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Renovated Office Building For Lease
For Lease
$8.50 SF/Yr

2425 Highway 41 North, Evansville, IN 47711

Five-story office building with renovated interiors and common conference room.

Space Size1 SF - 1,833 SF
Property Size37,287 SF
Days on Market280

Property Features for 2425 Highway 41 North

General Information

Standard status Active
Size 1 SF - 1,833 SF
Class B
Property subtype Office
Lease Term Gross; Sign

Building Details

Building Size 37,287 SF
Year Built 1977

Spaces For Lease

at 2425 Highway 41 North Contact us

135 $8.50/SF/Yr

Size
350 SF
Type
Office Building
Term
Negotiable
Contact us

204 & 206 $9.25/SF/Yr

Size
1,400 SF
Type
Office Building
Term
Negotiable
Contact us

305 $9.25/SF/Yr

Size
1,368 SF
Type
Office Building
Term
Negotiable
Contact us

311 $9.25/SF/Yr

Size
1,833 SF
Type
Office Building
Term
Negotiable
Contact us

403 $12/SF/Yr

Size
270 SF
Type
Office Building
Term
Negotiable
Contact us

404

Size
134 SF
Type
Office Building
Term
Negotiable
Contact us

407 $9.25/SF/Yr

Size
1,280 SF
Type
Office Building
Term
Negotiable
Contact us

415 $9.25/SF/Yr

Size
1,430 SF
Type
Office Building
Term
Negotiable
Contact us

Pylon Sign $1,000/Mo

Size
1 SF
Term
Negotiable
Contact us
Listing Agency: SVN | The Martin Group Evansville
Listed By: Matt Kiefer · License #IN #RB19001801
Source: Svn
Added: Nov 21, 2025 Changed: Aug 14 Last Checked: Aug 26 at 6:51AM

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.

This well-constructed, five-story office building was originally built for a corporate headquarters and has since been renovated for multiple tenants. A full exterior and interior renovation was completed in 2017. All occupants have access to an 800-square-foot common conference room located on the fifth floor. The building is conveniently located at the intersection of Indiana 62 (Diamond Avenue) and Highway 41, providing access to most areas in Evansville, including downtown, within a short commute. Ample parking is available.

Key Highlights

  • Competitive lease rates starting from $10/SF gross.
  • Benefit from a full exterior and interior renovation completed in 2017.
  • Conveniently located at the intersection of IN 62 and Highway 41, offering easy access to Evansville and downtown.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Spa & Massage Center Kitchen & Bath Showroom

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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
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 30% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Five-story office building with renovated interiors and common conference room.
Where is this office building located?
The property is located at 2425 Highway 41 North Evansville, IN.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Competitive lease rates starting from $10/SF gross.; Benefit from a full exterior and interior renovation completed in 2017.; Conveniently located at the intersection of IN 62 and Highway 41, offering easy access to Evansville and downtown.
More about this property
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