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Newly Built Office Suite
For Lease
$16 SF/Yr

105-4602 Murvihill Rd, Valparaiso, IN 46383

Newly constructed office suite adjoining a 21,000 sf industrial building, with parking and tenant build-outs required.

Space SizeContact for details
Property Size1,426 SF
Days on Market81

Property Features for 105-4602 Murvihill Rd

General Information

Standard status Active
Size 1,426 SF
Listing Agency: Century 21 Alliance Group
Listed By: Nicholas Sommer · License #RB14050981
Source: Exprealty
Added: May 18 Changed: Jul 10 Last Checked: Jul 31 at 1:48PM

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.

This newly constructed 1,426-square-foot office suite adjoins a newly constructed 21,000-square-foot industrial building. The space is designed for tenant build-outs, with the improvements required to suit the incoming user. As presented, the offering functions as an office component alongside an industrial facility, and it may support businesses that need both workspace and warehouse-adjacent operations.

The suite is located at 105-4602 Murvihill Rd in Valparaiso, IN. The property offers plenty of parking, which can help accommodate employees, clients, and deliveries. The office suite is also described as potentially combinable with units within the adjacent industrial building, subject to availability and arrangement.

For tenants considering administrative space paired with industrial operations, this configuration offers a practical way to secure an office area while staying adjacent to an industrial footprint. Build-outs will be required to define the final workplace layout, so prospective users should plan for onboarding and customization of the space prior to occupancy. Availability is noted as soon, and interested parties may want to confirm options for combining the office suite with industrial units in the neighboring building.

Key Highlights

  • Newly constructed 1,426 SF office space adjoining a newly constructed 21,000 SF industrial building
  • Tenant build‑outs required for the office suite
  • Plenty of parking available

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

$14.37 /SF/Yr
Avg Asking Price
$10.97–$16.9 /SF/Yr
Price Range
3,177 SF
Avg Space Size

This space is priced 11% above the average of $14.37 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Newly constructed office suite adjoining a 21,000 sf industrial building, with parking and tenant build-outs required.
Where is this flex space located?
The property is located at 105-4602 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 1,426 SF office space adjoining a newly constructed 21,000 SF industrial building; Tenant build‑outs required for the office suite; Plenty of parking available
More about this property
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