Two-Tenant Retail Shopping
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150 Silhavy Rd, Valparaiso, IN 46383
Renovated retail asset occupied by PetSmart and Barnes & Noble under triple-net lease agreements.
Property Size33,766 SF
Lot Size3.63 Acres
Days on Market141
Property Features for 150 Silhavy Rd
General Information
Standard status
Active
Size
33,766 SF
Lot size
3.63 Acres
Property subtype
Retail
Additional Details
Anchor Co-Tenants
PetSmart, Barnes & Noble
Building Details
Year Built
2002
Year Renovated
2023
Buildings
1
Tenancy
Multi
Listing Agency:
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed By:
Drew Olson · License #CA 02049653
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 7:08PM
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 Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
Valparaiso Marketplace is a two-tenant retail property totaling 33,766 square feet on a 3.63-acre parcel. The asset was constructed in 2002 and received renovations in 2023. Current occupants are PetSmart and Barnes & Noble, providing an established retail tenancy within the property’s shopping-center configuration.
PetSmart occupies the property under a new 10-year triple-net lease. Barnes & Noble has operated at this location since 2002 and recently extended its lease ahead of expiration for more than five years, with contractual rent increases. Both leases are structured on a triple-net basis, supporting a clearly defined occupancy and lease profile.
PetSmart occupies the property under a new 10-year triple-net lease. Barnes & Noble has operated at this location since 2002 and recently extended its lease ahead of expiration for more than five years, with contractual rent increases. Both leases are structured on a triple-net basis, supporting a clearly defined occupancy and lease profile.
Key Highlights
- 33,766‑square‑foot two‑tenant retail property
- Situated on a 3.63‑acre parcel
- Built in 2002 and renovated in 2023
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Kohl's Order Online Kiosk — 350 Silhavy Rd, Valparaiso, IN 46383, United States
- Valparaiso Marketplace — 2410 Laporte Ave, Valparaiso, IN 46383
- Porters Vale Shopping Center — 100-710 Porters Vale Blvd, Valparaiso, IN 46383
- Quick Tag — Meijer, 405 Porters Vale Blvd, Valparaiso, IN 46383
- Coinstar — 405 porters vale blvd, valparaiso, in 46383
Frequently Asked Questions
What type of property is this?
Shopping center - Renovated retail asset occupied by PetSmart and Barnes & Noble under triple-net lease agreements.
Where is this shopping center located?
The property is located at 150 Silhavy Rd Valparaiso, IN.
What are key features of this property?
This property features: 33,766‑square‑foot two‑tenant retail property; Situated on a 3.63‑acre parcel; Built in 2002 and renovated in 2023
