Property summary
This exceptional 10,049 square foot retail showroom, located at 1409 Franklin Street in LaPorte County, presents a unique investment opportunity. Currently occupied by a single tenant, Rent-A-Center, the property boasts 5,049 square feet of immediately available space upon lease expiration at the end of 2024. The building, constructed in 1949, is zoned B2, offering flexibility for a variety of retail uses. The available space features a spacious showroom area, perfectly suited for showcasing products or services. In addition to the showroom, the property includes two private offices, providing ample space for administrative tasks or client meetings. A convenient bathroom is also included. The minimum divisible space is 5,049 square feet, making it ideal for a single tenant seeking a prominent location. This property represents a strong opportunity for businesses seeking high visibility and a well-established presence in a thriving LaPorte County market. The existing tenant provides a stable income stream until the lease expires, offering a seamless transition for a new occupant. This is a rare chance to acquire a well-located, versatile retail space with significant potential. The property's size and layout offer considerable adaptability for a range of retail concepts. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
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 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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