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111 N Madison St
2,199 SF of Retail Space Available in La Porte, IN 46350
Highlights
- Brand new retail center coming to LaPorte, IN
- Join Anytime Fitness in their newest location!
- Directly adjacent to a Kroger anchored shopping center
- Construction almost complete
- Drive-thru endcap available
- Surrounded by National Tenants
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,199 SF | 1-15 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Drive-thru endcap available within this brand new retail center coming to LaPorte, IN.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Drive Thru
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 FOR 111 N Madison St , La Porte, IN 46350
Property Type | Retail | Year Built | 2024 |
Property Subtype | Retail | Parking Ratio | 2.15/1,000 SF |
Gross Leasable Area | 6,993 SF | Construction Status | Under Construction |
Property Type | Retail |
Property Subtype | Retail |
Gross Leasable Area | 6,993 SF |
Year Built | 2024 |
Parking Ratio | 2.15/1,000 SF |
Construction Status | Under Construction |
About the Property
Brand new retail center for lease in LaPorte, IN. The subject property is located at 111 N. Madison Street directly adjacent to the Kroger anchored shopping center. Construction is set to finish in Q4 of 2024. Join Anytime Fitness in their newest location with a drive-thru endcap available for lease. The subject is surrounded by national tenants including Smoothie King, Dunkin, Starbucks and Aldi as immediate neighbors. Great opportunity to locate in a strong retail trade area. LaPorte (from French 'the door') is a city in LaPorte County, Indiana, of which it is the county seat. Its population was estimated to be 21,341 in 2022. LaPorte is accessible from Chicago by the South Shore train line, which begins at Millennium Station and ends in Michigan City, Indiana, with several stops in between, including Chesterton and Hudson Lake, Indiana. Both are only a short drive from La Porte.
- Drive Thru
Nearby Major Retailers
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111 N Madison St
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