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Railside Business Park Retail Space

13861 Alexander Street, Cedar Lake, IN 46303

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2,500 sqft retail space in fast-growing Cedar Lake, Indiana.

Type:Retail

Property size:

2,500 SF

Price / SF:

$218/SF

HighLights

Located in Railside Business Park, a rapidly growing community in Northwest Indiana.
2,500 sqft unit available for purchase in a multi‑unit building.
Two end‑cap units feature drive‑thru access.
High visibility with great residential exposure and traffic patterns.
Close proximity to schools and Route 41.
B3 zoning allows for a wide range of business types including retail, medical, restaurants, and more.

We can help!

Contact an agent

Shelly Faber

For Sale

Contact for pricing

2,500 sqft retail space in fast-growing Cedar Lake, Indiana.

Type:Retail

Property size:

2,500 SF

Price / SF:

$218/SF

Added:: Mar 27, 2025
Days on Market:: 458
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 13861 Alexander Street

General Information

Standard status: Active
Size: 2,500 SF
Property subtype: Retail

Building Details

Year Built: 2025

We can help!

Contact an agent

Shelly Faber

Listing office McColly Real Estate Cedar Lake

Listing date Mar 27, 2025

Source Crexi

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 McColly Real Estate Cedar Lake

HighLights

Located in Railside Business Park, a rapidly growing community in Northwest Indiana.
2,500 sqft unit available for purchase in a multi‑unit building.
Two end‑cap units feature drive‑thru access.
High visibility with great residential exposure and traffic patterns.
Close proximity to schools and Route 41.
B3 zoning allows for a wide range of business types including retail, medical, restaurants, and more.

Overview

Located in the Railside Business Park, this 2,500 sqft unit is available for purchase. The park is situated in one of the fastest-growing communities in Northwest Indiana. The unit features a drive-thru. The location offers exposure to residential areas and traffic, with proximity to schools and Route 41. The B3 zoning allows for various services, including business and professional offices, retail, medical/dental facilities, restaurants, hotels, recreation centers, vocational/trade schools, senior centers/care facilities, breweries, and community centers.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$67.5k	$27.00
− Vacancy	−$2.4k	−$0.95
EGI	$65.1k	$26.06
− OpEx	−$16.3k	−$6.51
NOI	$48.9k	$19.54

2,500 SF · lease $27.00/SF/yr · vacancy 3.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$697.9K

$610.7K – $814.2K (±1% cap)

NOI $48,853 @ 7.0% cap · market cap 8.96%

Second Best

Retail

$344.2K

$301.1K – $401.5K (±1% cap)

NOI $24,091 @ 7.0% cap · market cap 4.42%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Cedar Lake
County: Lake
State: Indiana
Longitude: -87.4619435
Latitude: 41.3853617

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For sale
Retail space
IN
Cedar Lake
46303
13861 Alexander Street

What type of property is this?

Retail space - 2,500 sqft retail space in fast-growing Cedar Lake, Indiana.

Where is this retail space located?

The property is located at 13861 Alexander Street Cedar Lake, IN.

What is the asking price?

The asking price for this property is $545,000.

What are key features of this property?

This property features: Located in Railside Business Park, a rapidly growing community in Northwest Indiana.; 2,500 sqft unit available for purchase in a multi‑unit building.; Two end‑cap units feature drive‑thru access.