Office-Adjacent Flex Industrial
For Lease
$16 SF/Yr
101-5-4602 Murvihill Rd, Valparaiso, IN 46383
Newly constructed office space adjoins a 21,000 SF industrial building with tenant build-outs required and plenty of parking.
Space SizeContact for details
Days on Market116
Property Features for 101-5-4602 Murvihill Rd
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,375
Listing Agency:
Century 21 Alliance Group
(219) 462-2090
Listed By:
Nicholas Sommer · License #RB14050981
(219) 405-8596
Source:
Exprealty
Added: May 15
Changed: Sep 4
Last Checked: Sep 6 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Alliance Group
Investment Insights
Based on property information with market context.
Units 101 and 105 offer newly constructed office space adjoining a newly constructed 21,000 square foot industrial building. The office suites are available with tenant build-outs required, and the minimum divisible space is 1,426 square feet. The offering may also be combined with additional units in the industrial building, depending on the tenant’s requirements.
The property is located at 101-5-4602 Murvihill Rd in Valparaiso, IN, and includes plenty of parking for tenant and customer use.
As currently configured, the space is intended to support a flex-style layout where office improvements and operational space can be coordinated within the same industrial complex.
The property is located at 101-5-4602 Murvihill Rd in Valparaiso, IN, and includes plenty of parking for tenant and customer use.
As currently configured, the space is intended to support a flex-style layout where office improvements and operational space can be coordinated within the same industrial complex.
Key Highlights
- Newly constructed 3,360 SF office space for Units 101 and 105
- Office adjoins a newly constructed 21,000 SF industrial building
- Minimum divisible space is 1,426 SF
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46383, IN
41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Market
Lease Benchmarks for Valparaiso, IN
$13.87 /SF/Yr
Avg Asking Price
$10.97–$17.84 /SF/Yr
Price Range
2,404 SF
Avg Space Size
This space is priced 15% above the average of $13.87 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed office space adjoins a 21,000 SF industrial building with tenant build-outs required and plenty of parking.
Where is this flex space located?
The property is located at 101-5-4602 Murvihill Rd Valparaiso, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Newly constructed 3,360 SF office space for Units 101 and 105; Office adjoins a newly constructed 21,000 SF industrial building; Minimum divisible space is 1,426 SF
