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Retail Storefront on US 30
For Lease
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2106 Morthland Drive, Valparaiso, IN 46383

Ground-floor retail space for lease on heavily traveled US 30 with demising potential to multiple suite sizes.

Space SizeContact for details
Days on Market58

Property Features for 2106 Morthland Drive

General Information

Standard status Active
Property subtype Street Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1998
Listing Agency: Latitude Commercial
Listed By: Brett McDermott · License ##RB14050416
Source: Thebrokerlist
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 12 at 3:14AM

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.

Retail space is available for lease at 2106 Morthland Drive, offering 7,252 SF that can be demised to approximately 2,500 SF suites. The center is anchored by Staples, providing a strong retail base for surrounding shopping needs.

The property is located directly on US 30 (Morthland Drive) in Valparaiso, Indiana, near the junction with IN 49. Valparaiso sits at the crossroads of U.S. Route 30, State Road 2, and State Road 49, and the area includes multiple colleges and universities, including Purdue University Northwest and Ivy Tech’s regional campus presence.

This location and suite flexibility can work well for retailers looking to establish or expand in a trade area anchored by a national retailer. With visibility along US 30 and the ability to occupy smaller demised space, the offering supports a range of storefront concepts that benefit from being in a multi-tenant retail environment.

Key Highlights

  • 7,252 SF ground‑floor retail space available for lease on US 30 (Morthland Dr.) in Valparaiso, IN
  • Demise available to smaller suite sizes up to 2,500 SF
  • Building is directly on highly traveled US 30 (Morthland Dr.) near IN 49

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

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

$22.25 /SF/Yr
Avg Asking Price
$17–$37 /SF/Yr
Price Range
5,356 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space for lease on heavily traveled US 30 with demising potential to multiple suite sizes.
Where is this retail space located?
The property is located at 2106 Morthland Drive Valparaiso, IN.
What are key features of this property?
This property features: 7,252 SF ground‑floor retail space available for lease on US 30 (Morthland Dr.) in Valparaiso, IN; Demise available to smaller suite sizes up to 2,500 SF; Building is directly on highly traveled US 30 (Morthland Dr.) near IN 49
More about this property
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