True
Space Available For Lease 1
5194 |
Office/Retail space. Estimated NNN $4.00/SF plus utilities, trash and janitorial.
David A. Lasser
Commercial In-Sites |
Contacts
Commercial In-Sites
Property Details
- Property Type Retail - Street Retail
- Property Size 11,704 SF
- Lot Size 4.96 Acre
- Property Tenancy Multi-Tenant
- Year Built 2006
- Date Updated Feb 11, 2026
Reach out to the broker for more info on lease terms and amenities
Getting around
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40/100
Walk Score ®
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34/100
Bike Score ®
Location
- City Hobart, IN
- Zip Code 46342
- Market Chicago
Points of Interest
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Gary Metro Center
9.78 miles
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Speedway
0.75 miles
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Sam's Club
1.30 miles
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BP
2.18 miles
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Costco Gasoline
2.54 miles
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Luke
3.02 miles
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Family Express
3.18 miles
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Marathon
3.34 miles
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Tesla Supercharger
3.61 miles
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AmpUp
8.88 miles
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The Fieldhouse
3.78 miles
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Andrean High School parking
4.02 miles
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St. Andrean High School Parking
4.07 miles
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Accessible Parking
4.97 miles
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Employee Parking
5.31 miles
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Games
6.72 miles
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Buses and Vans
6.80 miles
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Village Mall parking
7.12 miles
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School Bus Parking
7.13 miles
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car parking
8.58 miles
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Dunkin'
1.05 miles
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Wendy's
1.13 miles
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KFC
1.18 miles
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BC Osaka
1.29 miles
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Chuck E. Cheese
1.35 miles
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Taco Bell
1.47 miles
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Firehouse Subs
1.56 miles
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Buffalo Wild Wings
1.60 miles
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Red Robin
1.65 miles
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Chili's
1.69 miles
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Big Lots
1.17 miles
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Walmart Supercenter
1.40 miles
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Target
1.52 miles
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Ross
1.64 miles
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Southlake Mall
1.93 miles
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Macy's
1.95 miles
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Burlington
1.95 miles
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JCPenney
2.03 miles
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TJ Maxx
2.09 miles
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Kohl's
2.12 miles
5194 E. 81st Avenue Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at Madalyn Plaza asks $15.00/SF/YR per square foot.
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The property includes 1,600 square feet of retail space for lease. Of this total, 1,600 square feet are Street Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Commercial In-Sites