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HIGHLIGHTS
- Located on heavily traveled US 30 with maximum visibility
- Ample parking for tenants and visitors
- Population of over 150,000 and HH income of $115,000 in a 3-mile radius
- 42,000 VPD
- Pylon Signage available directly on 30
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,016 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $30,240 /YR $2,520 /MO | Triple Net (NNN) |
1st Floor
1101 W LINCOLN HWY is now available for lease in Schererville, Indiana. Strategically positioned along heavily traveled U.S. 30, the center offers maximum visibility and exposure to over 40,000 vehicles per day. The property features pylon signage directly on U.S. Route 30. With a surrounding population exceeding 65,000 residents and average household incomes of over $100,000 within a three-mile radius, this location presents an outstanding opportunity to join one of Schererville’s most active retail corridors.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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.
SELECT TENANTS AT 1101 W US HIGHWAY 30, SCHERERVILLE, IN 46375
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cigar Lounge
- Tobacco
- 1
- -
- Pit Stop Smoke Shop One
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cigar Lounge | Tobacco | 1 | - |
| Pit Stop Smoke Shop One | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,016 SF | Gross Leasable Area | 4,032 SF |
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,016 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,032 SF |
| Year Built | 1969 |
ABOUT THE PROPERTY
Explore the vibrant community surrounding the property in Schererville, IN, offering a perfect blend of work and play. Situated near the charming downtown area, tenants can enjoy easy access to a variety of dining options, retail shops, and recreational facilities. Nearby, Redar Park provides a serene oasis for outdoor activities and relaxation. With its convenient location and close proximity to major roadways, the area is a prime choice for office tenants seeking a dynamic, accessible location for their business. Experience the perfect balance of urban convenience and neighborhood charm at this desirable location in Schererville.
NEARBY MAJOR RETAILERS
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1101 W US Highway 30
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