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Industrial Build-to-Suit Opportunity
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5505 Foundation Dr, Evansville, IN 47725

Premier industrial park location, customizable warehouse space available for lease.

Space SizeContact for details
Lot Size9.08 Acres
Days on Market1274

Property Features for 5505 Foundation Dr

General Information

Standard status Active
Lot size 9.08 Acres
Property subtype Industrial

Building Details

Tenancy Single
Listing Agency: Woodward Commercial Realty Inc
Listed By: Greg Folz · License #IN RB14046879
Source: Crexi
Added: Mar 7, 2023 Changed: Aug 23 Last Checked: Aug 29 at 6:07PM

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 Woodward Commercial Realty Inc

Investment Insights

Based on property information with market context.

This build-to-suit opportunity is situated in Evansville's Vanderburgh Industrial Park, near the intersection of I-69 and I-64. The 9.084-acre lot fronts US-57 and is visible from I-69. A warehouse ranging from 100,000 to 206,221 square feet can be constructed on the site. The location is suitable for manufacturing, warehousing, and distribution purposes. The proposed building can be customized to tenant specifications. Building specifications include pre-engineered steel construction with an optional masonry band or concrete tilt construction. A 1,000 square foot office area is planned. The warehouse will feature 32-foot ceilings and 50' x 50' column spacing, along with 7" unreinforced concrete flooring. Plans include 30 employee parking spaces, approximately 5 docks with dock equipment, and 2 drive-in doors. An ESFR fire suppression system, T-5 lighting with motion sensors, and warehouse heating are included. Construction is estimated to take approximately 8-10 months. Quoted asking rates are based on a 15-year lease term; rates for a 10-year lease term are available upon request.

Key Highlights

  • Prime location in Evansville's premier Vanderburgh Industrial Park with high visibility from I‑69 and frontage on US‑57, near the intersection of I‑69 and I‑64.
  • Build‑to‑Suit opportunity allowing customization to tenant specifications for manufacturing, warehousing, and distribution.
  • Large warehouse space ranging from 100,000 to 206,221 SF on a 9.084‑acre lot.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

32
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47725, IN

19,220
Population
7,861
Households
2.4
Avg Household Size
40
Median Age
44%
College-Educated
98%
High-School Grad
55.1 sq mi
ZIP Area
349
Density / Sq Mi
$105,528
Median Household Income
$53,430
Median Earnings
$1,632
Median Rent
$270,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Premier industrial park location, customizable warehouse space available for lease.
Where is this warehouse located?
The property is located at 5505 Foundation Dr Evansville, IN.
What are key features of this property?
This property features: Prime location in Evansville's premier Vanderburgh Industrial Park with high visibility from I‑69 and frontage on US‑57, near the intersection of I‑69 and I‑64.; Build‑to‑Suit opportunity allowing customization to tenant specifications for manufacturing, warehousing, and distribution.; Large warehouse space ranging from 100,000 to 206,221 SF on a 9.084‑acre lot.
(812) 708-0106 Call to check price and availability
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