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Prime Retail Space on Burkhardt
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944 N Burkhardt Rd, Evansville, IN 47715

Highly visible retail space with high traffic and ample parking.

Space Size6,612 SF
Days on Market1052

Property Features for 944 N Burkhardt Rd

General Information

Standard status Active
Size 6,612 SF
Class A
Total Parking Spaces 38
Property subtype Retail
Lease Type NNN

Building Details

Building Size 6,612 SF
Tenancy Single

Spaces For Lease

at 944 N Burkhardt Rd Contact us

Available Space

Size
6,612 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN | The Martin Group Indianapolis
Listed By: Andy Martin · License #IN RB14043658
Source: Crexi
Added: Oct 7, 2023 Changed: Aug 15 Last Checked: Aug 22 at 1:03PM

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.

This 6,612 square foot Class A retail space is situated at the corner of Burkhardt Road and Waterford Boulevard. The property benefits from approximately 30,000 average daily traffic and provides easy access to the Lloyd Expressway to the south and Morgan Avenue to the north. The Evansville VA Clinic is located directly behind the property. Across the street are Academy Sports, Marshall's, Dollar Tree, Fresh Thyme, and Sam's Club. The property includes 38 parking spaces.

Key Highlights

  • High Visibility Location: Corner of Burkhardt Rd and Waterford Blvd.
  • High Traffic Volume: Approximately 30,000 ADT.
  • Class A Retail Space: 6,612 SF.

Property Analytics

Current Use

Cherish Jewelers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Veterinary Clinic Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Florist Locksmith

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,035
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

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 103% 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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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible retail space with high traffic and ample parking.
Where is this retail space located?
The property is located at 944 N Burkhardt Rd Evansville, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High Visibility Location: Corner of Burkhardt Rd and Waterford Blvd.; High Traffic Volume: Approximately 30,000 ADT.; Class A Retail Space: 6,612 SF.
(812) 573-3500 Call to check price and availability
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