630-368-8609
2109 Southlake Mall, Merrillville, IN for Sale
Department Store - FOR SALE
1/10
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2109 Southlake Mall
Merrillville, IN 46410


HIGHLIGHTS

  • The vacant Sears box is in a robust retail node, with over 1.6 million square feet of commercial retail space anchored by Southlake Mall
  • At 98% occupied and with over 90 tenants, the mall serves as a model destination for consumers, and retailers in the area.
  • The vacant Sears box at Southlake Mall is conveniently located next to interstate-65 (103,256) and Route 30 (61,754 VPD)
  • Flexible Zoning Ordinance and REA 
  • The vacant Sears box is being offered free and clear of existing debt obligations.
  • National retailers in the immediate area are H&M, Target, Home Depot, Walmart, PetSmart, JoAnn, Lowe’s Improvement, Costco, H&M, and Ashley Homestore.

OVERVIEW

The vacant Sears box is in a robust retail node, with over 1.6 million square feet of commercial retail space anchored by Southlake Mall, an 811,835 square feet regional shopping mall with two department stores open and operating: JCPenney, Kohl’s. At 98% occupied and with over 90 tenants, the mall serves as a model destination for consumers, and retailers in the area. With over 6.5M visits in the past 12 months, the mall continues to obtain high volumes of shoppers, drawing the attention of many retailers in the area.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Sears at Southlake Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

1264

LAND DETAILS

LAND ACRES

17.5 AC

LAND SF

762,300 SF

ZONING

PUD

APN/PARCEL ID

45-12-23-326-004.000-046

ASK ABOUT THIS PROPERTY

Adam ForetCBREMore Info
630-368-8609

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Adam ForetCBREMore Info
630-368-8609

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