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Office Suite with NNN Lease
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2504 Waterbridge Way, Evansville, IN 47710

Functional commercial space with onsite parking and access near 1st Avenue and Diamond Avenue.

Space Size1,100 SF
Property Size4,500 SF
Days on Market153

Property Features for 2504 Waterbridge Way

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF
Property subtype Office
Lease Type NNN

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Space Use Office

Amenities

onsite parking

Building Details

Building Size 4,500 SF
Year Built 1999
Tenancy Multiple

Spaces For Lease

at 2504 Waterbridge Way Contact us

Suite 2504 $7.50/SF/Yr

Size
1,100 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Commercial Services
Listed By: Scott Hyatt · License #IN RB14016323
Source: Crexi
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 2:13AM

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 1,100-square-foot office suite is offered under an NNN lease and provides a practical commercial setting for office or retail operations. The property was built in 1999 and includes onsite parking for convenient customer and employee access.

The suite is positioned in a high-traffic corridor near 1st Avenue and Diamond Avenue. An established tenant mix adds to the property’s commercial setting, while convenient access supports regular visits to the site.

Key Highlights

  • 1,100 SF office suite
  • NNN lease structure
  • Built in 1999

Property Analytics

Current Use

Bridges of Indiana Social Service Agency

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

Market

Lease Benchmarks for Evansville, IN

$10.64 /SF/Yr
Avg Asking Price
$2.21–$16.5 /SF/Yr
Price Range
42,511 SF
Avg Space Size

This space is priced 30% below the average of $10.64 /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 units - Functional commercial space with onsite parking and access near 1st Avenue and Diamond Avenue.
Where is this office units located?
The property is located at 2504 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: 1,100 SF office suite; NNN lease structure; Built in 1999
(812) 900-7661 Call to check price and availability
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