500-550 E. 4th St., Mt. Vernon, IN 47620

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30340293
Property Subtypes: Street Retail
Contiguous Space: 1,650 SF
Building Size (RSF): 1,650 SF
Gross Building Area: 15,425 SF
Lease Rate: $12.72 PSF (Annual)
Base Monthly Rent: $1,749
Lease Types: Net Lease
Usable Size (USF): 1,640 SF
Last Updated: 5/7/2021

Overview / Comments

Excellent location and visibility! This center is in the heart of Mount Vernon, Indiana on Fourth Street which is the primary access to most areas through the city. Existing tenants include United Fidelity Bank, Pizza Hut, World Finance, Henderson Insurance, City LA Nails, Rehabilitation Institute (Physical Therapy Practice) and a new At&t store. All top notch occupants little
vacancy remains!

Expand All Available Space

Suite: 520 E. 4th St. 1,650 SF $12.72 PSF (Annual) Net Lease
Space Available: 1,650 SF
Lease Rate: $12.72 PSF (Annual)
$1,749 (Monthly)
Lease Type: Net Lease
Date Available: 6/19/2019
Lease Term: 60 Months
Space Type: New
Rent Escalators Fixed Lease
Rent Escalators Description Every 5 years based on a 5 year lease.

Additional Details

Nearest MSA: Evansville
County: Posey
Taxing Authority: Posey County Assessor
Tax ID/APN: 65-27-08-112-010.000-018
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: Wood St. & Canal St.
Property Visibility: Excellent
Largest Nearby Street: Main St.
Highway Access: 4th St. is an extension of HWY 62
Area Description: Home to major employers: SABIC Innovative Plastics (Formerly second largest GE Plant in the nation), Bristol Myers Squib, Astrazeneca, GAF Roofing, Country Mark Co-op, BWXT Nuclear Oper Group, Inc., Ethanol Plants, Alliance Coal, Consolidated Grain & Barge, Mt. Vernon School Corporation and Westech Fence. WOW!
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1998
Year Renovated: 2016
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: Abundant Parking
Sprinklers: None
Interior Description: Open Floor Plan
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,547 7,232 7,868
Median Age: 39.04 39.67 39.92
Households: 2,332 2,949 3,191

Contact

Photograph of Listing Agent

Melannie Hutchinson

Melmar Realty, LLC ICREX Member
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