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29078549
29078477

833 W Lincoln Hwy Hwy, Schererville, IN 46375 For Sale

TL
IL IL 471003663
GAIN CRE Services Inc.
Listed by GAIN CRE Services Inc.
$14,000,000
1702 days on market
Updated 74 days ago

The Crossings

Details
Property Type Office
Sub Type Executive Office
Square Footage 115,288
Net Rentable (SqFt) 115,288
Occupancy 78%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 6.54%
Pro-Forma NOI $916,000
Price per SqFt $121
Broker Co-Op Yes
Class A
Year Built 1973
Year Renovated 2013
Buildings 1
Stories 4
Acreage 5.220
Investment Type Stabilized
Occupancy Date 04/01/2024
Ownership LLC

Office | Trophy Property | 115,288 SF

Marketing description

Excellent tenant roster including several Fortune 500 companies.

True office building feel with 105,000 rentable square feet

Full tenant amenity package including fitness center, kitchen/café, conference room, cleaning staff, and onsite building engineer

Four story building with a three story waterfall atrium that wows customer and clients

Superb visibility with stoplight corner location on Indianapolis Blvd (US-41) and W. Lincoln Hwy (US-30)

Close proximity to the Chicago Loop (33 miles) offer the opportunity to relocate Chicago tenants to business friendly Indiana

24-hour security access and surveillance system offers a safe environment

Investment highlights

  • - Excellent tenant roster including several Fortune 500 companies, ArcelorMittal, Coldwell Banker Realty, CliftonLarsonAllen and others.
  • - True office building feel with 105,000 rentable square feet
  • - Full tenant amenity package including fitness center, kitchen/café, conference room, cleaning staff, and onsite building engineer
  • - Four story building with a three story waterfall atrium that wows customer and clients
  • - Superb visibility with corner location on Indianapolis Blvd (US-41) and W. Lincoln Hwy (US-30)
  • - Close proximity to the Chicago Loop (33 miles) offer the opportunity to relocate Chicago tenants to business friendly Indiana
  • - 24-hour security access and surveillance system offers a safe environment
  • - High speed cable and fiber capabilities

Rare opportunity to acquire the most coveted Class A office asset in Northwest Indiana. The Crossings of Schererville offers tenants unmatched views, a prime location near dozens of national retailers and highway systems, and the highest quality office experience in the area.

The property underwent a full renovation roughly eight years ago and leasing has remained robust since that period. High attention to detail in building finishes and management is apparent in the property.

Listing Contacts

TL
IL IL 471003663
GAIN CRE Services Inc.
Listed by GAIN CRE Services Inc.

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