5110-5112 East 81st Avenue

5112 E 81st Ave, Merrillville, Indiana 46410

  • Property Subtypes Free-Standing Building , Street Retail , Mixed Use , Other
  • Gross Building Area 5,067 SF
  • Building Status Existing
  • Available Space 3,657 Sf
  • Min/Max Available Space 3657 Sf
  • Lease Price $8.00 - $12.00 PSF
  • Class of Space N/A
  • Total Land Size 3.18 SF
  • Cap Rate Undisclosed
  • Last Updated 7/15/2019
  • Days on Market 755 Days
  • Status active

Overview / Comments

Building offers great visibility and easy access on U.S. Highway 30 located in Hobart with a Merrillville mailing address. This office/showroom with adjoining warehouse/shop is suitable for a single tenant or can be multi-tenant. The property is zoned M-1. Ideal for office, retail and warehouse flex uses. Considerable outside yard storage available on 3+ acres. Tenant pays utilities, janitorial, trash, lawn maintenance, and snow removal. Located on the north side of U.S. Highway 30 just 3 miles east of the I-65 interchange between Clay Street and Grand Boulevard. This property is surrounded by 6 million square feet of retail to include Madalyn Plaza, Team Honda, Walmart, Sam's Club, Olive Garden and the Southlake Shopping Mall to name a few within a 6 million square foot retail trade area. 2016 INDOT traffic count 30,900/day.

Additional Details

  • Tax ID/APN 45-13-19-151-008.000-046