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Shadow-Anchored Retail Plaza
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3156 South Western Ave, Marion, IN 46953

Retail center on Marion’s primary corridor, shadow-anchored by Walmart and supported by established national tenants.

Space Size4,800 SF
Days on Market97

Property Features for 3156 South Western Ave

General Information

Standard status Active
Size 4,800 SF
Class B
Property subtype Retail

Additional Details

Traffic Count 24,000 vehicles/day

Building Details

Building Size 4,800 SF
Tenancy Single

Spaces For Lease

at 3156 South Western Ave Contact us

SH1

Size
4,800 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: JCR
Listed By: Drew Briscoe · License #SP98372090
Source: Crexi
Added: Jun 1 Changed: Aug 26 Last Checked: Sep 2 at 9:27AM

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 JCR

Investment Insights

Based on property information with market context.

Valley View Plaza is a well-established retail center anchored by Walmart as a shadow anchor. The tenant mix includes Goodwill, Dollar Tree, Cato, and Cricket Wireless, reflecting long-term occupancy with average tenant stability reported at 18 years.

The property is located along Marion’s primary retail corridor on South Western Ave, where traffic counts exceed 24,000 vehicles per day. The center is positioned to serve Grant County and surrounding communities as a regional shopping draw.

For retailers seeking a proven shopping center environment, this plaza offers an existing tenant base and a format built around national and value-oriented brands. Leasing within a center that already has durable occupancy can support tenant continuity, brand adjacency, and day-to-day customer traffic from a high-visibility roadway.

Key Highlights

  • Well‑established retail center in Marion's primary retail corridor, shadow‑anchored by Walmart
  • Tenant mix includes Goodwill, Dollar Tree, Cato, and Cricket Wireless
  • Long‑term tenant stability with an average tenancy of 18 years

Property Analytics

Current Use

Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Parts Store Storage Facility Building Supply 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

24,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
251k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 30% Dining 29% Home Improvements & Furnishings 18% Shops & Services 10%
Walmart Superstores
74,530 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
28,148 visits/mo 0.3 miles
Starbucks Dining
22,782 visits/mo 0.1 miles
Taco Bell Dining
14,291 visits/mo 0.0 miles
Goodwill Apparel
12,629 visits/mo 0.1 miles

Demographics for 46953, IN

22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
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
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Similar Off Market Nearby

  • University Marketplace 4018 S Western Ave, Marion, IN 46953
  • Valley View Plaza 3228 S Western Ave, Marion, IN 46953

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center on Marion’s primary corridor, shadow-anchored by Walmart and supported by established national tenants.
Where is this shopping center located?
The property is located at 3156 South Western Ave Marion, IN.
What are key features of this property?
This property features: Well‑established retail center in Marion's primary retail corridor, shadow‑anchored by Walmart; Tenant mix includes Goodwill, Dollar Tree, Cato, and Cricket Wireless; Long‑term tenant stability with an average tenancy of 18 years
(214) 673-3577 Call to check price and availability
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