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2215 W Lincoln Hwy 5,581 SF of Retail Space Available in Merrillville, IN 46410
Highlights
- Next to the public library driving foot traffic
- Surrounding tenants include Anytime Fitness, State Farm, and several retail stores
- Includes two structures: a retail building with office and shop space, and a rear storage building with multiple overhead doors.
- Proximity to I-65, major retailers, restaurants, and service businesses enhances accessibility and customer draw.
- Fenced yard and gated access with additional undeveloped area for parking or expansion.
- Located along U.S. Highway 30 with an estimated traffic count of 43,801 vehicles per day.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,581 SF | 1-20 Years | $16.13 /SF/YR $1.34 /SF/MO $90,022 /YR $7,502 /MO | Triple Net (NNN) |
1st Floor
This 5,581 SF retail/flex space offers a highly visible location along U.S. Highway 30 in Merrillville, Indiana. Positioned just one block east of Taft Street (S.R. 55) and 1.6 miles west of the I-65/US 30 interchange, the property benefits from an estimated traffic count of 43,801 vehicles per day. The site includes a main retail building with an open entry/reception area, private office, restroom, and a shop area with a 10’ x 10’ overhead door, as well as a rear storage building with two overhead doors. The space is adaptable for a wide range of commercial uses, including medical office, restaurant, storefront retail, fitness center, salon or spa, professional services, quick-service or casual dining, specialty grocery, showroom, or service-oriented business. Surrounding businesses include national and regional retailers, restaurants, and service providers, creating strong co-tenancy and customer draw. The property also features 250 feet of frontage on U.S. 30 and an undeveloped area suitable for additional parking or future improvements.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- High-visibility location along U.S. Highway 30
- Flexible layout
- Located near major retailers
- Ample frontage
- Additional land area for parking or expansion
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.
Matterport 3D Tour
Site Plan
Select Tenants at 2215 W Lincoln Hwy, Merrillville, IN 46410
- Tenant
- Description
- US Locations
- Reach
- Culligan International
- Manufacturing
- -
- -
| Tenant | Description | US Locations | Reach |
| Culligan International | Manufacturing | - | - |
Property Facts
| Total Space Available | 5,581 SF | Gross Leasable Area | 5,581 SF |
| Property Type | Retail | Year Built | 1945 |
| Property Subtype | Freestanding | Parking Ratio | 3.76/1,000 SF |
| Total Space Available | 5,581 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,581 SF |
| Year Built | 1945 |
| Parking Ratio | 3.76/1,000 SF |
About the Property
The property at 2215 W Lincoln Hwy in Merrillville, Indiana, consists of a 5,581 SF retail/flex building on a 1.15-acre site. It is located on the south side of U.S. Highway 30, one block east of Taft Street and approximately 1.6 miles west of the I-65 interchange. The site offers 250 feet of frontage along U.S. 30 and includes two structures: a primary retail building and a rear storage building. The surrounding area includes a mix of retail, dining, and service businesses, with nearby access to major transportation routes.
Demographics
Demographics
Nearby Major Retailers
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2215 W Lincoln Hwy
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