400-632 East Diamond Avenue

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400-632 East Diamond Avenue

Evansville, IN 47711
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront asset encompassing 142,629 square feet of floor space.
  • Property currently available for acquisition in Evansville, Indiana.
  • Versatile layout suitable for large-scale retail operations or anchor tenants.
  • Located within a significant commercial corridor in the local market.
  • Strategic regional position supporting diverse business and investment goals.

What's Special

This retail storefront property is available for sale, providing a substantial 142,629 square feet of space suitable for investors or large-scale retail operators looking to establish a presence in Evansville, Indiana. The site is positioned to serve the local population in a key submarket of the metro area, benefiting from the regional economic stability that characterizes this part of the state. Its expansive footprint allows for versatile configurations, potentially accommodating a single large anchor tenant or a diverse array of businesses seeking prominent visibility and accessibility. Evansville continues to serve as a vital commercial hub for the surrounding region, supported by established infrastructure and a consistent workforce. Prospective buyers can leverage this asset for retail operations or repurposing strategies that align with current market demands. The scale of the property presents significant operational flexibility, ensuring that users can optimize the floor plan to meet specific business requirements while anchoring themselves within an active Indiana commercial corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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