For Lease
$20/SF/YR

1703 Calumet Ave Valparaiso, IN 46383

Prime Valparaiso office space, multiple suites.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A commercial building, constructed in 2018, offers 11,544 square feet of versatile office space in the heart of Valparaiso. Located at 1703 Calumet Ave, near Glendale, this single-story building sits on a 1.04-acre lot and features five suites, with a large vacant end-cap space of 3,900 square feet immediately available. The minimum divisible space is 1,950 square feet, with a maximum contiguous space of 3,900 square feet. The building boasts a modern design with high ceilings and ample natural light from large windows. Amenities include 49 parking spaces and convenient access via two customer entrances and a rear door. Each suite includes private bathrooms. Previous tenants include a fitness center, highlighting the adaptability of the space. The property is situated in a thriving commercial center alongside CVS and County Market, with other established businesses such as Pinnacle Dermatology, Geitonia Greek Grill, and Nutrition Lounge. The landlord is seeking a five-year lease with a 3% annual escalator. The base rent is $20 per square foot, plus an estimated $7 per square foot for NNN expenses (CAMs, insurance, and taxes). Utilities are the responsibility of the tenant. The landlord is open to negotiating tenant improvement allowances. APN: 640913401035000004.

Highlights

  • 11,544 SF Class A office/retail building on 1.04 acres, built in 2018.
  • Single-story building with 49 parking spaces.
  • Multiple suites available, minimum 1,950 SF, maximum contiguous 3,900 SF currently vacant.
  • Located at 1703 Calumet Ave, Valparaiso, near CVS and County Market.
  • Asking rent: $20/SF + $7/SF NNN; 5-year lease with 3% annual escalator; tenant pays utilities; landlord may participate in tenant improvements.

Property Details for 1703 Calumet Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
11,544 SF
Class
A
Year Built
2018
Buildings
1
Stories
1

Unit(s) available at that property

Space
Unit E
Size
3,900 SF
Rate per SF
$20

Location Insight

City
Valparaiso
County
Porter
State
Indiana
Latitude
41.484435471352
Longitude
-87.052529865013

FAQs

What type of property is this?
Retail property - Prime Valparaiso office space, multiple suites.
Where is the retail property located?
The property is located at 1703 Calumet Ave Valparaiso, IN.
What is the lease rate?
The lease rate is $20/SF/YR.
What are key features of this property?
This property features: 11,544 SF Class A office/retail building on 1.04 acres, built in 2018.; Single-story building with 49 parking spaces.; Multiple suites available, minimum 1,950 SF, maximum contiguous 3,900 SF currently vacant.
How can I contact the broker?
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1703 Calumet Ave
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