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Retail Storefront with Road Frontage
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4800 Washington Ave, Evansville, IN 47715

Available storefront space with options for Green River Rd. frontage and/or mall entry in a high-traffic Evansville retail corridor.

Space Size6,238 SF
Days on Market378

Property Features for 4800 Washington Ave

General Information

Standard status Active
Size 6,238 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 4800 Washington Ave
Washington Square Mall $12/SF/Yr
Size 6,238 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Sublease No
Qualities of Property: Located at the southeast corner of Green River Rd. & Washington Ave in Evansville’s retail corridor. High traffic volume consisting of 25,194 vehicles per day on Green River Rd. Location provides easy access to I-69, US-41, and Lloyd Expressway. Goodwill Industries renovations underway in recently purchased Sears location approximately 200,000 square feet. Space available for Green River Road frontage and/or mall entry. Outparcels: Deaconess Urgent Care: Newly constructed, located at the corner of Green River Rd. & Washington Ave. Goodyear/Raben: Renovated location. Paul’s Pharmacy: Locally owned pharmacy and gift shop. Remodeled interior and exterior. One outparcel available!
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Listing Agency: Hahn Kiefer Real Estate Services
Listed By: Joseph Kiefer
Source: Moodyscre
Added: Sep 19, 2025 Changed: Sep 6 Last Checked: Oct 1 at 2:18PM

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 Hahn Kiefer Real Estate Services

Investment Insights

Based on property information with market context.

Available storefront space at a retail property located on the southeast corner of Green River Rd. & Washington Ave in Evansville’s retail corridor. The center benefits from high traffic volume along Green River Rd., with 25,194 vehicles per day reported. The space is marketed with Green River Road frontage and/or mall entry options, supporting visibility and convenient customer access.

The location provides easy access to I-69, US-41, and the Lloyd Expressway. Recent nearby redevelopment includes Goodwill Industries renovations underway in a recently purchased Sears location of approximately 200,000 square feet, which may support continued activity in the broader retail area.

An outparcel is available at the property. Other outparcels noted include Deaconess Urgent Care, Goodyear/Raben, and Paul’s Pharmacy.

Key Highlights

  • Located at the southeast corner of Green River Rd. & Washington Ave in Evansville’s retail corridor.
  • Green River Rd. traffic volume of 25,194 vehicles per day.
  • Easy access to I‑69, US‑41, and Lloyd Expressway.

Property Analytics

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Current Use

Washington Square Mall Shopping Center & Mall

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Law Firm Auto Parts Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,592
Businesses Nearby
Balanced
Demand for This Use

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

$15.5 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
15,736 SF
Avg Space Size

This space is priced 23% below the average of $15.5 /SF/Yr.

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

  • Zees — 3635 Covert Ave, Evansville, IN 47714
  • Washington Square Mall — 4800 Washington Ave, Evansville, IN 47715
  • VC-21 — washington sq mall, 5011 washington ave, evansville, in 47715
  • Lawndale Shopping Center — 4905 Bellemeade Ave, Evansville, IN 47715
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 730B S Green River Rd, Evansville, IN 47715

Frequently Asked Questions

What type of property is this?
Shopping center - Available storefront space with options for Green River Rd. frontage and/or mall entry in a high-traffic Evansville retail corridor.
Where is this shopping center located?
The property is located at 4800 Washington Ave Evansville, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located at the southeast corner of Green River Rd. & Washington Ave in Evansville’s retail corridor.; Green River Rd. traffic volume of 25,194 vehicles per day.; Easy access to I‑69, US‑41, and Lloyd Expressway.
(812) 604-5973 Call to check price and availability
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