Search
Warehouse Flex Suite with Office
For Lease
$15 SF/Yr

5150 E 81st Ave, Merrillville, IN 46410

900 SF warehouse/flex includes an overhead door, built-out office, and rear trailer/truck parking.

Space Size900 SF
Property Size18,456 SF
Days on Market36

Property Features for 5150 E 81st Ave

General Information

Standard status Active
Size 900 SF
Class C
Property subtype Industrial - Warehouse/Distribution

Building Details

Building Size 18,456 SF
Year Built 2007

Spaces For Lease

at 5150 E 81st Ave Contact us

J $15/SF/Yr

Size
900 SF
Type
Industrial
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Latitude Commercial
Listed By: Brett McDermott · License #RB14050416
Source: Commercialcafe
Added: Jul 27 Changed: Aug 23 Last Checked: Aug 30 at 1:27PM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This 900 SF warehouse/flex space offers a practical combination of warehouse storage and built-out office area. The unit includes an overhead door for move-in and daily operations, along with dedicated parking for customers or employees.

Located just off US 30, the property benefits from direct visibility to the highway. A monument sign (2’x8’) is positioned for pass-by exposure.

Trailer and truck parking is available at the rear of the property, supporting deliveries and service needs. Two dedicated parking spaces are included on-site.

Key Highlights

  • 900 SF warehouse/flex space just off US 30
  • Overhead door included
  • Built‑out office area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Cafe & Coffee Shop Veterinary Clinic Home Appliance 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Merrillville, IN

$12.29 /SF/Yr
Avg Asking Price
$10.08–$15 /SF/Yr
Price Range
8,359 SF
Avg Space Size

This space is priced 22% above the average of $12.29 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - 900 SF warehouse/flex includes an overhead door, built-out office, and rear trailer/truck parking.
Where is this flex space located?
The property is located at 5150 E 81st Ave Merrillville, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 900 SF warehouse/flex space just off US 30; Overhead door included; Built‑out office area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message