5124 Pne Is DrMerrillville, IN 46307

For Lease
$13/SF/YR

High-traffic retail space, Route 30.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 2,308 square-foot retail space is ideally situated in Pine Island Plaza, conveniently located at the intersection of Pine Island Drive and Route 30, a high-traffic area boasting over 42,000 cars daily. The property is a single-tenant space currently configured as a gym, featuring two bathrooms, an office, and a utility room. The space offers both front and back access for convenient loading and unloading. A prominent monument sign with a message board provides excellent advertising opportunities for tenants. The monthly rent of $3,173.17 is a net-net rate of $13.00 per square foot and includes common area maintenance (CAM), taxes, and insurance. The lease term is flexible, ranging from 3 to 5 years. This location benefits from its proximity to Crown Point and Schererville, ensuring high visibility and accessibility. For businesses seeking expansion, there's an opportunity to combine this unit with adjacent units E, G, and K, resulting in a total of 5,388 square feet of retail space. The presence of a Family Dollar as an anchor tenant further enhances the location's appeal and draws significant foot traffic. This property presents a fantastic opportunity for a variety of retail businesses seeking a prime location with high visibility and convenient access.

Highlights

  • 2,308 sq. ft. single-tenant retail space in Pine Island Plaza.
  • Located at a signalized intersection of Pine Island Drive and Route 30, with over 42,000 cars daily.
  • $13.00/sq. ft. NNN, with a monthly rent of $3,173.17 (includes CAM, taxes, and insurance).
  • 3-5 year lease term available.
  • Currently configured as a gym with two bathrooms, an office, and a utility room; adjacent units available for expansion (totaling 5,388 sq. ft.).
  • Features front and rear access and a monument sign with a message board.

Unit(s) available at that property

Space
Size
2,308 SF
Rate per SF
$13

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.473197574917
Longitude
-87.39638555197
5124 Pne Is Dr, Merrillville, Indiana

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5124 Pne Is Dr
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