2780 Kratzville Rd

Evansville is a city in Vanderburgh County, Indiana, United States, and its county seat.[5] With a population of 118,414 at the 2020 census, it is Indiana's third-most populous city after Indianapolis and Fort Wayne, the most populous city in Southern Indiana, and the 249th-most populous city in the United States. It is the central city of the Evansville metropolitan area, a hub of commercial, medical, and cultural activity of southwestern Indiana and the Illinois–Indiana–Kentucky tri-state area, which is home to over 911,000 people. The 38th parallel north crosses the north side of the city and is marked on Interstate 69 immediately north of its junction with Indiana 62 within the city's east side. Situated on an oxbow in the Ohio River, the city is often referred to as the "Crescent Valley" or "River City". Early French explorers named it La Belle Rivière ("The Beautiful River"). The area has been inhabited by various indigenous cultures for millennia, dating back at least 10,000 years. Angel Mounds was a permanent settlement of the Mississippian culture from AD 1000 to around AD 1400. The European-American city was founded in 1812. Evansville anchors a regional economic hub based primarily on trade, transportation, and utilities; professional and business services; education and health services; government; leisure and hospitality; and manufacturing.[6] Two NYSE-listed companies (Berry Global and OneMain Financial) are headquartered in Evansville, and three companies traded on NASDAQ (Escalade, Old National Bank, and Shoe Carnival) are also headquartered in Evansville. Evansville is home to Bally's Evansville, the state's first casino; Mesker Park Zoo and Botanic Garden, one of the state's oldest and largest zoos; and sports tourism industry. The city has several notable educational institutions. The University of Evansville is a private school on the city's east side, while the University of Southern Indiana is a larger public institution just outside the city's westside limits. The Indiana University School of Medicine also maintains a campus in Evansville.[7] Other local educational institutions include the nationally ranked Signature School, the Evansville Vanderburgh Public Library, and the Evansville Vanderburgh School Corporation.Fortis Net Lease is pleased to present this offering for two Cross Dock Truck Terminals in Evansville, Indiana on approximately 3 acres. The first Terminal, 1416 Meyer, includes 8,150 SF with 26 Dock level doors and 900 SF office space on 2.10 Acres. The second terminal, 2780 Kratzville is 5.150 SF with 16 Dock level doors and 800 SF office on .90 acres. Both buildings were completely renovated in 2024. Both sites are zoned M-2 – General Industrial. This is truly a value add play. An Investor can enjoy 2 .5 more years collecting rent from a multi billion dollar tenant while leasing up the vacancy and creating double digit annual returns. 1416 Meyer is currently leased by AAA Cooper (Subsidiary of Knight-Swift Transportation – NYSE:KNX). This is a NN Lease which expires in December 2027. There landlord is only responsible for roof, structure, parking lot, and HVAC. The tenant reimburses all real estate taxes and pays CAM and insurance expenses. AAA Cooper purchased a larger building in Evansville in 2024 and is no longer operating at this site but continues to pay rent through December of 2027. 1416 Meyer is available for immediate sublease or sale. 2780 Kratzville is currently vacant and is also available for lease or sale. The properties are individually parceled and so they can be lease or purchased separately or together. Owners will entertain all offers.