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Schererville, IN 46375

The Shoppes at Schererville

Property Address

705 U.S. 41, Schererville, IN, USA

Offering Summary

  • Price: $18,105,000
  • Lot Size: 14 Acres
  • Year Built: 2006
  • Building SF: 139,054
  • Status: In Escrow
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  • Healthy Fundamentals–Market Rents & Attractive Price per Square Feet
  • Mini-Box Tenants Comprise 50% of the Rent Roll with Over 5 Years of Lease Term Remaining
  • Strong Historical Occupancy: Tenants Comprising 88% of the Rent Roll Have Extended/Renewed Their Leases Since 2014
  • 3 Net-Leased Out Parcels - Potential to Sell Off Individually
  • Healthy Store Sales Reported from Required Tenants
  • Shadow-Anchored by Lowe's and Adjacent to New Whole Foods Development
  • Ideally Positioned in Regional Retail Corridor
  • 30 Miles from Downtown Chicago

Broker Information

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