Formers Carson Pirie Scott Department Store 1995 Southlake Mall
144,123 SF of Retail Space Available in Merrillville, IN 46410
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SUBLEASE HIGHLIGHTS
- 1995 Southlake Mall offers a prime 144,123-square-foot enclosed retail building in a high-traffic area of northern Indiana.
- Benefits from ample on-site parking, excellent signage, and exposure to over 53,000 daily drivers and abundant mall foot traffic.
- For Sale or Lease by the owner.
- Previously occupied by Carson's, featuring two floors of flexible space suitable for new ventures or redevelopment purposes.
- Strategically located at the intersection of US Highway 30 and Interstate 65, a primary commercial corridor with multiple entry points.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 144,123 SF | Negotiable | $3.60 /SF/YR | Triple Net (NNN) |
1st Floor
144,123 SF available of a Former Carson Pirie Big Box store. 2 floors in excellent condition, attached to Southlake Mall. Multiple points of entry with signage rights and plenty of parking. It's the perfect redevelopment opportunity with great demographics! Up to 53,000 VPD
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
PROPERTY FACTS FOR 1995 SOUTHLAKE MALL , MERRILLVILLE, IN 46410
Total Space Available | 144,123 SF |
Property Type | Retail |
Property Subtype | Department Store |
Gross Leasable Area | 144,123 SF |
Total Land Area | 11.00 AC |
Year Built | 1976 |
Parking Ratio | 6.59/1,000 SF |
ABOUT THE PROPERTY
1995 Southlake Mall offers the opportunity to occupy or acquire an open-air enclosed retail building in a high-traffic, northern Indiana location. Formerly occupied by a Carson Pirie big box store, this 144,123-square-foot anchor property provides two floors of flexible space, ready for its next venture or a prime redevelopment opportunity attached to the Southlake Mall. The property features high ceiling heights, interior docking with two full bays, two elevators (one service and one passenger), and two escalators (one up and one down). Ideally situated at the confluence of US Highway 30 and Interstate 65, the Southlake Mall is within a primary commercial corridor, easily accessible to area residents and visitors with multiple points of entry and several signalized intersections. 1995 Southlake Mall benefits from ample on-site parking and excellent signage with prominent visibility to over 53,000 daily drivers and abundant foot traffic from the mall. The Southlake Mall is centered in a thriving community that supports $3 billion of total consumer spending within a 15-minute drive of the site.
- Enclosed Mall
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
ABOUT INDIANA
With quick passenger rail access into the city of Chicago through Amtrak and South Shore Commuter lines and amazing Lake Michigan vistas from its Indiana Dunes, Northwest Indiana draws in approximately 850,000 residents to its bedroom communities with below-average property taxes throughout the region. In fact, the area’s lower sales tax consistently brings Illinois shoppers to the Indiana side of the border, too, where they can save 3% or more on purchases from their home state. All these trends support the region’s over $35 billion economy.
Yet plenty of people stay in the region for their employment opportunities, too. Over 35,000 people work in healthcare and social assistance, 34,000 in manufacturing, each with a median income of over $100,000. Though industrial space occupiers dominate the region, office space occupancy is strong, too, with 2.6 million square feet dedicated to medical office space, almost 1 million square feet, and over 600,000 square feet dedicated to those who work in the utilities, finance, insurance, and real estate industries.
In fact, Northwest Indiana's office and retail vacancy and availability rates are at or near record lows as these space occupiers take full advantage of its strong underlying demand drivers.
NEARBY AMENITIES
RESTAURANTS |
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---|---|---|---|
Chick-Fil-A | - | - | 10 min walk |
Uno Pizzeria & Grill | - | - | 10 min walk |
Red Robin | - | - | 9 min walk |
Buffalo Wild Wings | - | - | 10 min walk |
Chili's Grill & Bar | - | - | 10 min walk |
Starbucks | Cafe | $ | 10 min walk |
TCBY | Bakery | - | 12 min walk |
Taco Bell | Fast Food | - | 12 min walk |
Cajun Boil & Bar | Creole | $$$ | 12 min walk |
Potbelly | - | - | 13 min walk |
RETAIL |
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---|---|---|
AMC | Cinema | 7 min walk |
CVS Pharmacy | Drug Store | 10 min walk |
Target | Dept Store | 10 min walk |
Sunglass Hut | Other Retail | 12 min walk |
T-Mobile | Wireless Communications | 12 min walk |
Bath & Body Works | Health & Beauty Aids | 12 min walk |
Journeys | Shoes | 12 min walk |
BoxLunch | Unisex Apparel | 12 min walk |
Dry Goods | Ladies' Apparel | 12 min walk |
Books-A-Million | Books | 12 min walk |
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