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5150 Plaza 5114 E Lincoln Hwy
1,740 SF of Retail Space Available in Merrillville, IN 46410
Highlights
- 5150 E Lincoln Hwy,
- 45 parking spots for customers and employees
- Within proximity of Walmart, Dick's Sporting Goods, Sams Club and more
- Over 30,000 vehicles per day on US 30
- Minutes away from popular Southlake Mall
- 1.5 miles to I-65
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5114 | 1,740 SF | Negotiable | $24.38 CAD/SF/YR $2.03 CAD/SF/MO $42,420 CAD/YR $3,535 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5114
Merrillville is a town in Ross Township, Lake County, Indiana. The population was 35,246 at the 2010 census. Merrillville is in east-central Lake County, in the Chicago metropolitan area. On January 1, 2015, Merrillville became the most populated town in Indiana, as Fishers in Hamilton County was converted from a town to a city. This space sits right on US 30, which is the main road across Merrillville, and one of the most heavily traveled roads in Northwest Indiana.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5114 E Lincoln Hwy , Merrillville, IN 46410
| Property Type | Retail | Year Built/Renovated | 2007/2015 |
| Gross Leasable Area | 18,918 SF | Parking Ratio | 2.38/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 18,918 SF |
| Year Built/Renovated | 2007/2015 |
| Parking Ratio | 2.38/1,000 SF |
About the Property
Now leasing 1,740 SF of space on US 30 (81st Ave.) in Merrillville, IN. which is one of the most traveled roads in Northwest Indiana. With over 30,000 vehicles per day on 30, this is a great opportunity to maximize your exposure. The subject property is located within 1.5 miles of access to I-65. The building is also within close proximity to Southlake Mall which is home to current anchors Macy's, Dick's Sporting Goods, Kohl's, Carson's, AMC Showplace 12 and many others which equals roughly 1.3M Square Feet
- Signage
Nearby Major Retailers
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5150 Plaza | 5114 E Lincoln Hwy
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