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Restaurant Space with On-Site Parking
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5100 E Morgan Ave, Evansville, IN 47715

Restaurant-only use with access to nearby retail and SR 66.

Space SizeContact for details
Property Size5,617 SF
Days on Market114

Property Features for 5100 E Morgan Ave

General Information

Standard status Active
Size 5,617 SF
Property subtype Retail

Additional Details

Space Use Restaurant
Highway Access Yes

Building Details

Building Size 5,617 SF
Year Built 1995
Listing Agency: NAI Commercial Services
Listed By: Scott Hyatt, CCIM · License #IN #RB14016323
Source: Naiprime
Added: Jun 25 Changed: Oct 10 Last Checked: Oct 16 at 7:33AM

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

Rey
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Investment Insights

Based on property information with market context.

This conventional restaurant property is available for restaurant use only and includes on-site parking. The building dates to 1995, providing an established physical setting for restaurant operations.

The property is located near the Green River Road retail hub, with access to Lloyd Expressway (SR 66). Signalized access is nearby, supporting convenient approach from the surrounding commercial area.

Key Highlights

  • Restaurant use only
  • On‑site parking included
  • Near the Green River Road retail hub

Property Analytics

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Open Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Plumbing Service Veterinary Clinic (Bike/Boat/Book/etc) Store Hotel & Motel

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby
Under-served
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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-only use with access to nearby retail and SR 66.
Where is this conventional restaurant located?
The property is located at 5100 E Morgan Ave Evansville, IN.
What are key features of this property?
This property features: Restaurant use only; On‑site parking included; Near the Green River Road retail hub
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