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    5150 Franklin St Michigan City, IN 46360

    Sponsored
    For Lease
    Contact for pricing

    590 SF Retail Space in La Porte County

    Lot size:
    590 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 590 square feet of prime, in-store space within a high-traffic Meijer location in La Porte County. Benefit from a highly visible, front-of-store position, ensuring maximum exposure to thousands of weekly shoppers. This "store-within-a-store" concept offers unparalleled convenience and accessibility. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying your operational costs. Interior and exterior branding opportunities are available, enhancing your visibility and brand recognition. The space is situated in a thriving trade area with strong demographics, making it ideal for a variety of businesses. This turnkey solution is perfect for businesses seeking high foot traffic and immediate access to a built-in customer base. The space is adaptable to various retail uses, including but not limited to financial institutions, food and beverage establishments, service businesses, health and wellness providers, and insurance agencies. This is a unique chance to establish your business within one of the Midwest's most recognizable retail destinations. The property offers a fixed monthly fee, eliminating the complexities of variable operating costs. Multiple similar vacancies exist in other Meijer locations across the Midwest.

    Property Features for 5150 Franklin St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    590 SF

    Unit(s) available at that property

    Space
    Suite FD
    Size
    590 SF

    HighLights

    • 590 SF of in‑store retail space available within a Meijer store.
    • Located in LaPorte County.
    • Multiple tenant space.
    • High‑traffic, front‑of‑store location with excellent visibility.
    • All‑inclusive monthly rent covering taxes, insurance, CAM, and utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Money Transfer Service Meijer Truck Unloading ... Department Store Meijer Optical Optometrist Meijer Pharmacy Pharmacy Meijer Bakery Bakery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.889833
    Latitude
    41.6752041

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    FAQs

    What type of property is this?
    Individual retail property - 590 SF Retail Space in La Porte County
    Where is this individual retail property located?
    The property is located at 5150 Franklin St Michigan City, IN.
    What are key features of this property?
    This property features: 590 SF of in-store retail space available within a Meijer store.; Located in LaPorte County.; Multiple tenant space.
    Request Owner's contact information
    5150 Franklin St Michigan City, IN 46360
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    Michigan City, IN 46360
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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
    5150 Franklin St Michigan City, IN 46360
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