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Office Building on Major Corridor
For Lease
$975/Mo

3420 E Morgan, Evansville, IN 47715

Office building with peaceful setting along major commercial corridor.

Space Size1,230 SF - 1,430 SF
Property Size13,046 SF
Days on Market185

Property Features for 3420 E Morgan

General Information

Standard status Active
Size 1,230 SF - 1,430 SF
Class C
Property subtype Office
Lease Term MG

Building Details

Building Size 13,046 SF
Year Built 1975

Spaces For Lease

at 3420 E Morgan Contact us

Suite 1 $1,025/Mo

Size
1,430 SF
Type
Office Building
Term
36 months
Contact us

Suite 2 $975/Mo

Size
1,230 SF
Type
Office Building
Term
36 months
Contact us
Listing Agency: NAI Commercial Services
Listed By: Scott Hyatt, CCIM · License #KY #201456
Source: Naiprime
Added: Mar 26 Changed: Sep 26 Last Checked: Sep 26 at 5:01AM

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 office building is situated along a major east-west commercial corridor in Evansville. The location is adjacent to the Evansville Psychiatric Children’s Center and across from McDonald Golf Course. The building benefits from a setting surrounded by trees and greenery.

Key Highlights

  • Located along a major east/west commercial corridor in Evansville.
  • Peaceful setting surrounded by trees and greenery.
  • Office building suitable for commercial use.

Property Analytics

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Current Use

Hagan Appliance Service Home Appliance Store BMWC Constructors Inc Construction Company Oglesby Digital Film Production

Suggested Use

Top Pick Dental Office Law Firm Storage Facility Auto Parts Store HVAC Service 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

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
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

$11.63 /SF/Yr
Avg Asking Price
$8.5–$16.5 /SF/Yr
Price Range
10,613 SF
Avg Space Size

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 building - Office building with peaceful setting along major commercial corridor.
Where is this office building located?
The property is located at 3420 E Morgan Evansville, IN.
What is the lease rate?
The lease rate is $975/Mo.
What are key features of this property?
This property features: Located along a major east/west commercial corridor in Evansville.; Peaceful setting surrounded by trees and greenery.; Office building suitable for commercial use.
More about this property
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