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8250 Calumet Ave
3,490 SF of Retail Space Available in Munster, IN 46321
Highlights
- Former Restaurant with 3,490 SF
- Excellent exposure on Calumet Avenue
- Indoor dining area and large kitchen
- Freestanding building with ample parking
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 3,490 SF | Negotiable | £18.80 /SF/PA £1.57 /SF/MO £202.35 /m²/PA £16.86 /m²/MO £65,609 /PA £5,467 /MO | Triple Net |
1st Floor
Former Restaurant with 3,490 SF Indoor dining area and large kitchen Excellent exposure on Calumet Avenue Freestanding building with ample parking Pylon Signage off Calumet Avenue
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Kitchen
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.
PROPERTY FACTS FOR 8250 Calumet Ave , Munster, IN 46321
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Restaurant | Parking Ratio | 9.17/1,000 SF |
| Gross Internal Area | 3,490 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 3,490 SF |
| Year Built | 1968 |
| Parking Ratio | 9.17/1,000 SF |
About the Property
This prime restaurant location is conveniently situated just 0.5 miles from the 80/94 exit, ensuring easy access for both local and out-of-town customers. Positioned a mere 0.1 miles from the bustling intersection of Ridge Road and Calumet Avenue, it benefits from high visibility. The property is strategically located one mile from Munster High School and 0.3 miles from Munster Town Hall, making it a central spot for community gatherings and local events. Surrounded by a vibrant restaurant-focused area, this location is ideal for attracting diners from nearby establishments. It is also less than a mile and a half from five hotels, providing a steady stream of potential customers from visiting guests. Additionally, the property is just two miles from the Franciscan Medical Center, offering opportunities to cater to healthcare professionals and visitors. With such a strategic location, this restaurant space is perfectly positioned to become a local favorite and a thriving business in the community.
- Pylon Sign
- Signage
Nearby Major Retailers
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8250 Calumet Ave
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