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Industrial Building with Floor Drains
New
For Lease
$10 SF/Yr

260 Rigg Road, Valparaiso, IN 46383

Floor drains are installed within the industrial property.

Space Size11,712 SF
Days on Market2

Property Features for 260 Rigg Road

General Information

Standard status Active
Size 11,712 SF
Property subtype Industrial
Lease Term NNN

Amenities

Floor drains

Building Details

Building Size 11,712 SF

Spaces For Lease

at 260 Rigg Road
Lease $10/SF/Yr
Size 11,712 SF
Type Warehouse/Distribution
Term Negotiable
Contact us
Listing Agency: Lee & Associates | Chicago
Listed By: Thomas Condon
Source: Lee-associates
Added: Oct 1 Last Checked: Oct 1 at 2:18PM

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 Lee & Associates | Chicago

Investment Insights

Based on property information with market context.

The industrial property at 260 Rigg Road in Valparaiso, Indiana, includes floor drains.

Key Highlights

  • Floor drains installed

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value

Market

Lease Benchmarks for Valparaiso, IN

$13.88 /SF/Yr
Avg Asking Price
$10–$17.84 /SF/Yr
Price Range
3,026 SF
Avg Space Size

This space is priced 28% below the average of $13.88 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Floor drains are installed within the industrial property.
Where is this industrial property located?
The property is located at 260 Rigg Road Valparaiso, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Floor drains installed
More about this property
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