1384-1530 N Green River Rd
Evansville, IN 47715
Retail Property For Sale
Property Facts
About 1384-1530 N GREEN RIVER RD , EVANSVILLE, IN 47715
Cushman & Wakefield Retail Investment Advisors present Eastland Shoppes, a value-add community center located in one of the most dominant retail corridors in Evansville, IN. Anchored by Gabe’s and Office Depot, Eastland Shops is 81.3% occupied and offers the immediate opportunity to add value by leasing the remaining 18.7% of gross leasable area (28,214 SF). The existing income in the center is reinforced with Gabe’s long-term lease, which runs through September 2027 and occupies 55,695 SF at $7.15/SF. National and regional tenants in Eastland Shoppes account for over 83% of the total revenue, and there’s significant leasing momentum at the property as six new shop tenants have opened since Q1 of 2017. Located on Green River Road, Eastland Shoppes benefits from more than 60,000 vehicles daily that pass the Green River Road/Morgan Avenue intersection. The Green River Road corridor is one of the most dominant retail destinations in Evansville. Eastland Shoppes is shadow anchored by Eastland Mall (Macy’s, Dillard’s) and is also in close proximity to national retailers Mejier and Menards. This regional trade area serves more than 180,000 residents in a 7-mile radius with an annual household income exceeding $65,000.
Property Taxes
| Parcel Number | 82-06-23-017-106.013-027 | Improvements Assessment | $2,581,900 |
| Land Assessment | $2,200,100 | Total Assessment | $4,782,000 |
Property Taxes
