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101 East Lincolnway 103 Lincolnway 5,470 SF of Office/Retail Space Available in Valparaiso, IN 46383
HIGHLIGHTS
- Prominent location across from Courthouse
- Adjoining private parking
- Significant foot/auto traffic
- Historic building
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 5,470 SF | 14’ | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $129,807 CAD/YR $10,817 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 101
This 1st floor corner space offers a large customizable layout for restaurant or office. High ceilings along with 10' windows for natural light make it a unique and captivating space. Entrances on both Lincolnway and Franklin. Private lot for parking immediately behind the building. A Tenant Improvement Allowance is available for build out of the space with adjustment in lease rate.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 14’
- High ceilings and large windows
- Open space design
- Prominent location
- Significant foot and auto traffic
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 broker 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
| Total Space Available | 5,470 SF | Gross Leasable Area | 23,380 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,470 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 23,380 SF |
| Year Built | 1927 |
ABOUT THE PROPERTY
Introducing a prime commercial space for lease at 101 East Lincolnway, Valparaiso, IN. This highly desirable property offers an ideal location for businesses seeking convenience and visibility. Boasting spacious interiors with customizable layouts, this versatile space provides ample. room for retail, office, or restaurant ventures. With multiple large windows that flood the space with natural light along with the historic limestone exterior, this property presents a captivating image. The convenient private parking lot located directly behind the property and ease of access make it an attractive option for both clients and employees. A Tenant Improvement Allowance for build out is available with adjustment in lease rate. This property is located in the dynamic surroundings of downtown Valparaiso, IN, perfectly positioned for a seamless blend of work and leisure. Located just steps away from the city courthouse, adding to its appeal as a prime location. Built in 1927, this corner building would provide a prime location for a restaurant or business consistent with the aesthetic appeal of historic downtown Valparaiso. In the immediate vicinity of the property there is an array of dining options from pizza and sushi to coffee and cocktails. Noteworthy in close proximity to this property is Central Park Plaza, which hosts a vibrant calendar of events including concerts and festivals. The renowned Valparaiso University adds to the area's cultural appeal, while a variety of shopping and entertainment destinations are within easy reach. The building is currently being remodeled and updated. Don't miss this opportunity to elevate your business in a prominent, adaptable, and well-appointed commercial space.
- Signage
NEARBY MAJOR RETAILERS
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101 East Lincolnway | 103 Lincolnway
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