Endcap Retail/Flex
13861 Alexander Street D Cedar Lake, IN 46303
13861 Alexander Street D, Cedar Lake, IN, 46303
Contact for pricing
For Sale
Contact for pricing
Modern four-unit building endcap suite with drive-up windows on two sides for strong resident visibility.
Property Size2,500 SF
Price / SF$159.60
Days on Market110
Property Features for 13861 Alexander Street D
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Mixed Use, Retail, Industrial, Office, Hospitality, Business for Sale
Building Details
- Year Built
- 2025
Listing agency
McColly Real Estate Cedar Lake
(219) 775-1799
Listed by
Shelly Faber · License #IN RB14044470
Source
Crexi
Added: Apr 3 Updated: Jul 21 at 6:55AM Checked: Jul 21 at 6:55AM
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
Investment Insights
Based on property information with market context.
This offering includes a commercial space within a modern four-unit building, featuring drive-up windows on two end-cap sides. The configuration is designed to bring customer interaction to the front of the unit and support retail or flex-style operations.
The property is located in Railside Business Park in northwest Indiana, with proximity noted to local schools and Route 41, supporting walk-up and drive-by convenience.
In addition to the suite, the development also includes six B3-zoned commercial lots, providing options for a range of community-focused uses. The provided information lists potential uses such as business and professional offices, retail establishments, medical and dental facilities, restaurants and hotels, recreation centers, vocational and trade schools, senior centers or care facilities, and breweries or community centers.
The property is located in Railside Business Park in northwest Indiana, with proximity noted to local schools and Route 41, supporting walk-up and drive-by convenience.
In addition to the suite, the development also includes six B3-zoned commercial lots, providing options for a range of community-focused uses. The provided information lists potential uses such as business and professional offices, retail establishments, medical and dental facilities, restaurants and hotels, recreation centers, vocational and trade schools, senior centers or care facilities, and breweries or community centers.
Key Highlights
- Year built 2025: modern four‑unit building at Railside Business Park
- 2,500 sq ft commercial endcap suite available for purchase or lease
- Drive‑up windows on two end‑cap sides designed for strong resident visibility
Local Financial Insights For Retail
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 | $36.0k | $14.40 |
| − Vacancy | −$1.6k | −$0.63 |
| EGI | $34.4k | $13.77 |
| − OpEx | −$10.3k | −$4.13 |
| NOI | $24.1k | $9.64 |
2,500 SF · lease $14.40/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$344.2K
$301.1K – $401.5K
NOI $24,091 @ 7.0% cap · market cap 6.04%
Second Best
Industrial
$207.2K
$181.3K – $241.7K
NOI $14,504 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$697.9K
$610.7K – $814.2K
NOI $48,853 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Modern four-unit building endcap suite with drive-up windows on two sides for strong resident visibility.
Where is this retail space located?
The property is located at 13861 Alexander Street D Cedar Lake, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 2025: modern four‑unit building at Railside Business Park; 2,500 sq ft commercial endcap suite available for purchase or lease; Drive‑up windows on two end‑cap sides designed for strong resident visibility
