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Retail Investment Property
For Sale
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1201 E Ridge Rd, Griffith, IN 46319

For-sale retail investment offered with a stated 5.50% cap rate.

Property SizeContact for details
Days on Market121

Property Features for 1201 E Ridge Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Cade Norland · License #CA 02120126
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:40AM

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 Matthews

Investment Insights

Based on property information with market context.

This for-sale retail investment property totals 2,860 SF and is marketed with a stated 5.50% cap rate. The offering is positioned as a retail asset for buyers seeking income-oriented characteristics.

The property is located at 1201 E Ridge Rd in Griffith, IN 46319.

Key Highlights

  • Retail investment offered with a stated 5.50% cap rate
  • Building size: 2,860 SF

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Daycare Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 34% Groceries 32% Shops & Services 23% Dining 9%
Menards Home Improvements & Furnishings
26,714 visits/mo 0.3 miles
Aldi Groceries
19,461 visits/mo 0.4 miles
Family Dollar Shops & Services
6,365 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
5,587 visits/mo 0.2 miles
Restaurant Depot Groceries
5,523 visits/mo 0.3 miles

Demographics for 46319, IN

18,108
Population
7,904
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
1,886
Density / Sq Mi
$75,976
Median Household Income
$42,239
Median Earnings
$1,162
Median Rent
$194,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail investment offered with a stated 5.50% cap rate.
Where is this retail space located?
The property is located at 1201 E Ridge Rd Griffith, IN.
What are key features of this property?
This property features: Retail investment offered with a stated 5.50% cap rate; Building size: 2,860 SF
More about this property
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