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2203 45th Street, Highland, IN 46322

Built-out office/retail space with dedicated parking and high traffic.

Space SizeContact for details
Days on Market203

Property Features for 2203 45th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Chris Deutscher · License #RB14037100
Source: Cbre
Added: Mar 25 Changed: Oct 11 Last Checked: Oct 12 at 6:40PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This commercial space offers a suitable location for either professional office or retail use. The property is already built-out and provides approximately 2,600 square feet of space. The existing layout includes a reception area, seven offices, a large center room, a break area, and bathrooms. The property includes 13 dedicated parking spots. The location benefits from high traffic volume, with over 20,000 vehicles per day on 45th Street.

Key Highlights

  • High‑traffic location: Over 20,000 vehicles per day on 45th Street.
  • Dedicated parking: 13 parking spots.
  • Built‑out space: Approximately 2,600 SF already configured.

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 46322, IN

23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office units - Built-out office/retail space with dedicated parking and high traffic.
Where is this office units located?
The property is located at 2203 45th Street Highland, IN.
What are key features of this property?
This property features: High‑traffic location: Over 20,000 vehicles per day on 45th Street.; Dedicated parking: 13 parking spots.; Built‑out space: Approximately 2,600 SF already configured.
More about this property
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