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Staples 2106 Morthland Dr 2,500 - 7,252 SF of Retail Space Available in Valparaiso, IN 46383
HIGHLIGHTS
- Retail space available for lease in Valparaiso, IN
- Located directly on highly traveled US 30 (Morthland Drive)
- Within view of many national retailers
- Opportunity to locate in one of Northwest, IN strongest retail areas
- Anchored by Staples
- Located just of IN 49 near Valparaiso University
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500-7,252 SF | Negotiable | $24.90 CAD/SF/YR $2.08 CAD/SF/MO $180,582 CAD/YR $15,049 CAD/MO | Triple Net (NNN) |
1st Floor
Retail space, anchored by Staples available for lease in Valparaiso, IN. 2,500 SF - 7,252 SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Fully built out standard retail space
- Within view of many national retailers
- Located in strong retail area
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 7,252 SF | Gross Leasable Area | 24,116 SF |
| Min. Divisible | 2,500 SF | Year Built | 1998 |
| Property Type | Retail | Parking Ratio | 4.31/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 7,252 SF |
| Min. Divisible | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 24,116 SF |
| Year Built | 1998 |
| Parking Ratio | 4.31/1,000 SF |
ABOUT THE PROPERTY
Retail space now available for lease on US 30 (Morthland Drive) in Valparaiso, IN. The subject property is located directly on highly traveled US 30 and is anchored by Staples. 7,252 SF available with the ability to demise to 2,500 SF. Great opportunity to locate in a strong retail trade area within view of national tenants including Dollar Tree, Planet Fitness, Walmart Supercenter, Tractor Supply and more. The property is located just west of IN 49. The building is located on US 30 (Morthland Dr.) in Valparaiso, Indiana. Valparaiso is a city and the county seat of Porter County, IN. The population was 31,730 at the 2010 census. The city is situated at the junctions of U.S. Route 30, State Road 2, and State Road 49. The city is the site of multiple colleges and universities. Purdue University Northwest has a satellite campus in Valparaiso, and one of Ivy Tech's 23 regional campuses is located in the city. Valparaiso is also home to namesake Valparaiso University, occupying 310 acres on the south side of the city near downtown.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Staples | 2106 Morthland Dr
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