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Neighborhood Retail Center
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1505-1525 US Hwy 41, Schererville, IN 46375

Neighborhood retail center anchored by Walmart and Strack & Van Til on heavily traveled U.S. Hwy 41.

Space Size4,420 SF
Days on Market1190

Property Features for 1505-1525 US Hwy 41

General Information

Standard status Active
Size 4,420 SF
Property subtype RETAIL

Site & Location

Traffic Count 79,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 1505-1525 US Hwy 41 Contact us

1505 - 1525 US Hwy 41

Floor
1
Size
4,420 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Anchored by Walmart and Strack & Van Til, a popular regional grocer - Co-tenants...
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Listing Agency: DLC Management Corp - Corporate
Listed By: Josh Dreyer
Source: Moodyscre
Added: Jun 12, 2023 Changed: Sep 6 Last Checked: Sep 12 at 9:54AM

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 DLC Management Corp - Corporate

Investment Insights

Based on property information with market context.

This retail center is anchored by Walmart and Strack & Van Til and features a mix of co-tenants including Maurices, Sally Beauty Supply, and Five Guys. The property includes retail and restaurant space within the existing shopping center environment.

Located on the NE corner of U.S. Hwy 41 and U.S. Hwy 30 in Schererville, the center benefits from access to two of the most heavily-traveled arteries in northwest Indiana. Traffic is reported at 79,000 VPD.

With an income level of $106,841 within a 3-mile radius and a population of 142,313 within 5 miles, the center serves a sizable surrounding trade area.

Key Highlights

  • Neighborhood retail center anchored by Walmart and Strack & Van Til
  • Co‑tenants include Maurices, Sally Beauty Supply, and Five Guys
  • Located on the NE corner of U.S. Hwy 41 & U.S. Hwy 30 in northwest Indiana

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Storage Facility Veterinary Clinic

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

79,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby
582k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 28% Superstores 21% Groceries 14% Home Improvements & Furnishings 13%
Walmart Superstores
123,011 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
65,889 visits/mo 0.2 miles
Strack & Van Til Groceries
47,792 visits/mo 0.1 miles
Portillo's Dining
42,680 visits/mo 0.0 miles
AMC Schererville 16 Leisure
40,156 visits/mo 0.4 miles

Demographics for 46375, IN

24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Neighborhood retail center anchored by Walmart and Strack & Van Til on heavily traveled U.S. Hwy 41.
Where is this shopping center located?
The property is located at 1505-1525 US Hwy 41 Schererville, IN.
What are key features of this property?
This property features: Neighborhood retail center anchored by Walmart and Strack & Van Til; Co‑tenants include Maurices, Sally Beauty Supply, and Five Guys; Located on the NE corner of U.S. Hwy 41 & U.S. Hwy 30 in northwest Indiana
(516) 712-9711 Call to check price and availability
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