1403-1501 Lake Park AveHobart, IN 46342

For Lease
$10-$20 /SF/YR

Prime Hobart location, multiple suites available.

Overview

Added:
Dec 11, 2024
Days on market:
90
The Pavilions of Hobart, located at 1403-1501 Lake Park Ave, Hobart, IN 46342, presents a compelling retail investment opportunity. This 76,307 square foot strip center, built in 2002, sits on a 16.11-acre lot and boasts a prime location on State Road 51, directly across from St. Mary's Medical Center, employing over 2,000 individuals. The center's strategic placement offers exceptional visibility and accessibility, with traffic counts nearing 15,000 vehicles per day. Currently, there are nine suites, with 16,668 square feet of vacant space available, offering flexible options ranging from a minimum of 1,086 square feet to a maximum contiguous space of 2,880 square feet. The property features multiple pylon signs, enhancing its visibility and attracting potential customers. Its diverse tenant mix, encompassing retail and office users, creates a vibrant and thriving commercial environment. The Pavilions of Hobart offers easy access to I-65, providing convenient access to Chicago. This property represents a significant opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area of Lake County, Indiana.

Highlights

  • High-visibility retail center located on Lake Park Avenue.
  • Excellent location directly across from St. Mary's Medical Center, a major regional hospital with over 2,000 employees.
  • High-impact signage opportunities available on Lake Park Avenue.
  • Competitive rental rates.
  • Strong tenant mix including Subway, Schoop's, ATI Physical Therapy, and a St. Mary's Hospital clinic.
  • Upcoming tenants include People's Bank and Dunkin'.

Property Details for 1403-1501 Lake Park Ave

Property type
Neighborhood centers, Other retail properties
RSF (Rentable sq. ft)
76,307 SF
Year Built
2002

Unit(s) available at that property

Space
1413 S Lake Park Avenue
Size
2,880 SF
Rate per SF
$14
Space
1433 S Lake Park Avenue
Size
1,280 SF
Rate per SF
$12
Space
1439 S Lake Park Avenue
Size
2,100 SF
Rate per SF
$12
Space
1443-1445 S Lake Park Avenue
Size
2,665 SF
Rate per SF
$12
Space
192 Bracken Pkwy
Size
1,086 SF
Rate per SF
$10
Space
1455 S Lake Park Avenue
Size
1,590 SF
Rate per SF
$20
Space
1449 S Lake Park Avenue
Size
1,121 SF
Rate per SF
$12

Location Insight

City
Hobart
County
Lake
State
Indiana
Latitude
41.5140658
Longitude
-87.2583643
1403-1501 Lake Park Ave, Hobart, Indiana

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1403-1501 Lake Park Ave
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