for lease | retail village green shopping center · 2019. 1. 2. · 4901 pollack ave, evansville,...

LEASE OVERVIEW PROPERTY DESCRIPTION

2 suites currently available:

The first is 18,246 SF and formerly occupied by Wesselman's grocery. It isperfectly suited for a new operator to come in for the same use. Truck docksand signage available with plenty of parking.

The second space is the 1,316 SF end cap at the corner of the shoppingcenter facing S Green River Road. This space would be great space for asmall retailer or office space. The space has a built in counter, two entrances(one at front and one in side foyer), kitchen and break room.

Either space could be built-to-suit for the right tenant.

AVAILABLE SF: 1,316 - 18,246 SF

LEASE RATE: $5.25 - 6.95 SF/Yr(NNN)

LOT SIZE: 0 Acres

BUILDING SIZE: 26,729 SF

MARKET: Evansville

SUB MARKET: South East

CROSS STREETS: S. Green River Road

4901 Pollack Ave, Evansville, IN 47715

VILLAGE GREEN SHOPPING CENTERFOR LEASE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

CHRISTOPHER STUARD

Senior [email protected] #RB1404888

DAVID BRYANT

[email protected] #RB14015193

svnmartin.com

VILLAGE GREEN SHOPPING CENTER | 26,729 SF | EVANSVILLE, IN

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion ofthe property within and is not to be used for any other purpose. This information should not, under any circumstances,be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner(“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.

The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listedin this proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Lease Offering Brochure.If the person receiving these materials does notchoose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Lease Offering Brochure may include certainstatements and estimates by SVN with respect to the Property. These Assumptions may or may not be proven to becorrect, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Ownerdisclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from thisLease Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. Therecipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Lease Offering Brochure are advised and encouraged toconduct their own comprehensive review and analysis of the Property.

This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Ownerexpressly reserves the right, at its sole discretion, to reject any or all expressions of interest to lease the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signedReal Estate Lease Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease,a prospective lessee will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVNAdvisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should notrely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Lease Agreementshall bind the property and each prospective purchaser proceeds at its own risk.




CHRISTOPHER STUARD


DAVID BRYANT


svnmartin.com


CHRISTOPHER STUARD


DAVID BRYANT


svnmartin.com

PROPERTY OVERVIEW

2 suites currently available:

The first is 18,246 SF and formerly occupied by Wesselman'sgrocery. It is perfectly suited for a new operator to come in forthe same use. Truck docks and signage available with plentyof parking.

The second space is the 1,316 SF end cap at the corner of theshopping center facing S Green River Road. This space wouldbe great space for a small retailer or office space. The spacehas a built in counter, two entrances (one at front and one inside foyer), kitchen and break room.

Either space could be built-to-suit for the right tenant.

LOCATION OVERVIEW

The area is predominately high density residential providing ahigh volume of customers for this center. The property islocated across from Caze Elementary School, which has acurrent enrollment of over 550.

HIGHLIGHTS

- Great visibility at a signalized intersection

- Multiple access points - 2 on Green River Rd and 2 onPollack Ave

- High density residential - 20k population and 10k workingwithin a 5 minute drive time

- Traffic count of 21,720 AADT in front of property

- Stable low-to-moderate income demographics




CHRISTOPHER STUARD


DAVID BRYANT


svnmartin.com

Lease Rate: $5.25 - 6.95 SF/YR (NNN)

Lease Type: NNN

Total Space 1,316 - 18,246 SF

Lease Term: Neg

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS

1 Neighborhood Center $6.95 SF/YR NNN 1,274 SF Negotiable

Former pizza shop ideal andbuilding for food service use.Personal propertyincluded:Three-compartmentsink with faucetsEntryretaining wall with countertop & stoneHand sinkBathroom sink & toiletStackable wash & dryer inbathroom Mop sink withfaucets

Suite 3 Neighborhood Center $6.95 SF/YR NNN 1,316 SF Negotiable

This space is located on theend-cap corner of the centerfacing S Green River Road.This space would be greatspace for a small retailer oroffice space. The space hasa built in counter, twoentrances (one at front andone in side foyer), kitchenand break room.

4901 Pollack Neighborhood Center $5.25 SF/YR NNN 18,246 SF Negotiable

The space totals 18,246 SFand was formerly occupiedby Wesselman's grocery. It isperfectly suited for a newoperator to come in for thesame use. Truck docks andsignage available with plentyof parking.



