Two-Tenant Big-Box Shopping
For Sale
Contact for pricing
10243 Indianapolis Blvd, Highland, IN 46322
Fee-simple retail property leased to Best Buy and Lynn’s Furniture in an established Northwest Indiana shopping corridor.
Property SizeContact for details
Days on Market145
Property Features for 10243 Indianapolis Blvd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Anchor Co-Tenants
Best Buy, Lynn's Furniture
Building Details
Tenancy
Multi
Listing Agency:
Pegasus Investments
(310) 969-1135
Listed By:
David Chasin · License #CA 01513027
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pegasus Investments
Investment Insights
Based on property information with market context.
This fee-simple retail asset includes the land and building for a two-tenant big-box shopping center leased to Best Buy and Lynn’s Furniture. Best Buy has operated at the property for 15+ years and recently expanded its store by more than 40% while signing a 10-year lease extension. Lynn’s Furniture recently opened at the center under a new 10-year lease after making a substantial investment in its premises.
The property is part of Highland Grove Shopping Center, a 540,000 SF+ power center in Highland, Indiana. It sits at the intersection of Main Street and US-41, which carry reported traffic volumes of 21,000 VPD and 35,000 VPD, respectively. The center recorded more than 5.4 million visitors per year according to Placer.ai and is identified in the source material as Indiana’s #2-ranked power center by visits.
The property is part of Highland Grove Shopping Center, a 540,000 SF+ power center in Highland, Indiana. It sits at the intersection of Main Street and US-41, which carry reported traffic volumes of 21,000 VPD and 35,000 VPD, respectively. The center recorded more than 5.4 million visitors per year according to Placer.ai and is identified in the source material as Indiana’s #2-ranked power center by visits.
Key Highlights
- Fee‑simple ownership includes both the land and building
- Two‑tenant center leased to Best Buy and Lynn’s Furniture
- Located within Highland Grove Shopping Center, a 540,000 SF+ power center
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Old National Bank
Shops & Services
1,936 visits/mo
0.4 miles
Auto Value
Shops & Services
323 visits/mo
0.5 miles
Demographics for 46322, IN
23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Highland Jewelry & Loan — 8929 Indianapolis Blvd, Highland, IN 46322
- Ultra Highland Plaza — 8301 indianapolis blvd, highland, in 46322
Frequently Asked Questions
What type of property is this?
Shopping center - Fee-simple retail property leased to Best Buy and Lynn’s Furniture in an established Northwest Indiana shopping corridor.
Where is this shopping center located?
The property is located at 10243 Indianapolis Blvd Highland, IN.
What are key features of this property?
This property features: Fee‑simple ownership includes both the land and building; Two‑tenant center leased to Best Buy and Lynn’s Furniture; Located within Highland Grove Shopping Center, a 540,000 SF+ power center
