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High-Traffic Retail/Office Space Available
For Lease
$7.50 SF/Yr NNN

2500 Waterbridge Way, Evansville, IN 47710

1,100 SF suite in high-traffic area off 1st & Diamond.

Space Size1,100 SF
Property Size36,400 SF
Days on Market197

Property Features for 2500 Waterbridge Way

General Information

Standard status Active
Size 1,100 SF
Class C
Property subtype Office
Lease Term NNN

Building Details

Building Size 36,400 SF
Year Built 1999

Spaces For Lease

at 2500 Waterbridge Way
2504 Waterbridge Way $7.50/SF/Yr
Size 1,100 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: NAI Commercial Services
Listed By: Scott Hyatt, CCIM · License #IN #RB14016323
Source: Naiprime
Added: Apr 8 Changed: Oct 15 Last Checked: Oct 20 at 5:28PM

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

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Investment Insights

Based on property information with market context.

Located at 2504 Waterbridge Way, this 1,100 SF suite is positioned in a high-traffic corridor off 1st Avenue and Diamond Avenue. The NNN lease opportunity is suitable for retail or office users seeking a functional space. The property features a strong, established tenant mix. Ample onsite parking and convenient access are available. The location provides accessibility to major retail and traffic corridors. This space is suitable for businesses looking to establish or expand in a well-located commercial setting.

Key Highlights

  • High‑traffic location off 1st Ave & Diamond Ave.
  • 1,100 SF functional space suitable for retail or office use.
  • Ample onsite parking for customers and employees.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Barber Shop Skin Care Clinic Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 47710, IN

18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Evansville, IN

$19.97 /SF/Yr
Avg Asking Price
$7.5–$76.8 /SF/Yr
Price Range
30,855 SF
Avg Space Size

This space is priced 62% below the average of $19.97 /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

Frequently Asked Questions

What type of property is this?
Office unit - 1,100 SF suite in high-traffic area off 1st & Diamond.
Where is this office unit located?
The property is located at 2500 Waterbridge Way Evansville, IN.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: High‑traffic location off 1st Ave & Diamond Ave.; 1,100 SF functional space suitable for retail or office use.; Ample onsite parking for customers and employees.
More about this property
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