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7951 Calumet Ave 2,098 SF of Retail Space Available in Munster, IN 46321
HIGHLIGHTS
- Excellent opportunity to lease endcap space with co-tenants featuring Target, Staples, Dollar Tree, Great Clips, Sally Beauty Supply, and Athletico
- Located less than 2-blocks from Interstate 94 (I-94) providing local customers and commuters convenient access to the property
- High visibility location in Target anchored center Tenant signage facing Calumet Avenue provides visibility and exposure to approximately 32,000 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7959 | 2,098 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 7959
Excellent opportunity to lease endcap space at The Calumet Shopping Center in Calumet, Indiana. Shadow-Anchored by Target, the highly visible center is well located along Calumet Avenue with average daily traffic counts of 32,000 VPD. The 2,098 SF space, formerly occupied by GameStop, is located on the end of the center and is next door to Target. The center is located less than 2-blocks from Interstate 94 (I-94) providing local customers and commuters convenient access to the property. The center has a strong mix of co-tenants including Target, Staples, Dollar Tree, Great Clips, Sally Beauty Supply, Athletico, and Eva Nail's & Eyelashes. National retailers in close proximity include Walmart, ALDI, Starbucks, Chipotle, Panera, Wendy’s, Taco Bell, among many others.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
SELECT TENANTS AT 7951 CALUMET AVE, MUNSTER, IN 46321
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AthletiCo Physical Therapy
- Health Care
- 796
- National
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- GameStop
- Game Store
- 2,957
- International
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Sally Beauty
- Health & Beauty Aids
- 2,956
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AthletiCo Physical Therapy | Health Care | 796 | National |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| GameStop | Game Store | 2,957 | International |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Sally Beauty | Health & Beauty Aids | 2,956 | International |
PROPERTY FACTS
| Total Space Available | 2,098 SF | Gross Leasable Area | 173,000 SF |
| Property Type | Retail | Year Built/Renovated | 1964/1996 |
| Property Subtype | Storefront | Parking Ratio | 4.68/1,000 SF |
| Total Space Available | 2,098 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 173,000 SF |
| Year Built/Renovated | 1964/1996 |
| Parking Ratio | 4.68/1,000 SF |
ABOUT THE PROPERTY
The Calumet Shopping Center is located on Calumet Avenue two (2) blocks south of Interstate 94 in Munster, Indiana. Munster, a suburb in Northwest Indiana, and is approximately 28 miles south of Chicago. The property sits on a 13.11-acre parcel that maintains exposure to over 32,000 vehicles per day. Located just two (2) blocks off of the interstate, the property finds itself amongst many national retailers to the south and west while Franciscan Hospital sits directly to the north. The property maintains convenient access to Interstate 94 (2 blocks north), Ridge Road (5 blocks south) and Indianapolis Boulevard (2 miles east), thus providing commuters convenient access to Chicago and other surrounding communities.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
CONTACTS
-
Matt Tarshis -
Zack Pearlstein -
Andrew Rubin -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
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7951 Calumet Ave
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