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    2939 45 St Highland, IN 46322

    Sponsored
    For Lease
    Contact for pricing

    Prime Highland retail space; 5,666 sq ft available.

    Lot size:
    7,045 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,045 square foot retail strip center in Highland, Lake County, presents a remarkable leasing opportunity. Currently, 5,666 square feet are available for lease, offering a versatile layout ideal for a variety of retail or commercial uses. The property boasts ample parking with 40 spaces, ensuring convenient access for customers and employees. The building features expansive storefront windows, maximizing visibility and attracting significant foot traffic. The interior is customizable, allowing businesses to tailor the space to their specific needs and operational requirements. The efficient floor plan facilitates streamlined operations and effective product displays. This prime location offers high visibility and accessibility, creating an optimal environment for businesses seeking to enhance brand exposure and engage their target audience. The property's modern amenities and professional exterior contribute to a dynamic and attractive environment for any business. This is an exceptional chance to secure a prominent and adaptable space in a thriving Highland location. The multiple tenancy structure offers flexibility for various business models.

    Property Features for 2939 45 St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,045 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,666 SF

    HighLights

    • 7,045 SF retail strip center in Lake County.
    • 5,666 SF of vacant space available.
    • 40 parking spaces.
    • Multiple tenant spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    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
    -87.4571848
    Latitude
    41.5379452

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Highland retail space; 5,666 sq ft available.
    Where is this neighborhood center located?
    The property is located at 2939 45 St Highland, IN.
    What are key features of this property?
    This property features: 7,045 SF retail strip center in Lake County.; 5,666 SF of vacant space available.; 40 parking spaces.
    Request Owner's contact information
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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
    2939 45 St Highland, IN 46322
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