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    1815-1955 Glen Park Ave Griffith, IN 46319

    Sponsored
    For Lease
    $18 SF/Yr

    Highly visible retail space, prime location.

    Lot size:
    40,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Invest in this exceptional retail opportunity at Griff-land Plaza, a 40,390 square foot strip center located at 1815-1955 W Glen Park Ave in Griffith, Indiana, 46319. This well-established center boasts a strong tenant mix including Midwest Express, State Farm, Heights Finance, Dennis Uniform, and Edward Jones, ensuring a vibrant and thriving commercial environment. Currently, there are two available spaces ranging from 2,000 to 2,340 contiguous square feet, with a total of 4,340 square feet of vacant space. The property sits on a 4.82-acre lot and was built in 1997, zoned B-3. Its strategic location on Glen Park Avenue (45th Street) provides excellent visibility and accessibility, just three miles east of Indianapolis Boulevard and minutes from I-80/94 and Route 41, guaranteeing high traffic counts. Prominent signage opportunities are available for tenants. Griffith, a rapidly growing town in Lake County, is part of the Chicago metropolitan area, offering a strong market for retail businesses. The property's minimum divisible space is 2,000 square feet, making it ideal for a variety of retail uses. This is a rare opportunity to secure a prominent retail presence in a thriving community.

    Property Features for 1815-1955 Glen Park Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,390 SF
    Total Rate
    60585

    Building Details

    Year Built
    1997

    Unit(s) available at that property

    Space
    Suite 1813
    Size
    2,000 SF
    Rate per SF
    $22
    Space
    Suite 1903
    Size
    2,340 SF
    Rate per SF
    $18

    HighLights

    • Highly visible retail space in Griffith, IN.
    • Last available suite.
    • End‑cap unit, previously a bar with a small kitchen.
    • Excellent tenant mix of national and local businesses.
    • Easy access to Chicago via I‑80/94.
    • Tenant improvement allowance offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.448747
    Latitude
    41.5367446

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    FAQs

    What type of property is this?
    Neighborhood center - Highly visible retail space, prime location.
    Where is this neighborhood center located?
    The property is located at 1815-1955 Glen Park Ave Griffith, IN.
    What is the lease rate?
    The lease rate is $18-$22 SF/Yr.
    What are key features of this property?
    This property features: Highly visible retail space in Griffith, IN.; Last available suite.; End-cap unit, previously a bar with a small kitchen.
    Request Owner's contact information
    1815-1955 Glen Park Ave Griffith, IN 46319
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1815-1955 Glen Park Ave Griffith, IN 46319
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