Site Map

Retail Specialty Report4901 Pollack Ave, Evansville, Indiana, 47715

5 minutes5 minutes

4901 Pollack Ave, Evansville, Indiana, 47715 January 20, 20161 of 4

DRIVETIME: 5 MINUTES Demographic & Income Profile

Retail Specialty Report4901 Pollack Ave, Evansville, Indiana, 47715

SUMMARY CENSUS 2010 2016 2020

Population 19,648 20,116 20,525

Households 8,851 9,087 9,272

Families 5,016 5,099 5,173

Average Household Size 2.20 2.20 2.20

Owner Occupied Housing Units 4,943 4,953 5,046

Renter Occupied Housing Units 3,908 4,134 4,226

Median Age 37.2 37.7 38.4

TRENDS: 2015 - 2020 ANNUAL RATE AREA STATE NATIONAL

Population 0.40% 0.52% 0.75%

Households 0.40% 0.53% 0.77%

Families 0.29% 0.46% 0.69%

Owner HHs 0.37% 0.54% 0.70%

Median Household Income 2.46% 2.91% 2.66%

2016 2020

HOUSEHOLDS BY INCOME NUMBER PERCENT NUMBER PERCENT

<$15,000 1,963 21.6% 1,920 20.7%

$15,000 - $24,999 1,379 15.2% 1,088 11.7%

$25,000 - $34,999 1,155 12.7% 1,044 11.3%

$35,000 - $49,999 1,514 16.7% 1,445 15.6%

$50,000 - $74,999 1,454 16.0% 1,691 18.2%

$75,000 - $99,999 936 10.3% 1,245 13.4%


2016 2020

HOUSEHOLDS BY INCOME NUMBER PERCENT NUMBER PERCENT

$100,000 - $149,999 548 6.0% 673 7.3%

$150,000 - $199,999 68 0.7% 86 0.9%

$200,000+ 68 0.7% 79 0.9%

Median Household Income $35,312 $39,877

Average Household Income $45,353 $51,309

Per Capita Income $20,434 $23,112

CENSUS 2010 2016 2020

POPULATION BY AGE NUMBER PERCENT NUMBER PERCENT NUMBER PERCENT

0 - 4 1,436 7.3% 1,388 6.9% 1,431 7.0%

5 - 9 1,268 6.5% 1,320 6.6% 1,296 6.3%

10 - 14 1,130 5.8% 1,199 6.0% 1,265 6.2%

15 - 19 1,133 5.8% 1,097 5.5% 1,159 5.6%

20 - 24 1,543 7.9% 1,317 6.5% 1,265 6.2%

25 - 34 2,832 14.4% 3,072 15.3% 2,921 14.2%

35 - 44 2,161 11.0% 2,314 11.5% 2,556 12.5%

45 - 54 2,760 14.0% 2,373 11.8% 2,175 10.6%

55 - 64 2,397 12.2% 2,683 13.3% 2,640 12.9%

65 - 74 1,439 7.3% 1,814 9.0% 2,176 10.6%

75 - 84 1,060 5.4% 1,019 5.1% 1,126 5.5%

85+ 489 2.5% 523 2.6% 515 2.5%

CENSUS 2010 2016 2020

RACE AND ETHNICITY NUMBER PERCENT NUMBER PERCENT NUMBER PERCENT

White Alone 15,725 80.0% 15,777 78.4% 15,714 76.6%

Black Alone 2,732 13.9% 2,908 14.5% 3,076 15.0%

American Indian Alone 47 0.2% 50 0.2% 54 0.3%


CENSUS 2010 2016 2020

RACE AND ETHNICITY NUMBER PERCENT NUMBER PERCENT NUMBER PERCENT

Asian Alone 144 0.7% 174 0.9% 210 1.0%

Pacific Islander Alone 2 0.0% 4 0.0% 6 0.0%

Some Other Race Alone 343 1.7% 413 2.1% 493 2.4%

Two or More Races 654 3.3% 790 3.9% 972 4.7%

Hispanic Origin (Any Race) 619 3.2% 767 3.8% 944 4.6%

Source: demographic data provided by esri & business data provided by Infogroup, Inc. All rights reserved.


for lease | retail village green shopping center · 2019. 1. 2. · 4901 pollack ave, evansville,...

Documents