Office Unit for
425 Joliet St Dyer, IN 46311
For Sale
Contact for pricing
For sale, office unit 320 offering 2,381 USF of space with 2,548 RSF.
Property Size2,381 SF
Price / SF$220
Days on Market502
Property Features for 425 Joliet St
General Information
Standard status
Active
Size
2,381 SF
Property subtype
OFFICE
Listing Agency:
Commercial In-Sites, LLC
(219) 795-1100
Listed By:
David A Lasser
(219) 795-1100
Source:
Moodyscre
Added: Mar 15, 2025
Changed: Jul 25
Last Checked: Jul 28 at 4:20PM
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 listing presents office unit 320 for sale, totaling 2,381 USF and 2,548 RSF.
Located at 425 Joliet St in Dyer, Indiana, the unit is part of a larger office property setup.
The available information identifies the unit number and the offered area measurements, providing a straightforward basis for evaluating fit and space planning.
Located at 425 Joliet St in Dyer, Indiana, the unit is part of a larger office property setup.
The available information identifies the unit number and the offered area measurements, providing a straightforward basis for evaluating fit and space planning.
Key Highlights
- Office unit 320 available for sale
- 2,381 USF office space
- 2,548 RSF for unit 320
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.4k | $21.60 |
| − Vacancy | −$11.2k | −$4.69 |
| EGI | $40.3k | $16.91 |
| − OpEx | −$10.1k | −$4.23 |
| NOI | $30.2k | $12.68 |
2,381 SF · lease $21.60/SF/yr · vacancy 21.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$431.5K
$377.5K – $503.4K
NOI $30,202 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$664.7K
$581.6K – $775.5K
NOI $46,528 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - For sale, office unit 320 offering 2,381 USF of space with 2,548 RSF.
Where is this office units located?
The property is located at 425 Joliet St Dyer, IN.
What is the asking price?
The asking price for this property is $523,820.
What are key features of this property?
This property features: Office unit 320 available for sale; 2,381 USF office space; 2,548 RSF for unit 320
