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Multi-Suite Shopping Center
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4400 North First Avenue, Evansville, IN 47710

NNN leasing offers retail, medical, office, and service space with suite sizes suited to varied commercial requirements.

Space Size1,156 SF - 65,340 SF
Property Size176,197 SF
Days on Market195

Property Features for 4400 North First Avenue

General Information

Standard status Active
Size 1,156 SF - 65,340 SF
Net Rentable 1,100 SF
Property subtype Neighborhood Center
Zoning C-4
Lease Type NNN

Space & Availability

Available Space 1,100-9,000 SF
Available From Immediate

Site & Location

Anchor Co-Tenants Ruler Foods, Planet Fitness, CVS, AT&T, Dollar General, Deaconess Urgent Care, Starbucks, Fifth Third Bank, El Patron
Traffic Count 20,800 vehicles/day

Additional Details

CAM $2.00 /USD/SF/YR

Building Details

Building Size 176,197 SF
Year Built 1957
Tenancy Multi

Spaces For Lease

at 4400 North First Avenue Contact us

1000 North Park Dr

Size
9,000 SF
Lease Type
NNN
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4428 First Avenue

Size
65,340 SF
Lease Type
NNN
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4482 First Avenue

Size
3,647 SF
Lease Type
NNN
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4490A First Avenue

Size
1,872 SF
Lease Type
NNN
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4496 First Avenue

Size
1,156 SF
Lease Type
NNN
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903 North Park Dr.

Size
3,095 SF
Lease Type
NNN
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Listing Agency: SVN | The Martin Group - Indianapolis
Listed By: Andy Martin · License ##RB14043658
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 4:32PM

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 - Indianapolis

Investment Insights

Based on property information with market context.

North Park Shopping Center provides a range of leasing options, with suites from 1,100 SF to 9,000 SF. Available configurations include former dental office, theater, and medical retail spaces, along with in-line retail suites. A land lease pad is also available for build-to-suit development. The property is zoned C-4 and offers NNN lease terms.

The center fronts North First Avenue with 20,800 average daily trips and benefits from access to ample parking. More than 1.8 million unique visitors are reported annually. Co-tenants include Ruler Foods, Planet Fitness, CVS, AT&T, Dollar General, Deaconess Urgent Care, Starbucks, Fifth Third Bank, and El Patron.

Nearby community and institutional destinations include Holy Redeemer Church and School, Central High School, Ivy Tech Community College, and Showplace Cinemas North. The available spaces are positioned for immediate occupancy, subject to lease arrangements.

Key Highlights

  • Suites range from 1,100 SF to 9,000 SF
  • Former dental office, theater, and medical retail spaces available
  • Land lease pad available for build‑to‑suit opportunities

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop

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

20,800 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby
Under-served
Demand for This Use

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

$15.5 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
6,532 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Jay C Food Store, 4624 N First Ave, Evansville, IN 47710

Frequently Asked Questions

What type of property is this?
Shopping center - NNN leasing offers retail, medical, office, and service space with suite sizes suited to varied commercial requirements.
Where is this shopping center located?
The property is located at 4400 North First Avenue Evansville, IN.
What are key features of this property?
This property features: Suites range from 1,100 SF to 9,000 SF; Former dental office, theater, and medical retail spaces available; Land lease pad available for build‑to‑suit opportunities
More about this property
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