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The Pavilions of Hobart Shopping Center
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For Lease
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1403 South Lake Park Avenue, Hobart, IN 46342

Flexible commercial suites support retail, medical, and professional office operations with convenient access and on-site parking.

Space Size1,121 SF - 6,300 SF
Property Size95,301 SF
Days on Market5

Property Features for 1403 South Lake Park Avenue

General Information

Standard status Active
Size 1,121 SF - 6,300 SF
Total Parking Spaces 440
Property subtype Retail, Office

Building Details

Building Size 95,301 SF
Tenancy Multiple

Spaces For Lease

at 1403 South Lake Park Avenue Contact us

1413 A

Size
1,440 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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1433

Size
1,280 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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1449

Size
1,121 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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1413 B

Size
1,440 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
Contact us

1437

Size
2,100 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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1451

Size
1,500 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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1461

Size
2,240 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
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160-168

Size
6,300 SF
Type
Retail, Office
Estimated NNN $6.00/SF.
Contact us
Listing Agency: COMMERCIAL IN-SITES
Listed By: Kathie Wittmer · License #RB14032878
Source: Crexi
Added: Jul 31 Changed: Aug 4 Last Checked: Aug 4 at 8:21AM

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

Investment Insights

Based on property information with market context.

The Pavilions of Hobart is a contemporary commercial center offering flexible space for retail, medical, and professional office users. Available suites range from 1,121 SF to 6,300 SF, accommodating a variety of business footprints within an established property. The center includes ample parking and prominent street exposure, supporting convenient visits for customers, patients, and staff.

The property is located directly across from Community Hospital Outpatient Center St. Mary Medical. Existing occupants include Dunkin', Schoop's Hamburgers, Rosati's Pizza, Rice Garden, Chicago Health Club, and ATI Physical Therapy, creating a diverse tenant mix within the center. Lease expenses are structured on an NNN basis, with estimated NNN expenses of $6.00/SF.

Key Highlights

  • Suite sizes from 1,121 SF to 6,300 SF
  • Flexible space for retail, medical, and professional office uses
  • Directly across from Community Hospital Outpatient Center St. Mary Medical

Property Analytics

Current Use

Subway Take-out & Catering Litehouse Whole Food ... Restaurant Dos Amigos Mexican ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Dental Office Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46342, IN

32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Flexible commercial suites support retail, medical, and professional office operations with convenient access and on-site parking.
Where is this shopping center located?
The property is located at 1403 South Lake Park Avenue Hobart, IN.
What are key features of this property?
This property features: Suite sizes from 1,121 SF to 6,300 SF; Flexible space for retail, medical, and professional office uses; Directly across from Community Hospital Outpatient Center St. Mary Medical
More about this property
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