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Strip Mall Across from Walmart
For Lease
$17 SF/Yr

6240 E Virginia St, Evansville, IN 47715

C-4 retail property serving Evansville’s East side near major retailers.

Space SizeContact for details
Property Size19,505 SF
Days on Market223

Property Features for 6240 E Virginia St

General Information

Standard status Active
Size 19,505 SF
Property subtype Retail
Zoning C-4

Building Details

Building Size 19,505 SF
Year Built 2006
Buildings 1
Stories 1
Listing Agency: Melmar Realty, LLC
Listed By: Melannie Hutchinson
Source: Cpix.resimplifi
Added: Jan 21 Changed: Aug 30 Last Checked: Aug 30 at 6:21PM

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 Melmar Realty, LLC

Investment Insights

Based on property information with market context.

Available for lease, this 19,505-square-foot strip mall was constructed in 2006 and carries C-4 zoning. The property is positioned as a retail-focused commercial asset within Evansville’s East side trade area.

6240 E Virginia St places the center across from Walmart and Sam’s Club, with other major retailers nearby. The surrounding area is described as having high traffic counts, supporting the property’s established retail setting.

Key Highlights

  • 19,505‑square‑foot strip mall
  • C‑4 zoning
  • Constructed in 2006

Property Analytics

Current Use

Affordable Insurance Agency ... Insurance Agency Evansville East BMV ... Department Of Motor Vehicles Poke River Restaurant BMV Connect Kiosk Department Of Motor Vehicles BenchMark Physical Therapy Medical Clinic

Suggested Use

Top Pick HVAC Service Plumbing Service Veterinary Clinic Electrical Service Garden Center Daycare Center

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby

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

Market

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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Frequently Asked Questions

What type of property is this?
Strip mall - C-4 retail property serving Evansville’s East side near major retailers.
Where is this strip mall located?
The property is located at 6240 E Virginia St Evansville, IN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 19,505‑square‑foot strip mall; C‑4 zoning; Constructed in 2006
More about this property
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