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5100 E Morgan Ave 5,617 SF of Retail Space Available in Evansville, IN 47715
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,617 SF | Negotiable | $23.40 CAD/SF/YR $1.95 CAD/SF/MO $131,443 CAD/YR $10,954 CAD/MO | Triple Net (NNN) |
1st Floor
Purpose-built for restaurant use, the building offers an established dining layout and prominent presence within a high-demand corridor, making it an outstanding opportunity for operators seeking a well located, recognizable site with proven restaurant history and strong market fundamentals.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Strong traffic counts along E. Morgan Avenue
- Proximity to Green River Road retail hub
- Easy access to Lloyd Expressway (SR 66)
- Established commercial trade area with high consum
- Ample on-site parking
- Signalized access nearby
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 5100 E Morgan Ave, Evansville, IN 47715
- Tenant
- Description
- US Locations
- Reach
- Applebee's
- Restaurant
- 1,706
- International
| Tenant | Description | US Locations | Reach |
| Applebee's | Restaurant | 1,706 | International |
Property Facts
| Total Space Available | 5,617 SF | Gross Leasable Area | 5,617 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant |
| Total Space Available | 5,617 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,617 SF |
| Year Built | 1995 |
About the Property
Located on Evansville’s highly sought-after east side retail corridor, 5100 E. Morgan Avenue offers a premier restaurant leasing opportunity within one of the city’s strongest commercial trade areas. This 5,677 SF freestanding former Applebee’s is ideally positioned along heavily traveled E. Morgan Avenue with excellent visibility and convenient access to Green River Road and the Lloyd Expressway (SR 66). Surrounded by national retailers, complementary dining establishments, medical offices, and residential neighborhoods, the property benefits from consistent daytime trafficand strong evening and weekend consumer activity.
Nearby Major Retailers
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5100 E Morgan Ave
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