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Property profile

1849 Summit St Crown Point, IN 46307

OFF-MARKET
Neighborhood centers
View Sample
28,800 SF

Property summary

AI-generated overview

This exceptional retail opportunity in Crown Point, Indiana, presents a 28,800 square foot strip center situated on a 2.03-acre lot. Currently, the property boasts a diverse tenancy including M&M Roofing, Women's Center, Family & Social Services, Elevation Barber Salon, Moses Eye Care, Hilbrich Law Firm, and PhysioPoint Therapy & Wellness, among others. One space, formerly occupied by Quality Impressions Print and Design, is available, offering 953 to 2,880 square feet of flexible space ideal for showroom, office, or retail use. This unit features a large open area, two offices, a supply room, and a bathroom. The property offers 107 parking spaces and is zoned B3. Its strategic location at the southwest corner of Summit and Superior Streets provides excellent visibility and accessibility. It's conveniently located one block west of Broadway (SR 53), two miles from the 109th/I-65 interchange, and three miles southwest of US Highway 30, offering easy access to major transportation routes. The property benefits from its proximity to numerous amenities, including the Crown Village Plaza (anchored by Planet Fitness and Buffalo Wild Wings), Pet Supplies Plus, Beggars Pizza, Culver's, Aldi, Popeyes, Dollar Tree, and Beacon Hill Plaza (anchored by Strack and Van Til and Starbucks). The estimated NNN expense is $3.20 per square foot. This property presents a compelling investment opportunity in a thriving retail corridor, just 35 miles from Chicago. The property is less than a mile east of Main Street and minutes from Crown Point Square.

Property profile

Verified
Property type Neighborhood centers
Total area 28,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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