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Property profile & analytics
OFF-MARKET
Retail space

2939 45th St Highland, IN 46322-2908

7,136 SF 0.69 ac lot Built 1997
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US31-0415435
Property summary
AI-generated overview

This exceptional 7,045 square foot retail strip center in Highland, Lake County, presents a remarkable leasing opportunity. Currently, 5,666 square feet are available for lease, offering a versatile layout ideal for a variety of retail or commercial uses. The property boasts ample parking with 40 spaces, ensuring convenient access for customers and employees. The building features expansive storefront windows, maximizing visibility and attracting significant foot traffic. The interior is customizable, allowing businesses to tailor the space to their specific needs and operational requirements. The efficient floor plan facilitates streamlined operations and effective product displays. This prime location offers high visibility and accessibility, creating an optimal environment for businesses seeking to enhance brand exposure and engage their target audience. The property's modern amenities and professional exterior contribute to a dynamic and attractive environment for any business. This is an exceptional chance to secure a prominent and adaptable space in a thriving Highland location. The multiple tenancy structure offers flexibility for various business models.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction WOOD
Total area 7,136 SF
Lot 0.69 ac (29,882 SF)
APN 45-07-28-454-032.000-026
UPID US31-0415435
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Keith Hoogland LP · 8 yrs held
Keith Hoogland LP
since 2018
3 recorded transactions
2018
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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