1932 81 Ave Hobart, IN 46410
- Community centers
- 235,624 SF
Current Use by Public Records
- Merrillville Plaza / Shopping Mall
Property Details for 1932 81 Ave
- Property size
- 235,624 SF
- Property type
- Community centers
- Property subtype
- Retail properties
Description
Merrillville Plaza, a community shopping center totaling 235,624 square feet, presents a prime retail opportunity in Lake County, Indiana. Strategically located at the northeast corner of US Highway 30 and Interstate 65, this property enjoys exceptional visibility and accessibility, approximately 30 minutes southeast of downtown Chicago. The center boasts 1160 parking spaces, ensuring ample convenience for customers. Currently, there are four suites, with 14,625 square feet of vacant space available for lease. Spaces range from a minimum of 3,460 square feet to a maximum contiguous space of 6,024 square feet, offering flexibility for various retail concepts. The property benefits from its prominent location directly across from Southlake Mall, surrounded by a thriving retail corridor featuring national anchors such as Macy's, Burlington, Lowe's, Sam's Club, Petco, and Hobby Lobby. This high-traffic location ensures significant exposure and strong potential for business growth. The property's strong tenant mix and high-visibility location make it an exceptional investment opportunity for retailers seeking a strategic presence in a densely populated and affluent market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobart
- County
- Lake
- State
- Indiana
- Longitude
- -87.3134
- Latitude
- 41.4731
