Madalyn Plaza

5194 E. 81st Avenue, Hobart, IN 46342

Property Information

  • For Lease $15.00/SF/YR
  • 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

Description

Located on the northside of U.S. Highway 30 just 3 miles east of the I-65 interchange between Clay Street and Grand Boulevard. This property is surrounded by a retail trade area of approximately 6 million square feet, including Team Honda, Walmart, Sam's Club, Albanese Nut and Candy, Olive Garden and the Southlake Shopping Mall. 2024 INDOT traffic counts 37,025 cars/day on U.S. Highway 30.This is a four building retail/flex complex offering easy access on U.S. Highway 30 at a median cut. Located in the City of Hobart with a Merrillville mailing address. Come join existing tenants Army National Guard Recruiting, Kumon, Real Space and GOE Fitness at the Madalyn Plaza. The property has great lighted pylon signage and ample parking. One available retail unit. RETAIL: One 1,600 SF office/retail space fronting U.S. Highway 30. This can be leased alone or along with one of the three rear warehouse units available for lease.

1 Space Available

5194

Space Type

Street Retail

Lease Rate

$15.00/SF/YR

Total Space

1,600 SF

Divisible Space

1,600 - 1,600 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Office/Retail space. Estimated NNN $4.00/SF plus utilities, trash and janitorial.

Contacts

David A. Lasser

Commercial In-Sites

Location

Contact Listing Broker
David A. Lasser

Commercial In-Sites

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