Fountain Park Shopping Center

1516-1530 US 41, Schererville, IN 46375

Property Information

  • For Lease $24.00 - $34.00/SF/YR
  • Property Type Retail - Power Center
  • Property Size 93,794 SF
  • Lot Size 6.38 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 21, 2026

Description

The subject property is located on Indianapolis Boulevard (US Highway 41) just North of US 30 in Schererville, IN Schererville is a town in St. John Township, Lake County, Indiana. It is part of the Chicago MSA. Long before Indiana became a state, long before the founding of Schererville, people called this place the "Crossroads." Many residents of Schererville commute to work in downtown Chicago due to the city's proximity. Schererville is home to one of Northwest Indiana's premiere retail trade areas.Now leasing Fountain Park in Schererville, IN. 1,630 SF former restaurant now available for lease as well as a 6,000 SF in-line retail unit available (Unit 1538). The subject property is located directly on US 41 with maximum exposure in one of the strongest trade areas in Northwest, IN. The property is located just North of US 30 and includes a strong tenant lineup, including the newest tenant Floor & Decor (Under Construction). The subject property includes Twin Peaks, Midwest Express Clinic, Ciao Bella, American Renal, Rise N Roll and more.

Highlights

  • 1,630 SF Restaurant space
  • 6,000 SF in-line retail unit available
  • Floor & Decor Coming in 2026
  • https://my.matterport.com/show/?m=xPK2TgSbYgy
  • Located in Schererville which is Northwest, IN strongest retail trade areas
  • Near US 30 & US 41 Interchange with over 82,000 Vehicles/Day
  • Strong tenant mix including Twin Peaks, Midwest Express, Rise N Roll and others

2 Spaces Available

1538 US 41

Space Type

Strip

Lease Rate

$24.00 - $28.00/SF/YR

Total Space

6,000 SF

Divisible Space

3,000 - 6,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Inline former restaurant

Space Type

Retail

Lease Rate

$34.00/SF/YR

Total Space

1,630 SF

Divisible Space

1,630 - 1,630 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Brett McDermott

Latitude Commercial

Location

Contact Listing Broker
Brett McDermott

Latitude Commercial

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