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Signalized-Corner Shopping Center
For Sale
Contact for pricing
Pending

330 Ridge Rd, Munster, IN 46321

Multi-tenant retail center with established occupancy, national tenants, and four available spaces.

Property Size36,307 SF
Lot Size4.43 Acres
Days on Market141

Property Features for 330 Ridge Rd

General Information

Standard status Pending
Size 36,307 SF
Lot size 4.43 Acres
Property subtype Retail
Occupancy 79%

Site & Location

Corner Location Yes
Traffic Count 23,485 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Northmarq Capital, LLC
Listed By: Tom Fritz · License #IL 471018602
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:54AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This 36,307-square-foot shopping center occupies 4.430 acres along Ridge Road in Munster, Indiana. The property includes 11 tenants and four vacancies, with occupancy reported at 78.65%. Tenants have an average operating history of more than 15 years, and 63% are national names. Lease rollover is also a consideration, with 36% of tenants having no renewal options remaining.

The center sits at a signalized corner with 23,485 VPD and serves a dense trade area with 99,589 residents within 3 miles. Munster is located 26 miles southeast of Chicago and has a population of nearly 23,000. The property includes an Applebee's restaurant pad, which is identified as a potential future standalone sale component.

Key Highlights

  • 36,307 SF retail center on 4.430 acres
  • 78.65% occupied with 11 tenants and 4 vacancies
  • Signalized Ridge Road corner with 23,485 VPD

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Spa & Massage Center Auto Parts Store Parking Lot & Garage Storage Facility

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

23,485 VPD
Traffic count
78.7%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby
174k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 31% Groceries 24% Apparel 4%
Strack & Van Til Groceries
42,321 visits/mo 0.3 miles
McDonald's Dining
30,252 visits/mo 0.2 miles
Speedway Shops & Services
23,591 visits/mo 0.1 miles
Dollar Tree Shops & Services
17,424 visits/mo 0.4 miles
Applebee's Dining
8,356 visits/mo 0.1 miles

Demographics for 46321, IN

23,894
Population
9,786
Households
2.4
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
3,144
Density / Sq Mi
$105,764
Median Household Income
$57,796
Median Earnings
$1,480
Median Rent
$312,000
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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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with established occupancy, national tenants, and four available spaces.
Where is this shopping center located?
The property is located at 330 Ridge Rd Munster, IN.
What are key features of this property?
This property features: 36,307 SF retail center on 4.430 acres; 78.65% occupied with 11 tenants and 4 vacancies; Signalized Ridge Road corner with 23,485 VPD
More about this property
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