2425 Us-41, Evansville, IN 47711

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Building Details:

• Year Built: 1977

2425 Us-41 is located in Evansville, IN.

Great investment opportunity for a value add investor or end user. This office building has loads of potential. Currently 40 percent occupied, and there is a lot of upside for an investor to realize a higher than average CAP rate after property is stabilized. Major capital projects on the property include a new roof, new AC and furnace units, and first floor remodel. The remaining three floors just need a minor updates to raise property from a "C" property to a "B" or "B+" office. The pylon sign can also be updated to a digital sign to bring in additional revenue.

There is a ton of potential for an investor or end user. The building currently offers high visibility along U.S. 41, and is situated next to a very busy on/off ramp and lighted intersection. The property also offers ample parking, fully functioning elevator, and a common rooftop penthouse.

This property is a must see. Call or email for current rent roll, financials, and lease-up projections.