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Retail Space on US 30
For Lease
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2106 Morthland Dr, Valparaiso, IN 46383

Retail space for lease along highly traveled US 30, anchored by Staples.

Property Size7,252 SF
Days on Market736

Property Features for 2106 Morthland Dr

General Information

Standard status Active
Size 7,252 SF
Property subtype RETAIL
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Latitude Commercial
Listed By: Brett McDermott · License #RB14050416
Source: Moodyscre
Added: Jul 26, 2024 Changed: Jul 27 Last Checked: Jul 30 at 2:15PM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This retail space is available for lease in Valparaiso, Indiana. The property is positioned directly on US 30 (Morthland Drive) in a retail-focused area of Northwest Indiana.

The center is anchored by Staples and is described as being within view of many national retailers. It also sits just off IN 49 near Valparaiso University, supporting convenient access for local traffic.

Key Highlights

  • Retail space for lease in Valparaiso, IN, directly on highly traveled US 30 (Morthland Drive)
  • Anchored by Staples
  • Located just off IN 49 near Valparaiso University

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Real Estate Agency Grocery & Convenience Store Storage Facility Electrical Service

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value

Market

Lease Benchmarks for Valparaiso, IN

$21.7 /SF/Yr
Avg Asking Price
$17–$37 /SF/Yr
Price Range
2,489 SF
Avg Space Size

This space is priced 17% below the average of $21.7 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease along highly traveled US 30, anchored by Staples.
Where is this retail space located?
The property is located at 2106 Morthland Dr Valparaiso, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail space for lease in Valparaiso, IN, directly on highly traveled US 30 (Morthland Drive); Anchored by Staples; Located just off IN 49 near Valparaiso University
(219) 545-4328 Call to check price and availability
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