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Turnkey Office Space Available
For Lease
$18 SF/Yr

131 Ridge Rd., Munster, IN 46321

Well-maintained office building with flexible layouts and visible signage.

Space Size500 SF
Property Size7,920 SF
Days on Market142

Property Features for 131 Ridge Rd.

General Information

Standard status Active
Size 500 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 7,920 SF
Year Built 1985

Spaces For Lease

at 131 Ridge Rd. Contact us

131 Ridge Rd Basement $18/SF/Yr

Size
500 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency: Latitude Commercial
Listed By: Antony Miocic · License #IN #RB16000975
Source: Latitudeco
Added: Apr 8 Changed: Aug 23 Last Checked: Aug 26 at 6:30AM

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 property offers 1,150 square feet of turnkey office space for lease in a well-maintained building. The current layout includes two private offices, a reception area, a kitchenette, and a spacious bullpen. An additional 500-square-foot open-concept unit is available on the lower level. The property is situated on the northwest corner of Ridge Road and Hohman Avenue, providing access from both streets. Visible signage on Ridge Road and ample parking enhance the location's suitability for office use. The location is near the state line at the intersection of Hohman Avenue and Ridge Road.

Key Highlights

  • Excellent location at the intersection of Hohman Ave and Ridge Rd, near the state line.
  • Visible signage directly on Ridge Road.
  • Turnkey 1,150sf office space for lease.**

Property Analytics

Current Use

AAA Dental Care Dental Office American Choice Home ... Home Health Care Service National Technical Support, ... Tech Support Center Select Asset Management ... Financial Advisor Ridge Road Kirsch ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 46321, IN

23,894
Population
9,786
Households
2.4
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
3,144
Density / Sq Mi
$105,764
Median Household Income
$57,796
Median Earnings
$1,480
Median Rent
$312,000
Median Home Value

Market

Lease Benchmarks for Munster, IN

$14.6 /SF/Yr
Avg Asking Price
$1.57–$25 /SF/Yr
Price Range
9,256 SF
Avg Space Size

This space is priced 23% above the average of $14.6 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained office building with flexible layouts and visible signage.
Where is this office units located?
The property is located at 131 Ridge Rd. Munster, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Excellent location at the intersection of Hohman Ave and Ridge Rd, near the state line.; Visible signage directly on Ridge Road.; Turnkey 1,150sf office space for lease.**
More about this property
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