Downtown Evansville Loft Office
For Lease
$10 SF/Yr
420 Northwest 5th Street, Evansville, IN 47708
Historic brick and beam loft office in Evansville's NoCo district.
Space Size3,400 SF - 6,273 SF
Property Size73,109 SF
Days on Market259
Property Features for 420 Northwest 5th Street
General Information
Standard status
Active
Size
3,400 SF - 6,273 SF
Class
A
Property subtype
Office
Lease Term
MG
Building Details
Building Size
73,109 SF
Year Built
1890
Spaces For Lease
at 420 Northwest 5th Street Contact usSuite 100 $14/SF/Yr
Size
3,400 SF
Type
Office Building
Term
24 months
Suite 102 $16/SF/Yr
Size
6,273 SF
Type
Office Building
Term
24 months
Suite 204 $10/SF/Yr
Size
3,693 SF
Type
Office Building
Term
Negotiable
Listing Agency:
SVN | The Martin Group Evansville
Listed By:
Richard Clements · License #IN #RB18002031
(812) 746-8569
Source:
Svn
Added: Jan 27
Changed: Oct 4
Last Checked: Oct 12 at 6:11PM
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.
Located in Downtown Evansville’s NoCo “Makers District,” this historic brick and wooden beam loft space offers a unique urban office environment. The building provides tenants with free surface parking, access to a common meeting, banquet, and entertainment space, and on-site warehouse and storage facilities with a loading dock. The property benefits from convenient access to First Avenue and the Lloyd Expressway, and is within walking distance of the YMCA, Civic Center, Ford Center, Victory Theatre, and numerous restaurants and shops. The building features secured fob access, remodeled common areas, kitchenette, and restrooms. Computer network cabling is in place, and on-site management and maintenance services are available. New HVAC, security, and fire monitoring systems have been installed. The building includes a passenger elevator and access to a freight elevator. Current tenants include Corporate Design, Commonwealth Engineers, Apex Group, and the Indiana Attorney General. The surrounding area offers a dynamic blend of business and leisure, with convenient access to major transportation routes and a mix of established businesses and modern developments, making it an ideal choice for office tenants seeking a thriving and accessible environment. The property is suitable for office use.
Key Highlights
- Free surface parking in Downtown Evansville.
- Benefit from on‑site management and maintenance.
- Access to common meeting/banquet/entertainment space.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,950
Businesses Nearby
Explore this area
Business Placement
Demographics for 47708, IN
501
Population
538
Households
0.9
Avg Household Size
39
Median Age
46%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
835
Density / Sq Mi
$55,436
Median Household Income
$47,750
Median Earnings
$1,154
Median Rent
$241,400
Median Home Value
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Market
Lease Benchmarks for Evansville, IN
$19.75 /SF/Yr
Avg Asking Price
$7.5–$76.8 /SF/Yr
Price Range
30,155 SF
Avg Space Size
This space is priced 49% below the average of $19.75 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Historic brick and beam loft office in Evansville's NoCo district.
Where is this office units located?
The property is located at 420 Northwest 5th Street Evansville, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Free surface parking in Downtown Evansville.; Benefit from on‑site management and maintenance.; Access to common meeting/banquet/entertainment space.
