100% Occupied Two Tenant Retail Investment
Retail | 7.72% CAP | 6,312 SqFt
Marketing description
SVN | The Martin Group is pleased to offer the exclusive opportunity to acquire Ella Plaza located at 303 N Green River Rd, a two-tenant neighborhood retail center located on a hard corner along Green River Rd (32,443 ADT) in the heart of Evansville, IN. The property is 100% leased to established national tenants with a long operating history at the center, providing a stable income stream and minimal landlord responsibilities under NNN leases. T-Mobile occupies 2,791 SF and Parlor Doughnuts occupies 3,521 SF.
Located in the East Side submarket of the Evansville MSA along N Green River Rd, the center benefits from signalized access to the Lloyd Expressway and strong drive-by visibility. The trade area supports robust daytime demand with nearby employers, retail and services including Deaconess medical campuses, Eastland mall retail nodes, banks, grocery and national quick-service restaurants.
Investment highlights
- 100% Leased - Two (2) Tenant Retail Center
- Exceptional Access: Immediate proximity to Lloyd Expressway for regional connectivity
- Strong Local Demand Drivers: Near medical centers, retail nodes and regional mall
- Tenants Include: T-Mobile and Parlor Doughnuts
- A national top-tier carrier with strong creditworthiness
- Strong customer traffic
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