Shops on 41

1902-1908 US Highway 41 Schererville, IN 46375

FOR LEASE
Property Type:
Street Retail
Last Verified:
Jan 19, 2021

Highlights

  • New retail center coming in 2021
  • Located on US Highway 41 in Schererville, IN
  • Drive-Thru endcap available
  • Join Basecamp Fitness
  • Ample parking, signage and high visibility
  • Traffic count of 28,000 vehicles per day

Description

New Retail Development coming in 2021 to Schererville, IN. The subject property is located directly on US Highway 41, immediately south of US 30 ("Crossroads of America). The center offers maximum exposure and visibility to over 28,000 vehicles per day. This 7,500 SF center can accommodate a number of retail uses ranging from 1500 SF and up with a drive-thru endcap available! The property is strategically located along US 41 in Northwest, IN largest retail trade areas. Join Basecamp Fitness in this great opportunity in 2021!

The subject property is located on Indianapolis Boulevard (US Highway 41) just south of US 30 in Schererville, IN

Schererville is a town in St. John Township, Lake County, Indiana. It is part of the Chicago MSA. Long before Indiana became a state, long before the founding of Schererville, people called this place the "Crossroads." Many residents of Schererville commute to work in downtown Chicago due to the city's proximity. Schererville is home to one of Northwest Indiana's premiere retail trade areas.

Building Size: 7500sq ft
Lot Size: 1.78 acres

Units for Lease

1902-1908 US Highway 41 End Cap
Space Available: 4500 SF
Lease Type: NNN

Price Per Sqft/Year: $35.0
1902-1908 US Highway 41 Inline
Space Available: 4500 SF
Lease Type: NNN

Price Per Sqft/Year: $32.0
1902-1908 US Highway 41 Free-Standing Building
Space Available: 2000 SF
Lease Type: NNN

Price Per Sqft/Year: $37.0

Map of 1902-1908 US Highway 41, Schererville, IN, 46375

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.