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Retail Space in High-Traffic Area
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5225 Pearl Dr Suite B, Evansville, IN 47712

1,900 SF retail space in Evansville's thriving west side.

Space Size1,900 SF
Property Size15,400 SF
Days on Market168

Property Features for 5225 Pearl Dr Suite B

General Information

Standard status Active
Size 1,900 SF
Property subtype Retail

Building Details

Building Size 15,400 SF
Year Built 2000
Tenancy Single

Spaces For Lease

at 5225 Pearl Dr Suite B Contact us

Available Space

Size
1,900 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SVN | The Martin Group Indianapolis
Listed By: Andy Martin · License #IN RB14043658
Source: Crexi
Added: Mar 9 Changed: Aug 14 Last Checked: Aug 21 at 6:55PM

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.

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

Current Use

Curt Hamilton Injury ... Law Firm The CBD Store Specialty Food Shop Azzip Pizza Restaurant Brian Southern - State ... Insurance Agency Cool Breeze Vapor (Bike/Boat/Book/etc) Store

Suggested Use

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

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
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

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

Market

Lease Benchmarks for Evansville, IN

$8.87 /SF/Yr
Avg Asking Price
$2.21–$16 /SF/Yr
Price Range
5,859 SF
Avg Space Size

This space is priced 61% above the average of $8.87 /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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Questions? Ask Rey
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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 Suite B 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.
(812) 573-3500 Call to check price and availability
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