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4500 University Blvd
Evansville, IN 47712
University Village · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Redevelopment opportunity on Evansville's desirable west side
- Infrastruction and in-line shops in place
- Strong Retail Area
EXECUTIVE SUMMARY
Rare redevelopment opportunity on Evansville’s desirable west side where supply of developmental land is limited – Over 30 acres available at University Village Shopping Center, located between Rosenberger Avenue and Red Bank Road, with frontage on West Lloyd Expressway.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
105,352 SF
Building Class
C
Year Built
1985
Price
$7,800,000
Price Per SF
$74.04
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
29.00 AC
Zoning
C-4, C-2 - Commercial
Parking
1,000 Spaces (9.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Accent Lighting
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 82-05-22-007-140.026-024 | Improvements Assessment | $1,512,600 |
| Land Assessment | $1,365,600 | Total Assessment | $2,878,200 |
PROPERTY TAXES
Parcel Number
82-05-22-007-140.026-024
Land Assessment
$1,365,600
Improvements Assessment
$1,512,600
Total Assessment
$2,878,200
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