Retail Space in High-Traffic
For Lease
$14.25 SF/Yr
5225 Pearl Dr, Evansville, IN 47712
1,900 SF retail space in Evansville's thriving west side.
Space Size1,900 SF - 2,250 SF
Property Size15,250 SF
Days on Market198
Property Features for 5225 Pearl Dr
General Information
Standard status
Active
Size
1,900 SF - 2,250 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
15,250 SF
Year Built
2000
Spaces For Lease
at 5225 Pearl Dr Contact us5225 Pearl Drive Suite A2 $14.25/SF/Yr
Size
2,250 SF
Type
Strip Center
Term
36+ months
5225 Pearl Dr Suite B $14.25/SF/Yr
Size
1,900 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
SVN | The Martin Group
Listed By:
Chris Stuard · License #KY #209677
(812) 589-3368
Source:
Svn
Added: Mar 27
Changed: Oct 10
Last Checked: Oct 9 at 6:13PM
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
Investment Insights
Based on property information with market context.
Suite B at 5225 Pearl Dr. is a 1,900 SF retail space available for lease in a multi-tenant shopping center. Constructed in 2000, the 15,250 SF center is anchored by tenants including Azzip Pizza, OneMain Financial, and State Farm. The property is located on Evansville’s west side, directly in front of Walmart Supercenter and The Home Depot, benefiting from over 33,000 ADT. It is positioned within Evansville’s premier westside retail hub, near Lowe’s, Aldi, Kohl’s, and various dining options. The center is also located minutes from the University of Southern Indiana, serving a residential population of nearly 28,000 people within three miles. This suite offers an opportunity for retail, service, or professional office users seeking visibility and convenience in a high-demand trade corridor.
Key Highlights
- High‑traffic location directly in front of Walmart Supercenter and The Home Depot, with 33,000+ ADT.
- Anchored by long‑term tenants Azzip Pizza, OneMain Financial, and State Farm, providing strong consumer draw.
- Located in Evansville’s premier westside retail hub near Lowe’s, Aldi, Kohl’s, and numerous dining options.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Explore this area
Business Placement
Demographics for 47712, IN
24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Evansville, IN
$11.91 /SF/Yr
Avg Asking Price
$7–$26.49 /SF/Yr
Price Range
17,796 SF
Avg Space Size
This space is priced 20% above the average of $11.91 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - 1,900 SF retail space in Evansville's thriving west side.
Where is this retail space located?
The property is located at 5225 Pearl Dr Evansville, IN.
What is the lease rate?
The lease rate is $14.25 SF/Yr.
What are key features of this property?
This property features: High‑traffic location directly in front of Walmart Supercenter and The Home Depot, with 33,000+ ADT.; Anchored by long‑term tenants Azzip Pizza, OneMain Financial, and State Farm, providing strong consumer draw.; Located in Evansville’s premier westside retail hub near Lowe’s, Aldi, Kohl’s, and numerous dining options.
