Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3300 Lake City Hwy Warsaw, IN 46580

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warsaw, IN Retail Space - 6 Units Available

    Lot size:
    171,000 SF

    Property Features for 3300 Lake City Hwy

    General Information

    Property type
    Retail space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    171,000 SF
    Total Rate
    99750

    Spaces For Lease

    at 3300 Lake City Hwy, Warsaw, IN 46580 Contact us
    Unit Suite A-3

    $12 /Mo

    Size
    6,600 SF
    Contact us
    Unit A-4

    $12 /Mo

    Size
    1,500 SF
    Contact us
    Unit A-8

    $12 /Mo

    Size
    11,750 SF
    Contact us
    Unit Suite A-6

    $12 /Mo

    Size
    11,610 SF
    Contact us
    Unit Suite A-2

    $12 /Mo

    Size
    4,400 SF
    Contact us
    Unit Adjacent to Hallmark

    $12 /Mo

    Size
    2,200 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Ron Escue
    Ron Escue

    Listing Agency: Harshman Property Services LLC Listing Agent: Ron Escue

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lake Village Shopping Center, located at 3300 Lake City Hwy, Warsaw, IN 46580, offers exceptional retail and restaurant opportunities. This established 171,000 square foot shopping center boasts a strong tenant mix, anchored by Rural King. Six spaces are currently available, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 14,000 square feet, providing flexibility for various business needs. The center benefits from high visibility and convenient access along Lake City Highway. Current co-tenants include well-established national and regional brands such as Dollar General, Pizza Hut, Fiesta Salons, Mariner Finance, and Indiana Physical Therapy, ensuring a steady stream of foot traffic. The property also features attractive outlot developments, including Hardee's, PNC Bank, Arby's, Wendy's, and Monro Mufflers, further enhancing the shopping center's appeal and drawing power. The property's APN is 43-11-15-100-001.000-032. This is a prime opportunity for businesses seeking a vibrant and established retail location in a thriving community. The property is classified as a multi-tenant storefront within a larger retail and restaurant complex. Interested parties should inquire about available space and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Indiana Physical Therapy Medical Clinic Connor Bresnahan Physician Lake Village Shopping ... Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Warsaw
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.80744
    Latitude
    41.232663

    Nearby Similar for Lease

    • $6,000 /Mo
      4,364 SF

      Move-in Ready Warsaw Office Space

      Office space in a popular business district, ready for occupancy.
      2150 North Pointe Dr, Warsaw, IN 46582
      View Details
    • $1,499 /Mo
      3,043 SF

      Versatile Retail/Office Space in Warsaw

      Adaptable 3,043 SF space suitable for retail, office, or medical use.
      3121 E Center St, Warsaw, IN 46582
      View Details
    • $1,065 /Mo
      1,600 SF

      Versatile Retail/Office Space in Warsaw

      1,600 SF retail or office space in prime Warsaw location.
      3159 E Center St, Warsaw, IN 46582
      View Details
    • $1,065 /Mo
      1,600 SF

      Versatile Retail/Office Space Available

      Adaptable 1,600 SF space suitable for retail or office use.
      3161 E Center St, Warsaw, IN 46582
      View Details
    • $1,052 /Mo
      1,580 SF

      Warsaw Retail/Office Space Available

      1,580 SF retail or office space for lease.
      3133 E Center St, Warsaw, IN 46582
      View Details
    • $1,598 /Mo
      2,400 SF

      Warsaw Retail/Office Space For Rent

      Retail or office space available in Warsaw, Indiana.
      3157 E Center St, Warsaw, IN 46582
      View Details
    • $999 /Mo
      1,500 SF

      Warsaw Retail or Office Space

      1,500 SF retail, showroom, or office space for lease.
      3143 E Center St, Warsaw, IN 46582
      View Details
    • $5 SF/Yr
      9,302 SF

      Warsaw Office Building For Lease

      Office building with high visibility and traffic, multiple space options.
      719 S Buffalo St, Warsaw, IN 46580
      View Details
    • $12 SF/Yr

      Retail Center in Warsaw, Indiana

      Retail spaces available in a 15-unit center with high traffic.
      3620 Commerce Dr, Warsaw, IN 46580
      View Details
    • Contact for pricing

      Industrial Space in Technology Park

      70,000 SF available for lease in Warsaw Technology Park.
      1395 Polk Dr, Warsaw, IN 46582
      View Details
    • Contact for pricing
      537 SF

      Professional Office Space Available

      Office space for rent in a multi-tenant building.
      2176 Biomet Dr, Warsaw, IN 46582
      View Details

    FAQs

    What type of property is this?
    Retail space - Warsaw, IN Retail Space - 6 Units Available
    Where is this retail space located?
    The property is located at 3300 Lake City Hwy Warsaw, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Lake Village Shopping Center, Warsaw, IN, offers 171,000 SF of retail/restaurant space anchored by Rural King.; High-traffic location on US 30 (35,000 VPD), a major thoroughfare between Chicago and Fort Wayne.; Six available spaces, 1,500-14,000 SF, with pylon signage opportunities.
    (317) 630-1000 Call to check price and availability
    Request Owner's contact information
    3300 Lake City Hwy Warsaw, IN 46580
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3300 Lake City Hwy
    Warsaw, IN 46580
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3300 Lake City Hwy Warsaw, IN 46580
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ron Escue
    Ron Escue
    Real Estate License ID: RB14019742
    (317) 630-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!