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    OFF-MARKET
    Retail properties & Spaces

    1902-1908 Us Highway 41, Schererville, IN 46375

    7,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional free-standing retail space, totaling 7,500 square feet, presents a unique opportunity in Schererville, Indiana. Currently, 2,000 square feet is available for lease in this single-suite building situated on a 0.63-acre lot. The property boasts a highly desirable C-3 zoning classification, allowing for a variety of commercial uses. Located at 1902-1908 US Highway 41, this property benefits from exceptional visibility and accessibility, directly on US Highway 41, just south of US 30, a major thoroughfare known as the "Crossroads of America." This high-traffic location sees over 28,000 vehicles daily, ensuring maximum exposure for your business. The property's strategic placement within Northwest Indiana's largest retail trade areas provides immediate access to a substantial customer base. Neighboring businesses include Basecamp Fitness and a soon-to-open Starbucks, further enhancing the area's appeal and drawing in significant foot traffic. A drive-thru option is available, adding to the property's versatility and appeal. The property is also available for sale or ground lease. This is an ideal opportunity for businesses seeking high visibility and a strong location within a thriving commercial area. The maximum contiguous space available for lease is 2,000 square feet.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,500 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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