A Office Units
For Lease
Contact for pricing

221 NW 5th St, Evansville, IN 47708

Office space within a designated Opportunity Zone in the Central Business District.

Space Size6,000 SF
Days on Market81

Property Features for 221 NW 5th St

General Information

Standard status Active
Size 6,000 SF
Class A
Property subtype OFFICE
Lease Type NNN

Additional Details

Opportunity Zone Yes

Spaces For Lease

at 221 NW 5th St Contact us

221 NW 5th St $10/SF/Yr

Floor
Lower Level
Size
6,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Premier Central Business District investment in designated Opportunity Zone. Class...
show more
Contact us
Listing Agency: F.C. Tucker Commercial
Listed By: Will Smith · License #RB18000507
Source: Moodyscre
Added: Jul 9 Changed: Sep 26 Last Checked: Sep 26 at 9:02AM

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 F.C. Tucker Commercial

Investment Insights

Based on property information with market context.

This office offering provides 2,489 square feet of space in a Class A office setting. The property is situated in Evansville’s Central Business District and is designated within an Opportunity Zone.

The address includes 221 NW 5th Street and 409 Ingle Street, Evansville, Indiana 47708.

Key Highlights

  • 2,489 square feet of office space
  • Located in Evansville’s Central Business District
  • Designated Opportunity Zone

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Jackson Kelly, PLLC Law Firm Angela L. Freel Law Firm Griner Justin L Law Firm Lockyear Title, LLC Title Company Dimmitt Lauren E Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Storage Facility Furniture & Home Goods Nail Salon Tanning Salon

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,355
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Evansville, IN

$11.1 /SF/Yr
Avg Asking Price
$2.21–$20.82 /SF/Yr
Price Range
30,155 SF
Avg Space Size

This space is priced 10% below the average of $11.1 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office space within a designated Opportunity Zone in the Central Business District.
Where is this office units located?
The property is located at 221 NW 5th St Evansville, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2,489 square feet of office space; Located in Evansville’s Central Business District; Designated Opportunity Zone
(812) 480-0553 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message