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SPACE AVAILABILITY (1)
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| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 2,500 SF | Negotiable | $39.40 CAD/SF/YR $3.28 CAD/SF/MO $98,503 CAD/YR $8,209 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 102
SVN | The Martin Group is pleased to present for sublease this ±2,500 SF retail/fitness space is located in the Louis Pointe Shopping Center within The Promenade, one of Evansville’s premier mixed-use developments. Formerly occupied by Rumble Boxing, the space is ideal for fitness, boutique retail, wellness, or service-based businesses. Delivered AS IS with C-4 zoning, the space is ready for quick occupancy and offers excellent signage opportunities on both the building and the high-visibility Burkhardt Road monument sign. The Landlord is open to a new lease vs a sub-lease. Positioned along the heavily trafficked Burkhardt Road corridor, this site benefits from exceptional exposure and draws from an affluent and growing customer base. Nearby national and regional co-tenants include Fresh Thyme, Aldi, Costco, Marshall’s, Drake’s, Nothing Bundt Cakes, Heritage Federal Credit Union, and many others. Ample shared parking is available throughout the center. Co-tenants include Stretch Lab, Lovesac, Heritage Federal Credit Union, Nothing Bundt Cake, and Eyemart. This center is perfect for retailers, restaurants, medical users, or anyone looking to take advantage of the lifestyle being created at The Promenade. This space is located in the Louis Pointe Shopping Center in The Promenade. Located on Evansville's east side, the property is in the middle of the metro's strongest retail corridor. The property is located at the lighted corner of Burkhardt Rd and Oak Grove Rd which provides quick and easy access to all of Vanderburgh and Warrick Counties. Other retailers in the area are Fresh Thyme, Costco, Academy Sports, Wal-Mart, Sam's Club, Best Buy, Home Depot, Lowe's, Aldi, AT&T, Verizon, IHOP, Chick-Fil-A, Zaxby's, Chicken Salad Chick's, Buff City Soap, Orange Leaf, Target, Dick's Sporting Goods, Biaggi's, Moe's Southwest Grill, Staples, PetSmart, Krispy Kreme, Qdoba Mexican Grill, Crumbl Cookies, Jersey Mike's, Wasabi Hibachi Grill, Spectrum, Mister B's Pizza, and Burger King.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Exposed Ceiling
- Just under ±2,500 SF former fitness studio with op
- Excellent visibility with monument signage on Burk
- Surrounded by Fresh Thyme, Aldi, Marshall's, etc.
- Immediate Availability
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.
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 2,500 SF |
| Property Type | Retail | Year Built | 2023 |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,500 SF |
| Year Built | 2023 |
NEARBY MAJOR RETAILERS
Presented by
Former Rumble Boxing | 6432 E Florida St
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