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Valparaiso Retail Development Opportunity
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610 Porters Vale Blvd, Valparaiso, IN

Retail development opportunity in Valparaiso's premiere power center.

Space Size23,000 SF
Lot Size0.52 Acres
Days on Market1074

Property Features for 610 Porters Vale Blvd

General Information

Standard status Active
Size 23,000 SF
Lot size 0.52 Acres
Property subtype RETAIL

Spaces For Lease

at 610 Porters Vale Blvd Contact us

NEC Highway 49 & Laporte Ave

Floor
Bldg
Size
23,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Valparaiso’s premiere power center located just north of the us 30/highway 49...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Campbell Wickland
Source: Moodyscre
Added: Oct 11, 2023 Changed: Sep 13 Last Checked: Sep 16 at 9:10PM

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 Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This property presents an opportunity to develop up to 65,000 square feet of retail space. It is located in Valparaiso’s premiere power center, just north of the US 30/Highway 49 interchange. The location offers up to 2.6 acres available with visibility from Highway 49 and Laporte. The property is situated just south of the newly constructed residential development, The Lakes of Valparaiso, which features 407 luxury apartments. The tenant mix includes Dick’s Sporting Goods, Cinemark, HomeGoods, and Hobby Lobby.

Key Highlights

  • Premiere power center location in Valparaiso.
  • Strong performing tenant mix including Dick’s Sporting Goods, Cinemark, HomeGoods, and Hobby Lobby.
  • Development opportunity for up to 65,000 SF of retail space.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Real Estate Agency 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping mall - Retail development opportunity in Valparaiso's premiere power center.
Where is this shopping mall located?
The property is located at 610 Porters Vale Blvd Valparaiso, IN.
What are key features of this property?
This property features: Premiere power center location in Valparaiso.; Strong performing tenant mix including Dick’s Sporting Goods, Cinemark, HomeGoods, and Hobby Lobby.; Development opportunity for up to 65,000 SF of retail space.
(630) 954-7236 Call to check price and availability
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