Technical
Financial
Distress signals
Property profile

4400 West Lloyd Expy Evansville, IN 47712

FOR LEASE
Grocery and convenience stores
Property ID
US31-0788409
62,231 SF 6.42 ac lot Built 1989
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Evansville West Center, a thriving grocery-anchored retail center, presents a prime opportunity for expansion. Located on the high-traffic West Lloyd Expressway and Rosenberger Avenue in Evansville, Indiana, this center boasts 79,809 square feet and comprises ten suites. The property benefits from a strong tenant mix, including a Schnucks, a premier Midwest grocery retailer, ensuring consistent customer traffic. This strategic location provides excellent visibility and accessibility for businesses seeking exposure to a diverse consumer base. The center serves a stable and economically diverse market encompassing Southwest Indiana, Kentucky, and Illinois, drawing shoppers from a wide regional area. Currently, one suite is available, totaling 1,400 square feet (suite #4428), ideal for a variety of retail or service businesses. The center's established success and prime location make it an exceptional investment opportunity. The existing tenant mix includes a blend of retail, service, and restaurant establishments, creating a vibrant and attractive shopping destination. This is a chance to join a successful center in a strong regional market.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 62,231 SF
Lot 6.42 ac (279,568 SF)
APN 82-05-27-018-230.001-025
UPID US31-0788409

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Big Box & Wholesale Store
  • Postal Service Courier Service
  • Atm
  • Grocery & Convenience Store Food Market

Location

4400 West Lloyd Expy Evansville, IN 47712
Evansville metro Census 3200 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.73M
Blend (final) Blend
$2.74M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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