For Lease
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Property summary
This exceptional retail property, located at 12937 Wicker Avenue in Cedar Lake, Indiana, offers a significant lease opportunity. The building, constructed in 2007, encompasses a total of 16,104 square feet situated on a 2.06-acre lot. Currently configured as a fitness center, the space includes 13,416 square feet of vacant area and 3,688 square feet of occupied space. Key features include an overhead door, high ceilings, and existing fitness center amenities such as locker rooms and showers, along with separate workout rooms ideal for classes. The property's versatile layout allows for adaptation to a variety of retail uses. Its location in a rapidly developing area of Northwest Indiana, within Lake County and zip code 46303, provides excellent visibility and access to a growing customer base. This single-tenant property presents a unique chance for businesses seeking a prominent location to establish or expand their operations. The property's size and existing infrastructure make it an attractive option for businesses requiring substantial space and specialized amenities. This is a rare opportunity to secure a well-equipped retail space in a thriving Indiana community. The property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Mobile Phone Store Electronics & Wireless Store
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Medical Clinic
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Arcade & Gaming Center Family Recreation Center
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Training Center Sports School
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R3 · Cedar Lake, INZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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