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Property profile & analytics
OFF-MARKET
Warehouses

1995 Southlake Mall Merrillville, IN 46410

144,122 SF 11 ac lot Built 1976
Property ID
Property summary
AI-generated overview

This exceptional Southlake Mall property offers 144,122 square feet of versatile warehouse and distribution space, perfect for a variety of businesses. The property features two parcels, zoned Parcel 1-PUD and Parcel 2-R4, encompassing 11 acres of land. Built in 1976, the building boasts a 17-foot ceiling height, providing ample storage and operational space. With 2 loading docks and 950 parking spaces, efficient loading and ample customer/employee parking are ensured. The property is currently configured for multiple tenants, with spaces available ranging from a minimum of 100 square feet to a maximum contiguous space of 50,000 square feet. This presents a unique opportunity for businesses of all sizes, from startups to established enterprises. The open-air, enclosed design is ideal for businesses seeking a modern, flexible workspace. Two brand-new spaces are immediately available for occupancy on November 15th, offering short-term lease options. The property's location within Southlake Mall provides excellent visibility and accessibility. This is an ideal location for businesses in various sectors, including startups, beauty and wellness, sports and entertainment, event spaces, cloud kitchens, makerspaces, and creative businesses. The flexible lease terms allow businesses to rent only the space they need, minimizing unnecessary costs.

Property profile
Verified
Property type Warehouses
Year built 1976
Total area 144,122 SF
Lot 11 ac (479,160 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
Current use
Occupant on record · Public records
  • CUBEWORK Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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