Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3308 Western Ave Marion, IN 46953

    Sponsored
    For Lease
    Contact for pricing

    Walmart shadow center; high traffic, Hwy 15

    Lot size:
    29,974 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Valley View Plaza presents a unique investment opportunity in a thriving retail environment. This 29,974 square foot strip center boasts a prime location along Highway 15, the main retail corridor serving Marion and surrounding communities. The center benefits significantly from its position as a Walmart shadow center, enjoying an estimated 2.5 million annual visits generated by the adjacent Walmart. Currently, 7,725 square feet of space is available for lease, offering flexibility for a variety of businesses. The existing tenant mix includes established and successful businesses such as GameStop and AT&T, providing a strong foundation for future tenants. The high visibility and accessibility from Highway 15 ensure excellent exposure to a large customer base. This property is ideally suited for retail businesses, healthcare services, or restaurants seeking a location with proven high traffic and strong anchor tenants. The combination of a desirable location, high foot traffic, and established tenants makes Valley View Plaza an exceptional investment opportunity. The available space presents a chance to capitalize on the significant traffic generated by the Walmart shadow center and the overall vibrancy of the Highway 15 retail corridor.

    Property Features for 3308 Western Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,974 SF

    Unit(s) available at that property

    Space
    Building A AVAILABLE (1)
    Size
    1,725 SF
    Space
    Building B AVAILABLE (2)
    Size
    1,500 SF
    Space
    Building B AVAILABLE (3)
    Size
    1,200 SF
    Space
    Building B AVAILABLE (4)
    Size
    1,200 SF

    HighLights

    • High‑traffic Walmart shadow center with 2.5 million annual visits.
    • Excellent visibility and accessibility on Highway 15 retail corridor.
    • Strong tenant mix anchored by GameStop and AT&T.
    • 29,974 total square feet.
    • 7,725 square feet currently vacant.
    • Four spaces available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cloud 9 Vaporizer Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.676441722525
    Latitude
    40.531499294195

    Nearby Similar for Lease

    • $1.00 SF/Yr
      2,940 SF

      Retail and Service Space Available

      Retail and service area with overhead door in rear.
      2021 S Western Ave, Marion, IN 46953
      View Details
    • $3,000 /Mo
      4,600 SF

      Mixed-Use Property in Marion, Indiana

      Mixed-use property with office spaces available for lease in Marion.
      3742 S Western Ave, Marion, IN 46953
      View Details
    • $1,250 /Mo
      2,500 SF

      Marion Mixed-Use Open Space Unit

      Mixed-use open space unit available for rent in Marion.
      2221 Westwood Sq, Marion, IN 46952
      View Details
    • $15 SF/Yr
      3,763 SF

      Move-In Ready Office Space

      Well-equipped office space with ample parking in Marion, Indiana.
      1119-1127 N Western Ave, Marion, IN 46952
      View Details
    • Contact for pricing
      1 SF

      Panda Express Excess Land For Lease

      Retail lot, 0.8 acres, Grant County.
      4012 Western Ave, Marion, IN 46953
      View Details
    • Contact for pricing
      6,008 SF

      Marion Retail Space - Prime Location

      6,008 SF Retail Space, Ample Parking
      3220 Washington St, Marion, IN 46953
      View Details
    • Contact for pricing
      672 SF

      Marion Retail Space: Lease or Buy

      Prime Marion, IN retail space: 672 sq ft, 0.25 acre lot.
      701 Baldwin Ave, Marion, IN 46953
      View Details
    • $12 SF/Yr
      15,700 SF

      Marion Retail Space - Western Ave

      Prime Retail/Office Space Available in Marion, IN
      3700 Western Ave, Marion, IN 46953
      View Details
    • $8 SF/Yr
      10,600 SF

      Sparta Square Executive Offices

      Marion, IN: Prime Office Space Available
      1001 Western Ave, Marion, IN 46952
      View Details
    • $5 SF/Yr
      45,936 SF

      Industrial Property with Heavy Power

      Move-in ready industrial space with heavy power and truck docks.
      2703 W 9Th St, Marion, IN 46953
      View Details
    • $9 SF/Yr
      27,925 SF

      Five Points Mall Retail Space

      Prime Marion, IN retail space available.
      1128 Baldwin Ave, Marion, IN 46952
      View Details
    • $12 SF/Yr
      2,046 SF

      Retail Space on South Western

      Retail space with high visibility and solid traffic counts.
      3016 S Western Ave, Marion, IN 46953
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Walmart shadow center; high traffic, Hwy 15
    Where is this neighborhood center located?
    The property is located at 3308 Western Ave Marion, IN.
    What are key features of this property?
    This property features: High-traffic Walmart shadow center with 2.5 million annual visits.; Excellent visibility and accessibility on Highway 15 retail corridor.; Strong tenant mix anchored by GameStop and AT&T.
    Request Owner's contact information
    3308 Western Ave Marion, IN 46953
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3308 Western Ave
    Marion, IN 46953
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3308 Western Ave Marion, IN 46953
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.