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3150 45th Avenue, Highland, IN

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DetailMap
3150 45th Avenue

Highland, IN 46322 - Indiana Submarket


Property Type:Retail Sub Type:Health Club Status:Existing , Renov 1992 Year Built:1979
Building Size:27,800 SF Land Area:2 AC (87,120 SF)
% Leased:
For Sale Price:$1,790,000 Price/SF:$64.39
Cap Rate:-
Smallest Space:13,900 SF Largest Space:27,800 SF Total Space Avail:27,800 SF Rent/SF/Yr:
$9.00
Parking:82 Surface spaces are available; Ratio of 2.95/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
13,900 SF
$9.00/SF/Yr
Vacant
Negotiable
Retail
 2nd
13,900 SF
$9.00/SF/Yr
Vacant
Negotiable
Retail
 
10836748
10836766
Marketing Flyer Marketing Flyer  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
13,900 SF
$9.00/SF/Yr
Vacant
Negotiable
Retail
2nd
13,900 SF
$9.00/SF/Yr
Vacant
Negotiable
Retail
The property is located on busy 45th Avenue with excellent visibility less than 1/2 mile west of Cline Avenue and 3/4 mile from Kennedy Avenue. Many big box retailers have located to Highland within the past 10 years, making Highland the 2nd largest retail trade area in Lake County.

This is an incredible opportunity to invest in a strong market. This property is anchored by Gator's fitness club which has a new 10 year lease that is personally guaranteed by a financially strong individual. The other tenants all paid for their own build-out, so they have vested interest in the property for the long term. The majority of the tenants have been in the property since the opening and it is a very harmonious mix with little if any competition between occupants.


Latitude Commercial
Aaron M McDermott
(219) 864-0200 x110

Brett McDermott
(219) 864-0200 x111

Myles Rapchak
(219) 864-0200


Latitude Commercial
Aaron M McDermott
(219) 864-0200 x110

Brett McDermott
(219) 864-0200 x111

Myles Rapchak
(219) 864-0200



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