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1703 Calumet Ave
1,950 - 3,900 SF of Retail Space Available in Valparaiso, IN 46383
Highlights
- Great car count on the near north Calumet area of the vibrant city of Valparaiso
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 1,950-3,900 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $70,200 /YR $5,850 /MO | Triple Net (NNN) |
1st Floor, Ste E
Grab your prime End Cap space of 1950 to 3900 square foot in this thriving center on North Calumet next to CVS and County Market. Other tenants include Pinnacle Dermatology, Prime IV Hydration, Geitonia Greek Grill, and Nutrition Lounge. Modern design with ample glass windows bring in plenty of natural light. Two customer doors and one back door provide plenty of access. Private bathrooms. Formerly was Fit Body Boot Camp. Space is available now. Landlord seeking initial term 5-year lease with 3% annual escalator. Base is $20/SF plus estimated $7/SF NNN for CAMS, Insurance, & taxes. Tenant pays all utilities. Base Price is for space as-is, Landlord open to participate in Tenant Finish Allowance via rent abatement subject to acceptable rate and terms. Arrange your tour today of this great space!
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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.
SELECT TENANTS AT 1703 Calumet Ave, Valparaiso, IN 46383
- Tenant
- Description
- US Locations
- Reach
- Geitonia Greek Grill
- Retailer
- -
- -
- Nutrition Lounge
- Retailer
- -
- -
- Pinnacle Dermatology
- Health Care and Social Assistance
- -
- -
- Prime IV Hydration
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| Geitonia Greek Grill | Retailer | - | - |
| Nutrition Lounge | Retailer | - | - |
| Pinnacle Dermatology | Health Care and Social Assistance | - | - |
| Prime IV Hydration | Health Care and Social Assistance | - | - |
PROPERTY FACTS FOR 1703 Calumet Ave , Valparaiso, IN 46383
| Total Space Available | 3,900 SF | Gross Leasable Area | 11,544 SF |
| Min. Divisible | 1,950 SF | Year Built | 2018 |
| Property Type | Retail | Parking Ratio | 3.81/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,900 SF |
| Min. Divisible | 1,950 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,544 SF |
| Year Built | 2018 |
| Parking Ratio | 3.81/1,000 SF |
About the Property
Grow your business in this newly constructed space at 1703 Calumet in the heart of north side Valparaiso. Space was previously finished with 2 bathrooms and 2 utility rooms, for a fitness tenant. With a health and wellness focus, Calumet Center features Duneland Dermatology/RUSH, Prime IV Hydration, Nutrition Lounge, and Geitonia Greek Grill. It is located adjacent to CVS Pharmacy, near Walgreens, and across from Taco Bell and O'Reilly's on a main north-south arterial. About 15,000 cars a day thru the adjacent intersection. Spaces available range from 1950 SF to 3900 SF total in size. Price listed is base rate, NNNs are currently running just under $7/SF. Landlord prefers a 5+ year lease, with 5+ year option at minimum. Landlord is willing to participate in Tenant Finish Allowance with rent abatement the preferred method, or premium lease rate adjustment over base rate, subject to agreeable lease offer and terms.
- Tenant Controlled HVAC
Nearby Major Retailers
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1703 Calumet Ave
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