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HIGHLIGHTS
- Free-standing build to suit in Schererville, Indiana.
- Located next to Basecamp Fitness and Starbucks (Coming Soon).
- Ample parking, signage and high visibility to over 28,000 vehicles per day.
- Drive-Thru available.
- Located on US Highway 41 in Schererville, IN.
- Lot also available for sale or Ground Lease.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | $51.65 CAD/SF/YR $4.30 CAD/SF/MO $103,298 CAD/YR $8,608 CAD/MO | Triple Net (NNN) |
1st Floor
Free-Standing Build to suit available in Schererville, IN with Drive-Thru. The subject property is located directly on US Highway 41, immediately south of US 30 ("Crossroads of America). It is located next to the Basecamp Fitness and Starbucks (Coming Soon) anchored building to the south. The property offers maximum exposure and visibility to over 28,000 vehicles per day. The property is strategically located along US 41 in Northwest, IN largest retail trade areas. The subject property is also available for sale or Ground Lease
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drive Thru
- Free-standing build to suit.
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 | 2,000 SF | Year Built | 2027 |
| Property Type | Retail | Parking Ratio | 10/1,000 SF |
| Property Subtype | Freestanding | Construction Status | Proposed |
| Gross Leasable Area | 2,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,000 SF |
| Year Built | 2027 |
| Parking Ratio | 10/1,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
The subject property is located on Indianapolis Boulevard (US Highway 41) just south of US 30 in Schererville, IN Schererville is a town in St. John Township, Lake County, Indiana. It is part of the Chicago MSA. Long before Indiana became a state, long before the founding of Schererville, people called this place the "Crossroads." Many residents of Schererville commute to work in downtown Chicago due to the city's proximity. Schererville is home to one of Northwest Indiana's premiere retail trade areas.
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
Presented by
Shops on 41 Outlot | 1902-1908 US 41 Hwy
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