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    OFF-MARKET
    Retail properties & Spaces

    11040 Broadway, Crown Point, IN 46307

    11,200 SF Built 2023
    Property ID
    Property summary
    AI-generated overview

    This 11,200 square foot Class A retail building in Crown Point, Indiana, offers multiple tenancy options, with spaces ranging from 2,800 to 11,200 square feet. Located on a 1.78-acre lot at 11040 Broadway (SR 53), this 2023-built property boasts 253 feet of frontage and 305 feet of depth, featuring B-3 zoning and all utilities in place. Its prime location benefits from high visibility and traffic counts of 14,834 cars daily on Broadway, placing it near major roadways including I-65 and US 30, as well as established businesses such as Speedway and Dunkin'. The property is situated across from the On Broadway Office Complex and less than two miles from the Lake County Courthouse and a variety of amenities. Furthermore, its proximity to the planned $250 million Fountains of Crown Point development, featuring hotels, restaurants, and a premier outlet mall, promises significant future growth and increased foot traffic. The property's 2022 real estate taxes totaled $263.66. This shovel-ready site is ideal for a single tenant build-to-suit or multiple tenants, and is also suitable for a land lease.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 11,200 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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