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9407 Indianapolis Blvd(US Hwy 41) 9407-9411 Indianapolis Blvd 5,200 SF of Retail Space Available in Highland, IN 46322
HIGHLIGHTS
- High volume traffic, 35,000 VPD
- Recent use as used car sales
- Business district
- Stop lighted corner
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,200 SF | Negotiable | $41.61 CAD/SF/YR $3.47 CAD/SF/MO $216,384 CAD/YR $18,032 CAD/MO | Triple Net (NNN) |
1st Floor
Former used car lot on NEC of HIGH volume stop light intersection. See brochure for more details. $12,950 per month.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- High vehicle count over 35,000 VPD
- Hard Corner on US Hwy 41
- Recent used car sales operation
- Parking for 100+ vehicles
- Business district
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 | 5,200 SF | Gross Leasable Area | 5,200 SF |
| Property Type | Retail | Year Built/Renovated | 1964/1982 |
| Property Subtype | Auto Dealership | Parking Ratio | 19.23/1,000 SF |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 5,200 SF |
| Year Built/Renovated | 1964/1982 |
| Parking Ratio | 19.23/1,000 SF |
ABOUT THE PROPERTY
High Volume traffic count 35,000 VPD. Stop lighted Corner. ~1.6 Acres. Highly sought after ~1.6 acre retail site. Structures on the property include an all brick, 2200 sq. ft., accessible, two story sales office and a 3000 sq. ft. building for shop and storage. Seller estimates parking for 120 cars on this B-3 zoned corner acreage. Located at the stop light intersection of Indianapolis Blvd. and Hart Road benefiting from a daily traffic volume in excess of 36,000 vehicles. Located ~2 miles from I-80/94 on the east side of the Boulevard featuring 200 feet of U.S.Highway 41 frontage(a 4-lane primary artery)and Hart Road frontage of 288 feet. Surrounded by local and national retailers, not limited to: Soon to be completed BP and Convenience, AutoZone, McDonalds, Goodyear, O'Reilly Auto Parts, and Walgreens as well as New Car Dealers including Chevrolet, Chrysler, Ford, Honda, Hyundai, Toyota and Volkswagen. The area within a five-mile radius, has an estimated population over 216,000 residents with 83,000 households.
- Corner Lot
- Fenced Lot
- Fireplace
- Security System
- Accent Lighting
- Air Conditioning
NEARBY MAJOR RETAILERS
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9407 Indianapolis Blvd(US Hwy 41) | 9407-9411 Indianapolis Blvd
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