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Retail Space in Eagle Plaza
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5435 Pearl Dr, Evansville, IN 47712

Retail space in a busy shopping center near Lloyd Expressway.

Space SizeContact for details
Property Size2,272 SF
Lot Size2.15 Acres
Days on Market190

Property Features for 5435 Pearl Dr

General Information

Standard status Active
Size 2,272 SF
Lot size 2.15 Acres
Property subtype RETAIL
Listing Agency: NAI Prime Commercial
Listed By: Scott Hyatt, CCIM · License #RB14016323
Source: Moodyscre
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 5 at 5:51AM

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 Prime Commercial

Investment Insights

Based on property information with market context.

Located on Pearl Drive across from AMC Theaters, Eagle Plaza is an active shopping center in Evansville’s Westside retail district. The property benefits from high visibility with frontage and signage along the Lloyd Expressway and is easily accessible from Red Bank Road and Boehne Camp Road. The location is minutes from the USI campus, which has over 12,500 students and faculty. The consumer base extends to Mt. Vernon, IN, and into Southern Illinois. Area retailers include Super Walmart, Lowe’s, Home Depot, and Schnucks Supermarket. The available retail space is 2,272 square feet. Current tenants include Palm Beach Tan, Crumbl Cookies, Osaka Japanese Hibachi & Sushi, Commonwealth Pain & Spine, Pearle Vision, Active Nutrition, and Buffalo Wild Wings.

Key Highlights

  • High visibility with frontage/signage along the Lloyd Expressway
  • Located in a thriving shopping center (Eagle Plaza) in the heart of Evansville’s Westside retail district
  • Easily accessible from Red Bank Road and Boehne Camp Road

Property Analytics

Current Use

Crumbl - Evansville Westside Bakery Dr. Jason Lewis, ... Physician Dr. Jenna Dismore, ... Physician Dr. James Jackson, ... Physician Westside Smoke Shop (Bike/Boat/Book/etc) Store

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
Balanced
Demand for This Use

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

$14.63 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
5,620 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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • University Village 4801 w lloyd expy, evansville, in 47712
  • Red Bank Commons 222 S Red Bank Rd, Evansville, IN 47712

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a busy shopping center near Lloyd Expressway.
Where is this shopping center located?
The property is located at 5435 Pearl Dr Evansville, IN.
What are key features of this property?
This property features: High visibility with frontage/signage along the Lloyd Expressway; Located in a thriving shopping center (Eagle Plaza) in the heart of Evansville’s Westside retail district; Easily accessible from Red Bank Road and Boehne Camp Road
(812) 430-4989 Call to check price and availability
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