Evansville Warehouse and Office
For Lease
$6.85 SF/Yr NNN
5950 E Morgan Ave, Evansville, IN 47715
Warehouse and office space available for lease in Evansville, Indiana.
Space SizeContact for details
Lot Size0.79 Acres
Days on Market1053
Property Features for 5950 E Morgan Ave
General Information
Standard status
Active
Lot size
0.79 Acres
Property subtype
Industrial
Zoning
M-1
Lease Type
NNN
Amenities
Water
Sewer
Building Details
Year Built
1986
Spaces For Lease
at 5950 E Morgan Ave
Available Space
$6.85/Mo
Listing Agency:
Hahn Kiefer Real Estate Services
Listed By:
Joseph Kiefer
(812) 604-5973
Source:
Kcrea.resimplifi
Added: Nov 13, 2023
Changed: Sep 6
Last Checked: Oct 1 at 8:08AM
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.
This commercial property offers a combination of warehouse and office space available for lease at $6.85 per square foot per year, NNN. The property includes 5,000 square feet, with the warehouse component comprising 3,320 square feet and the office area covering 1,680 square feet. Situated on a 0.79-acre lot, the property is zoned M-2. The warehouse features a ceiling height of 19 feet 8 inches at the eave and is equipped with two drive-in doors, one measuring 12 feet by 16 feet and another 16 feet by 16 feet. The electrical system supports 480V Delta 3 Phase. The annual taxes for the property are $3,107.20.
Key Highlights
- 5000 SF total space (3320 SF Warehouse, 1680 SF Office)
- M‑2 Zoning
- 19' 8" Ceiling Height at eave
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Evansville, IN
$10.99 /SF/Yr
Avg Asking Price
$6.85–$20.12 /SF/Yr
Price Range
50,469 SF
Avg Space Size
This space is priced 38% below the average of $10.99 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and office space available for lease in Evansville, Indiana.
Where is this warehouse located?
The property is located at 5950 E Morgan Ave Evansville, IN.
What is the lease rate?
The lease rate is $6.85 SF/Yr.
What are key features of this property?
This property features: 5000 SF total space (3320 SF Warehouse, 1680 SF Office); M‑2 Zoning; 19' 8" Ceiling Height at eave
