Skip to main content

Office Warehouse

1101 N GOVERNOR ST

1101 N Governor St, Evansville, IN 47711

Listing Price: $532,800

Gross SF
29,600
Price/Gross SF
$18.00
Lot Size
1.11 acres
Year Built
1965
Rentable SF
29,600

Investment Overview

Marcus & Millichap is pleased to present the industrial facility located in suburban Evansville, TN, with a total rentable of 28,745 square feet. The property, built in 1965, features a single tenancy, steel construction, and various amenities such as loading docks, and drive-ins. The rent in the subject property is relatively lower compared to the submarket average, making it an attractive option for potential tenants.
Over the past year, there has been a notable 121.9% increase in leasing activity, with 616,878 square feet leased in the submarket, showcasing strong demand for industrial space. The submarket also experienced a 6.3% increase in rental rates per square foot.
The property presents an interesting investment opportunity in the Evansville industrial market, given its low vacancy rate, competitive rental rate, and the increasing demand for industrial space in the area.

Investment Highlights

  • Manufacturing / Warehouse
  • .83 Acre Lot / 28,745 Sq Ft
  • 3 Bays / Garage Doors

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Office Warehouse

1101 N GOVERNOR ST

Listing Price: $532,800

Gross SF
29,600
Price/Gross SF
$18.00
Lot Size
1.11 acres
Year Built
1965
Rentable SF
29,600

Investment Highlights

  • Manufacturing / Warehouse
  • .83 Acre Lot / 28,745 Sq Ft
  • 3 Bays / Garage Doors

Investment Overview

Marcus & Millichap is pleased to present the industrial facility located in suburban Evansville, TN, with a total rentable of 28,745 square feet. The property, built in 1965, features a single tenancy, steel construction, and various amenities such as loading docks, and drive-ins. The rent in the subject property is relatively lower compared to the submarket average, making it an attractive option for potential tenants. Over the past year, there has been a notable 121.9% increase in leasing activity, with 616,878 square feet leased in the submarket, showcasing strong demand for industrial space. The submarket also experienced a 6.3% increase in rental rates per square foot. The property presents an interesting investment opportunity in the Evansville industrial market, given its low vacancy rate, competitive rental rate, and the increasing demand for industrial space in the area.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower