2008-2124 45 St Highland, IN 46322
- Neighborhood centers
- 88,588 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 2008-2124 45 St
- Year built
- 1984
- Property size
- 88,588 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Porte De L'eau Plaza, a 88,588 square foot strip center in Highland, Indiana, presents a compelling investment opportunity. Located at 2008-2124 45th Street, this property boasts a desirable location just a few miles south of the I-80/94 access to Chicago and immediately west of Indianapolis Boulevard, experiencing high traffic counts exceeding 40,000 vehicles per day. Built in 1984, the center sits on a 9.19-acre lot and is zoned B-1. The property features a diverse tenant mix and offers multiple spaces for lease, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 4,480 square feet. Currently, 17,540 square feet are vacant, providing significant potential for new businesses. The property's APN is 45-07-32-201-002.000-026, and it's situated in Lake County. Large signage opportunities are available on 45th Street, enhancing visibility and attracting customers. This retail center offers a strong trade area with aggressive rental rates, making it an attractive investment in a thriving community. The property is conveniently located within the Chicago metropolitan area, benefiting from the region's robust economy and population. This is a rare opportunity to acquire a well-positioned retail property in a high-traffic area with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Highland
- County
- Lake
- State
- Indiana
- Longitude
- -87.48
- Latitude
- 41.5368
