Property Listing No Longer Available for Lease

6245 U.S. Highway 6, Portage, IN

Retail for Lease - $15.50 SqFt/Year - 10,800 SqFt Available


Property Info

CIMLS#462662
Location
  6245 U.S. Highway 6
  Portage IN 46368
UpdatedOctober 15th, 2020
TypeRetail
Price$15.50 SqFt/Year
Building10,800 SqFt

Property Description

Sublease for the former Art Van Furniture building with remaining term expiring May 31, 2027 @ $15.50/SF with 1% annual escalation. A steel and masonry building with 150' of frontage on Highway 6' 10,800 SF of open space suitable for retail/office or flex. Interior features include nice open area with small office, side shop area, one 10'x12' overhead door, central air, 400 amp, 3 phase electric. 2019 pay 2020 taxes $37,651.20 ($3.49/SF). 2019 INDOT traffic counts are 20,816 cars/day. 3.36 spaces per 1,000 square feet.

Located on the south side of U.S. Highway 6. 1/2 mile east of Willowcreek Road. 3 1/4 miles to I- 80/90. 2 miles to Rt. 51, 5 1/2 miles east of I 65, 7 mile east of County Line Road. Prime location in the heart of a major retail corridor with the site being surrounded by numerous national retailers including: Meijer, Walmart, Menard



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