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    1825-1837 80Th Ave Merrillville, IN 46410

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    Merrillville, IN: Prime Retail Space Available

    Lot size:
    85,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, Crossings at Hobart, located at 1825-1837 E 80th Ave in Merrillville, Indiana (zip code 46410), offers a significant opportunity for businesses seeking high-visibility space in a thriving market. The single-story building boasts a total of 85,620 square feet, currently entirely vacant and available for lease. The property is classified as a power center and anchor space, offering multiple tenancy options. Spaces range from a minimum of 2,300 square feet to a maximum contiguous space of 40,695 square feet, providing flexibility for various business needs and sizes. Located in Lake County, Indiana, this property benefits from excellent visibility and accessibility, making it an ideal location for retailers seeking to establish or expand their presence. The property's size and configuration make it suitable for a variety of retail uses, from large-format anchor stores to smaller specialty shops. The address is easily accessible from major roadways, ensuring high traffic flow and customer convenience. This is a rare opportunity to secure a substantial retail space in a prime location. The entire 85,620 square feet is available for lease, presenting a unique chance to create a vibrant retail destination. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 1825-1837 80Th Ave

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,620 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 2652
    Size
    40,695 SF
    Space
    Suite 2114
    Size
    30,625 SF
    Space
    Suite 2166
    Size
    6,000 SF
    Space
    Outlot
    Size
    6,000 SF
    Space
    Suite 1825
    Size
    2,300 SF
    Space
    Build to Suit
    Size
    1 SF

    HighLights

    • Largest power center in Chicagoland with 1M SF and 20+ major anchors.
    • 40,695 SF anchor space available; virtual tour available.
    • 30,625 SF anchor space available.
    • 6,000 SF space available; virtual tour available.
    • 2,300 SF space available.
    • Build‑to‑suit opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.30312066
    Latitude
    41.47248096

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    FAQs

    What type of property is this?
    Power center - Merrillville, IN: Prime Retail Space Available
    Where is this power center located?
    The property is located at 1825-1837 80Th Ave Merrillville, IN.
    What are key features of this property?
    This property features: Largest power center in Chicagoland with 1M SF and 20+ major anchors.; 40,695 SF anchor space available; virtual tour available.; 30,625 SF anchor space available.
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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
    1825-1837 80Th Ave Merrillville, IN 46410
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