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South Lake Retail Center 4901-5005 E 81st Ave
1,000 - 11,300 SF of Office/Retail Space Available in Merrillville, IN 46410
HIGHLIGHTS
- Heavy daytime traffic over 53,000 vehicles per day
- Major retailers in the nearby area
- Ample parking
- Great visibility to US 30 Highway
- Great tenant mix
SPACE AVAILABILITY (5)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,400 SF | 3-10 Years | £11.93 /SF/PA £0.99 /SF/MO £16,701 /PA £1,392 /MO | Triple Net | ||
| 1st Floor | 2,200 SF | Negotiable | £11.13 /SF/PA £0.93 /SF/MO £24,495 /PA £2,041 /MO | Triple Net | ||
| 1st Floor | 1,000 SF | 3-10 Years | £13.52 /SF/PA £1.13 /SF/MO £13,520 /PA £1,127 /MO | Triple Net | ||
| 1st Floor | 5,500 SF | 3-10 Years | £9.54 /SF/PA £0.80 /SF/MO £52,489 /PA £4,374 /MO | Triple Net | ||
| 1st Floor | 1,200 SF | 3-10 Years | £12.72 /SF/PA £1.06 /SF/MO £15,270 /PA £1,272 /MO | Triple Net |
4831-4941 E 81st Ave - 1st Floor
Beautifully built out office space. Great layout with private offices, waiting area, conference room, private bathroom.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 4 - 12 People
- Conference Rooms
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- After Hours HVAC Available
- Fully built out office space
- Private offices and restroom
- Waiting area
- High visibility
5027-5165 E Lincoln Hwy - 1st Floor
Former physical therapy space. Open layout with many possibilities.
- Lease rate does not include utilities, property expenses or building services
- Fits 6 - 18 People
- Central Air and Heating
- Private Restrooms
- High Ceilings
- After Hours HVAC Available
- Open-Plan
- Open layout
- High ceilings
- Great tenant mix
5027-5165 E Lincoln Hwy - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
- Central Air and Heating
- After Hours HVAC Available
5027-5165 E Lincoln Hwy - 1st Floor
Former DMV space available. Large open reception area, with private offices, kitchenette, and 3 restrooms. Ideal for any office user and can be converted into retail. Large parking lot. Lots of windows for natural light.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Government Facility
- Mostly Open Floor Plan Layout
- Fits 14 - 44 People
- Partitioned Offices
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- High Ceilings
- Natural Light
- After Hours HVAC Available
- Open-Plan
- Natural light with lots of windows
- Open space with private offices
- 3 restrooms
5027-5165 E Lincoln Hwy - 1st Floor
Mostly open space with one private office and restroom in the back. Ideal for any retail or office user
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
- 1 Private Office
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Open-Plan
- Open plan with one private office
- Ideal for any retail or office user
- Great visibility to the road
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SOUTH LAKE RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Anytime Fitness
- Fitness
- 3,073
- International
- Dr Cindy Kirby DDS
- MD/DDS
- 1
- Local
- El Salto Restaurant
- Restaurant
- 1
- Regional
- Highland Cleaners
- Cleaners
- 2
- Regional
- Midwest Express Clinic
- Health Care
- 21
- Regional
- Nick's Liquors
- Liquor
- 2
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Anytime Fitness | Fitness | 3,073 | International |
| Dr Cindy Kirby DDS | MD/DDS | 1 | Local |
| El Salto Restaurant | Restaurant | 1 | Regional |
| Highland Cleaners | Cleaners | 2 | Regional |
| Midwest Express Clinic | Health Care | 21 | Regional |
| Nick's Liquors | Liquor | 2 | Local |
PROPERTY FACTS FOR 4901-5005 E 81ST AVE , MERRILLVILLE, IN 46410
| Total Space Available | 11,300 SF | Frontage | |
| Centre Type | Neighborhood Center | Gross Leasable Area | 59,831 SF |
| Parking | 228 Spaces | Total Land Area | 11.92 AC |
| Centre Properties | 2 | Year Built | 2004 |
| Total Space Available | 11,300 SF |
| Centre Type | Neighborhood Center |
| Parking | 228 Spaces |
| Centre Properties | 2 |
| Frontage | |
| Gross Leasable Area | 59,831 SF |
| Total Land Area | 11.92 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
Great visibility to US 30 Highway over 53,000 vehicles per day. Very well maintained and built retail center. Major retailers in the nearby area such as Sam’s Club, Walmart, Hobby Lobby, South Lake Mall, etc. 1,000-5,500 sq ft available and end cap location. Ideal for any retail or office user. Great tenant mix with Anytime Fitness, Midwest Express Clinic, El Salto Mexican Restaurant, and more.
- Freeway Visibility
- Pylon Sign
- Signage
Presented by
South Lake Retail Center | 4901-5005 E 81st Ave
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