Your email has been sent.
Downtown Gary Broadway Retail/Office 1530 Broadway 5,000 SF of Office Space Available in Gary, IN 46407
Highlights
- 5,000 SF Flexible Commercial Space – Ideal for retail, office, or service users with adaptable layout
- Value-Add Opportunity – Affordable space with potential for customization and redevelopment
- Prime Broadway Corridor Location – Strong visibility along one of Gary’s main thoroughfares
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | $6.72 /SF/YR $0.56 /SF/MO $33,600 /YR $2,800 /MO | Triple Net (NNN) |
1st Floor
5,000 SF commercial building located on Broadway in Gary, Indiana. The property is currently configured for general office use but can be adapted for a variety of commercial uses including retail, service, or flex space. The building features a single-story layout with approximately 2,500 SF of finished office space and additional open or unfinished space that can be customized to suit tenant needs.
- 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
| Total Space Available | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront | Parking Ratio | 2.4/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1920 |
| Parking Ratio | 2.4/1,000 SF |
About the Property
Positioned along Broadway in Gary, Indiana, this approximately 5,000 square foot commercial building offers a strong opportunity for retail, office, or service users seeking visibility along a primary corridor. The property is offered at $2,800 per month ($6.72/SF/year), providing an affordable option for businesses looking to establish or expand their presence. The building sits on a 0.07 acre parcel with direct access to a paved roadway and sidewalks, allowing for convenient customer and employee access. The property is currently configured for general office use and includes heating, air conditioning, and access to public utilities. The flexible layout allows for a variety of uses and can be customized to fit tenant or owner needs. Located in Calumet Township within Lake County, this property presents a value-add opportunity along the Broadway corridor in Gary..
- Property Manager on Site
- Pylon Sign
Nearby Major Retailers
Presented by
1st Metro Realty
Downtown Gary Broadway Retail/Office | 1530 Broadway
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.