8845 Kennedy Ave Highland, IN 46322-1908
This exceptional Class A office space, totaling 2,446 square feet, is ideally situated on Kennedy Avenue in Highland, Indiana, offering unparalleled visibility and accessibility. Located on the east side of Kennedy Avenue, just 0.2 miles south of downtown Highland and minutes from the I-80/94 interchange, this second-floor space provides convenient access for clients and employees. The building, constructed in 2016, boasts a total of 4,892 square feet across two stories, with one elevator serving both floors. The property includes 51 parking spaces, ensuring ample parking for tenants and visitors. This single-tenant space is located above Vyto's Pharmacy, benefiting from the established presence and foot traffic of a neighboring business. The building is zoned B-2 and sits on a 0.96-acre lot (APN: 45-07-21-453-031.000-026). This prime location within the thriving Highland community, part of the Chicago metropolitan area, presents a unique opportunity for businesses seeking a high-profile presence in a rapidly growing market. The property's modern design and amenities, combined with its strategic location, make it an attractive option for a variety of businesses, including medical offices and traditional office spaces. Aggressive lease rates are available for this Class A space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.