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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2871-2895 Us Highway 30 Merrillville, IN 46342

29,788 SF Built 1996
Property ID
Property summary
AI-generated overview

This prime retail space, located at 2871-2895 US Highway 30 in Hobart, Indiana, offers a 1,977 square foot unit available for lease within the Southlake Commons shopping center. The center boasts a total of 29,788 square feet and sits directly on US Highway 30, providing excellent visibility and accessibility. Benefiting from its location adjacent to Southlake Mall and anchored by Home Depot, this property enjoys high traffic volume and is surrounded by approximately 4 million square feet of retail space. The 1,977 square foot unit is situated between Nothing Bundt Cakes and Hassle Less Mattress, offering excellent co-tenancy. A 1,500 square foot endcap space is also available. The property sits on a 3.06-acre lot and was built in 1996. The B-3 zoning allows for a variety of retail uses. This location is part of a major retail corridor in Northwest Indiana, serving a population of 29,059 (2010 Census) and benefiting from the addition of significant retail space through annexation. The property offers excellent signage opportunities due to its direct frontage on US Highway 30. This presents a unique opportunity to establish a business in a thriving retail market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 29,788 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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