Green River Road 100% Occupied Retail Investment

301-303 N Green River Rd Evansville, IN 47715

301-303 N Green River Rd, Evansville, IN, 47715
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FOR SALE
Property Type:
Strip Center
Amount:
$1,850,000
Last Verified:
Dec 10, 2025

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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

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.

Building Size: 6312sq ft
Lot Size: 0.72 acres


Documents

303 N Green River Rd OM
301-303 N Green River Rd CA 2025.pdf

Map of 301-303 N Green River Rd, Evansville, IN, 47715

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.