Evansville Restaurant Space Available
For Lease
$15.40 SF/Yr
315 E Diamond Ave Evansville IN 47711, Evansville, IN 47711
2,728 SF of Retail Space Available in Evansville, IN 47711
Space SizeContact for details
Days on Market641
Property Features for 315 E Diamond Ave Evansville IN 47711
General Information
Standard status
Active
Property type
Restaurants, Retail residential properties, Individual retail properties, Retail properties & Spaces, Mixed-use properties
Elevators
N/A
Rate Type
Yearly
Building Details
Year Built
1969
Listed By:
Kristin Dannheiser
(812) 455-0001
Added: Jan 10, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Evansville, this 2,728-square-foot mixed-use property is available for lease and suitable for restaurant or retail businesses. The space is move-in ready and includes existing restaurant equipment, featuring two ventilation hoods, a walk-in refrigerator, a walk-in cooler, and an ice maker. Tables, chairs, and racks may remain for the tenant's use. Situated on a high-traffic thoroughfare with an AADT of 17,240 (2023), the property benefits from access points on both Governor and Diamond Avenues. An electric pole sign on Diamond Avenue offers additional advertising potential. The property's location and high traffic count ensure exposure to potential customers. The annual lease rate is $15.4 per square foot.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.31 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$17.38 /SF/Yr
Avg Asking Price
$11–$26.5 /SF/Yr
Price Range
6,224 SF
Avg Space Size
This space is priced 11% below the average of $17.38 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Aramark Correctional Services — 3500 N Harlan Ave, Evansville, IN 47711
Frequently Asked Questions
What type of property is this?
Restaurant - 2,728 SF of Retail Space Available in Evansville, IN 47711
Where is this restaurant located?
The property is located at 315 E Diamond Ave Evansville IN 47711 Evansville, IN.
What is the lease rate?
The lease rate is $15.40 SF/Yr.
