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Woodland Plaza 3313 45th St
2,755 - 9,270 SF of Space Available in Highland, IN 46322
Highlights
- Opportunity to lease retail space in Dollar Geneal anchored plaza
- Turn key leasing opportunities available for a restaurant, fitness facility, or grocer
- Tenant signage facing 45th Avenue provides visibility and exposure to approximately 17,000 VPD
- Located in commercial driven corridor with national retailers nearby including Walgreen' s, CVS Pharmacy, Dollar General, ACE Hardware and Sprint
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 3303 | 2,755 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $49,590 /YR $4,133 /MO | Triple Net (NNN) | ||
1st Floor, Ste 3313 | 6,515 SF | 5 Years | $15.00 /SF/YR $1.25 /SF/MO $97,725 /YR $8,144 /MO | Triple Net (NNN) |
3303-3321 45th St - 1st Floor - Ste 3303
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
3303-3321 45th St - 1st Floor - Ste 3313
-Excellent Visibility and Traffic with a Signaled Entrance on 45th St -Building and Pylon Signage Avaialable -Spaces Ideal for a Restaurant, Grocery, Fitness Center and General Office/Retail -Low NNN Expenses at $2.32psf -236 Parking Spaces or 4.63 per 1,000 SF -17,599 AADT on 45th Street (2013)
- Lease rate does not include utilities, property expenses or building services
- Fits 17 - 53 People
- Located in-line with other retail
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 Woodland Plaza
- Dollar General
PROPERTY FACTS FOR 3313 45th St , Highland, IN 46322
Center Type | Neighborhood Center | Gross Leasable Area | 72,578 SF |
Parking | 236 Spaces | Total Land Area | 5.54 AC |
Center Properties | 3 | Year Built | 1962 |
Frontage | 620’ on 45th St |
Center Type | Neighborhood Center |
Parking | 236 Spaces |
Center Properties | 3 |
Frontage | 620’ on 45th St |
Gross Leasable Area | 72,578 SF |
Total Land Area | 5.54 AC |
Year Built | 1962 |
About the Property
Retail space available for lease at the Woodland Plaza in Highland The center is well located along 45th Avenue and is anchored by Planet Fitness. Available units range from 1,550 - 8,400 square feet with a variety of interior layouts. The property is less than 2-miles from Interstate 94 (I-94) and Indianapolis Boulevard, providing customers, commuters and delivery vehicles convenient access to the property. The plaza features tenant signage facing 45th Avenue, multiple access points, an on-site parking lot, and back door alley access. National retailers nearby include CVS Pharmacy, Walgreen' s, ACE Hardware, Sprint, All-State Insurance, and Family Video, among others. Woodland Plaza is located on the north side of West 45th Avenue, a main east/west thoroughfare, in Highland, Indiana. Highland, a suburb in Northwest Indiana, and is approximately 24 miles southeast of Chicago. The property sits on a 1.27-acre parcel that maintains exposure to over 17,000 vehicles per day. The property finds itself in a retail corridor and neighbors a former Save Gas station to the west, a Dairy Queen to the East, and a neighborhood retail center to the south. The location on 45th Street, the property maintains convenient access to Interstate 94 (2 miles north), Indianapolis Boulevard (1 mile west) and Interstate 65 (7 miles east), thus providing commuters convenient access to Chicago, Indianapolis, and other surrounding communities. National retailers in close proximity include: CVS Pharmacy, Walgreen' s, Dollar General, ACE Hardware, Sprint, All-State Insurance, and Family Video, among many others.
- Pylon Sign
Nearby Major Retailers
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Woodland Plaza | 3313 45th St
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