7744-7860 E Ridge Rd, Hobart, IN 46342

Building Details

Tenancy Multi More

Listing Agency: Mid-America Real Estate

Listed By: Rick Drogosz · License IL #471008167 Show Phone

Source: Crexi

Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 3:35PM

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Investment Insights

Based on property information with market context.

This offering comprises three shopping center properties in Northwest and Central Indiana. Grocery tenants anchor the portfolio, alongside a mix of national and locally based shop tenants.

The identified grocery anchors are Strack & Van Til (Hy-Vee) and Save A Lot.

Key Highlights

• Three‑property shopping center portfolio
• Grocery‑anchored retail properties in Northwest and Central Indiana
• Anchors include Strack & Van Til (Hy‑Vee) and Save A Lot

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Nail Salon

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

303

Businesses Nearby

180k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 48% Groceries 21% Shops & Services 19% Apparel 7%

Strack & Van Til Groceries

37,540 visits/mo 0.2 miles

McDonald's Dining

35,246 visits/mo 0.2 miles

White Castle Dining

16,812 visits/mo 0.3 miles

Taco Bell Dining

15,323 visits/mo 0.5 miles

Dollar Tree Shops & Services

12,070 visits/mo 0.2 miles

Demographics for 46342, IN

32,540

Population

13,774

Households

2.4

Avg Household Size

40

Median Age

21%

College-Educated

93%

High-School Grad

35.0 sq mi

ZIP Area

930

Density / Sq Mi

$72,163

Median Household Income

$41,574

Median Earnings

$1,110

Median Rent

$193,400

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

• Hobart Plaza — 1617 E 37th Ave, Hobart, IN 46342
• Coinstar Kiosk | Bitcoin ATM — Strack & Van Til, 7760 E Ridge Rd, Hobart, IN 46342-2490
• North Ridge Center — 7756 E Ridge Rd, Hobart, IN 46342

Frequently Asked Questions

What type of property is this?

Shopping center - Three Indiana properties combine grocery anchors with national and local retail tenants.

Where is this shopping center located?

The property is located at 7744-7860 E Ridge Rd Hobart, IN.

What are key features of this property?

This property features: Three‑property shopping center portfolio; Grocery‑anchored retail properties in Northwest and Central Indiana; Anchors include Strack & Van Til (Hy‑Vee) and Save A Lot