1995 Southlake Mall - Department Store FOR SALE


Merrillville, IN 46410
$4,000,000 USD
219-334-2761
1995 Southlake Mall, Merrillville, IN for Sale
$4,000,000 USD
Department Store - FOR SALE
1/22
null | Request Cap Rate

1995 Southlake Mall
Merrillville, IN 46410


HIGHLIGHTS

  • 1995 Southlake Mall offers a prime 144,123-square-foot enclosed retail building in a high-traffic area of northern Indiana.
  • Previously occupied by Carson Pirie, featuring two floors of flexible space suitable for new ventures or redevelopment purposes.
  • Strategically located at the intersection of US Highway 30 and Interstate 65, a primary commercial corridor with multiple entry points.
  • Benefits from ample on-site parking, excellent signage, and exposure to over 53,000 daily drivers and abundant mall foot traffic.
  • Serves a community with $3 billion in total consumer spending within a 15-minute drive.
  • Available For Sale or For Lease.

OVERVIEW

1995 Southlake Mall offers the opportunity to acquire an open-air enclosed retail building in a high-traffic, northern Indiana location. Formerly occupied by a Carson Pirie (Carson's) big-box store, this 144,123-square-foot anchor property provides two floors of flexible space, ready for its next venture or a prime redevelopment opportunity attached to the Southlake Mall. The property features high ceiling heights, interior docking with two full bays, two elevators (one service and one passenger), and two escalators (one up and one down). Ideally situated at the confluence of US Highway 30 and Interstate 65, the Southlake Mall is within a primary commercial corridor, easily accessible to area residents and visitors with multiple points of entry and several signalized intersections. 1995 Southlake Mall benefits from ample on-site parking and excellent signage with prominent visibility to over 53,000 daily drivers and abundant foot traffic from the mall. The Southlake Mall is centered in a thriving community that supports $3 billion of total consumer spending within a 15-minute drive of the site.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Carson's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

950

LAND DETAILS

LAND ACRES

11 AC

LAND SF

479,160 SF

ZONING

Parcel 1-PUD; Parcel 2-R4

APN/PARCEL ID

45-12-23-326-003.000-046

ASK ABOUT THIS PROPERTY

Christine WeiCubeworkMore Info
219-334-2761

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Christine WeiCubeworkMore Info
219-334-2761

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.