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1211-1231 Cumberland Ave 2,005 SF of Retail Space Available in Valparaiso, IN 46383
Highlights
- Cumberland Crossing retail/medical space for lease in Valparaiso, IN
- Within view of many nationals in a difficult to enter market
- Two suites available
- Located just off Calumet Avenue and highly visible
- Previously used as Medical space
- Matterport Links: https://my.matterport.com/show/?m=HgYMMfpBZ4m | https://my.matterport.com/show/?m=HgYMMfpBZ4m
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1211 | 2,005 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $56,140 /YR $4,678 /MO | Triple Net (NNN) |
1st Floor, Ste 1211
Cumberland Crossing retail/medical space for lease in Valparaiso, IN Located just off Calumet Avenue and highly visible Within view of many nationals in a difficult to enter market Previously used as Medical space Last space available at 2,005 SF Matterport Links: https://my.matterport.com/show/?m=HgYMMfpBZ4m | https://my.matterport.com/show/?m=7qN65PZNiUf
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 1211-1231 Cumberland Ave, Valparaiso, IN 46383
- Tenant
- Description
- US Locations
- Reach
- Dawn Collins Executive Realty
- Real Estate
- 3,456
- International
- Judy Fischer
- Public Administration
- 1
- -
- Northwest Health Outpatient Rehabilitation
- Health Care
- 1
- -
- Porter Outpatient Rehab Services
- Health Care
- 1
- Local
- Salon Lofts
- Real Estate
- 270
- National
| Tenant | Description | US Locations | Reach |
| Dawn Collins Executive Realty | Real Estate | 3,456 | International |
| Judy Fischer | Public Administration | 1 | - |
| Northwest Health Outpatient Rehabilitation | Health Care | 1 | - |
| Porter Outpatient Rehab Services | Health Care | 1 | Local |
| Salon Lofts | Real Estate | 270 | National |
Property Facts
| Total Space Available | 2,005 SF | Gross Leasable Area | 12,135 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding | Parking Ratio | 2.88/1,000 SF |
| Total Space Available | 2,005 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 12,135 SF |
| Year Built | 2008 |
| Parking Ratio | 2.88/1,000 SF |
About the Property
Join University of Chicago coming soon! Now leasing Cumberland Crossing located on Cumberland Crossing Drive in Valparaiso, IN. The subject property is an approximately 12,000 SF building in one of the strongest markets in Northwest, IN. The building sits on an outlot to the YMCA and within view of multiple national tenants including Starbucks, Chipotle, 7 Brew, Anytime Fitness, Dollar General and numerous more. The property is just off and highly visible from heavily traveled Calumet Avenue. Last space available in a very difficult to enter market. The subject property is located on Calumet Avenue in Valparaiso, Indiana. Valparaiso is a city and the county seat of Porter County, IN. The population was 31,730 at the 2010 census. The city is situated at the junctions of U.S. Route 30, State Road 2, and State Road 49. The city is the site of multiple colleges and universities. Purdue University Northwest has a satellite campus in Valparaiso, and one of Ivy Tech's 23 regional campuses is located in the city. Valparaiso is also home to namesake Valparaiso University, occupying 310 acres on the south side of the city near downtown.
- Dedicated Turn Lane
- Signalized Intersection
Nearby Major Retailers
Presented by
1211-1231 Cumberland Ave
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