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    8845 Kennedy Ave Highland, IN 46322

    For Lease
    $18 SF/Yr ($7,541 /Mo)

    Class A Office, High Visibility, 2,446 SF Available

    Lot size:
    4,892 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office space, totaling 2,446 square feet, is ideally situated on Kennedy Avenue in Highland, Indiana, offering unparalleled visibility and accessibility. Located on the east side of Kennedy Avenue, just 0.2 miles south of downtown Highland and minutes from the I-80/94 interchange, this second-floor space provides convenient access for clients and employees. The building, constructed in 2016, boasts a total of 4,892 square feet across two stories, with one elevator serving both floors. The property includes 51 parking spaces, ensuring ample parking for tenants and visitors. This single-tenant space is located above Vyto's Pharmacy, benefiting from the established presence and foot traffic of a neighboring business. The building is zoned B-2 and sits on a 0.96-acre lot (APN: 45-07-21-453-031.000-026). This prime location within the thriving Highland community, part of the Chicago metropolitan area, presents a unique opportunity for businesses seeking a high-profile presence in a rapidly growing market. The property's modern design and amenities, combined with its strategic location, make it an attractive option for a variety of businesses, including medical offices and traditional office spaces. Aggressive lease rates are available for this Class A space.

    Property Features for 8845 Kennedy Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,892 SF
    Class
    A
    Total Rate
    7541.83

    Building Details

    Year Built
    2016
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,446 SF
    Rate per SF
    $18

    HighLights

    • 2,446 SF of pristine Class A office space available on Kennedy Ave in Highland, IN.
    • Second‑floor space with elevator access in a 2016‑built building.
    • Aggressive lease rates available.
    • Excellent visibility and high traffic counts due to location near I‑80/94 and downtown Highland.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Lake
    State
    Indiana
    Longitude
    -87.461615099631
    Latitude
    41.552771933793

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    FAQs

    What type of property is this?
    Medical office - Class A Office, High Visibility, 2,446 SF Available
    Where is this medical office located?
    The property is located at 8845 Kennedy Ave Highland, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 2,446 SF of pristine Class A office space available on Kennedy Ave in Highland, IN.; Second-floor space with elevator access in a 2016-built building.; Aggressive lease rates available.
    Request Owner's contact information
    8845 Kennedy Ave Highland, IN 46322
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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
    8845 Kennedy Ave Highland, IN 46322
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