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Merrillville Office Space Available
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500 W 81 Ave, Merrillville, IN 46410

Office space available for lease in Merrillville, Indiana.

Space Size1,325 SF - 2,105 SF
Lot Size2.50 Acres
Days on Market736

Property Features for 500 W 81 Ave

General Information

Standard status Active
Size 1,325 SF - 2,105 SF
Lot size 2.50 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 500 W 81 Ave Contact us

Ross Commons $12.50/SF/Yr

Size 2,105 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Ross Commons is a well-maintained, multi-tenant professional office complex offering excellent visibility and easy access at the northwest stoplight intersection of Merrillville Road and U.S. Highway 30. There are several suite size and layout options available. Current tenants in the building include Galanos Family Dental Care, Svetanoff & Associates, Help at Home Inc., Associated Dentists of Northwest Indiana and the Law Offices of M Lambert. There is plenty of parking in both the front and back of the building and highly visible pylon signage for all tenants. Triple net expenses are estimated at $4.25/SF (CAM $2.75/SF, RE Tax $1.50/SF). Tenants are responsible for separately metered utilities and janitorial. Parking lot was recently resurfaced. Partial new roof Fall 2020. Ross Commons is conveniently located on the north side of U.S. Highway 30 just 1 block west of Broadway (S.R. 53), 1 mile west of the I-65 interchange and 2 miles east of Taft Street (S.R. 55). Near Wendy's, Meijer, Texas Corral, Starbuck's, Steak N Shake, Merrillville Post Office and many more. The building is directly across the street from Walgreens.
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Ross Commons $12.50/SF/Yr

Size 1,325 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Ross Commons is a well-maintained, multi-tenant professional office complex offering excellent visibility and easy access at the northwest stoplight intersection of Merrillville Road and U.S. Highway 30. There are several suite size and layout options available. Current tenants in the building include Galanos Family Dental Care, Svetanoff & Associates, Help at Home Inc., Associated Dentists of Northwest Indiana and the Law Offices of M Lambert. There is plenty of parking in both the front and back of the building and highly visible pylon signage for all tenants. Triple net expenses are estimated at $4.25/SF (CAM $2.75/SF, RE Tax $1.50/SF). Tenants are responsible for separately metered utilities and janitorial. Parking lot was recently resurfaced. Partial new roof Fall 2020. Ross Commons is conveniently located on the north side of U.S. Highway 30 just 1 block west of Broadway (S.R. 53), 1 mile west of the I-65 interchange and 2 miles east of Taft Street (S.R. 55). Near Wendy's, Meijer, Texas Corral, Starbuck's, Steak N Shake, Merrillville Post Office and many more. The building is directly across the street from Walgreens.
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Listing Agency: Commercial In-Sites, LLC
Listed By: Allen Bartley · License #RB14024967
Source: Moodyscre
Added: Oct 2, 2024 Changed: Oct 6 Last Checked: Oct 7 at 12:34PM

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 Commercial In-Sites, LLC

Investment Insights

Based on property information with market context.

This office space, located in Merrillville, Indiana, offers 2,105 square feet. The property is available for rent with triple net expenses estimated at $2.75 per square foot.

Key Highlights

  • Triple net expenses $2.75/SF

Property Analytics

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Open Analytics

Current Use

Dr. Alexander Williams, ... Dental Office StepUp Insurance IN Insurance Agency Sean Mullins, Attorney ... Law Firm Med Ed CNA ... Vocational School Law Offices of Michael ... Law Firm

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

1,333
Businesses Nearby

Demographics for 46410, IN

39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Merrillville, IN

$10.66 /SF/Yr
Avg Asking Price
$3.3–$20 /SF/Yr
Price Range
3,919 SF
Avg Space Size

This space is priced 17% above the average of $10.66 /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?
Office units - Office space available for lease in Merrillville, Indiana.
Where is this office units located?
The property is located at 500 W 81 Ave Merrillville, IN.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Triple net expenses $2.75/SF
(219) 795-1100 Call to check price and availability
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