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    1995 Southlake Mall Merrillville, IN 46410

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    For Lease
    Contact for pricing

    Flexible Warehouse Space, Southlake Mall

    Lot size:
    144,122 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Southlake Mall property offers 144,122 square feet of versatile warehouse and distribution space, perfect for a variety of businesses. The property features two parcels, zoned Parcel 1-PUD and Parcel 2-R4, encompassing 11 acres of land. Built in 1976, the building boasts a 17-foot ceiling height, providing ample storage and operational space. With 2 loading docks and 950 parking spaces, efficient loading and ample customer/employee parking are ensured. The property is currently configured for multiple tenants, with spaces available ranging from a minimum of 100 square feet to a maximum contiguous space of 50,000 square feet. This presents a unique opportunity for businesses of all sizes, from startups to established enterprises. The open-air, enclosed design is ideal for businesses seeking a modern, flexible workspace. Two brand-new spaces are immediately available for occupancy on November 15th, offering short-term lease options. The property's location within Southlake Mall provides excellent visibility and accessibility. This is an ideal location for businesses in various sectors, including startups, beauty and wellness, sports and entertainment, event spaces, cloud kitchens, makerspaces, and creative businesses. The flexible lease terms allow businesses to rent only the space they need, minimizing unnecessary costs.

    Property Features for 1995 Southlake Mall

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    144,122 SF

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Warehouse Space
    Size
    50,000 SF
    Space
    Retail Space
    Size
    20,000 SF

    HighLights

    • 144,122 SF multi‑tenant warehouse/distribution facility on 11 acres.
    • Flexible space options from 100 SF to a maximum of 50,000 contiguous SF.
    • Building features 17' ceilings and 2 loading docks.
    • Ample parking with 950 spaces available.
    • Built in 1976.
    Property Profile Location Intelligence

    Current Use by Public Records

    CUBEWORK Coworking Space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3104103
    Latitude
    41.4677868

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    FAQs

    What type of property is this?
    Distribution property - Flexible Warehouse Space, Southlake Mall
    Where is this distribution property located?
    The property is located at 1995 Southlake Mall Merrillville, IN.
    What are key features of this property?
    This property features: 144,122 SF multi-tenant warehouse/distribution facility on 11 acres.; Flexible space options from 100 SF to a maximum of 50,000 contiguous SF.; Building features 17' ceilings and 2 loading docks.
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    1995 Southlake Mall Merrillville, IN 46410
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    Merrillville, IN 46410
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    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
    1995 Southlake Mall Merrillville, IN 46410
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