For Sale
$4,210,000

2252 Morthland Dr Valparaiso, IN 46383

Added:
Dec 11, 2024
Days on market:
129

Highlights

  • Hy-Vee-shadow anchored retail center in NW Indiana.
  • Multi-tenant retail center and adjacent Hy-Vee grocery store available for purchase.
  • Strong tenant mix with below-market rents and near-term lease expirations.
  • Hy-Vee occupies 40% of GLA as a commissary and distribution hub.
  • Offered at $169/SF with significant income growth potential.
  • High-visibility location on US Highway 30, with 30,000 VPD.

Property Details for 2252 Morthland Dr

Property type
Lifestyle centers, Power centers
Square Feet
24,862 SF
Year Built
1994
Buildings
2
Lot Size (sq. ft)
289,238 SF
Units
11

Location Insight

City
Valparaiso
County
Porter
State
Indiana
Latitude
41.4577658
Longitude
-87.0336094
2252 Morthland Dr, Valparaiso, Indiana
Leaflet | © OpenStreetMap contributors

FAQs

Where is the lifestyle center located?
The property is located at 2252 Morthland Dr Valparaiso, IN.
What is the asking price?
The asking price for this property is $4,210,000.
What are key features of this property?
This property features: Hy-Vee-shadow anchored retail center in NW Indiana.; Multi-tenant retail center and adjacent Hy-Vee grocery store available for purchase.; Strong tenant mix with below-market rents and near-term lease expirations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2252 Morthland Dr
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