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Valparaiso Retail Development Opportunity
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NEC Highway 49 & Laporte Ave, Valparaiso, IN

Retail space for lease in Valparaiso's power center.

Space Size1,200 SF
Lot Size28.36 Acres
Days on Market375

Property Features for NEC Highway 49 & Laporte Ave

General Information

Standard status Active
Size 1,200 SF
Lot size 28.36 Acres
Property subtype RETAIL

Spaces For Lease

at NEC Highway 49 & Laporte Ave Contact us

NEC Highway 49 & Laporte Ave

Floor
1
Size
1,200 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...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Campbell Wickland
Source: Moodyscre
Added: Aug 19, 2025 Changed: Aug 8 Last Checked: Aug 26 at 3:28PM

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 retail property is located in Valparaiso's premiere power center, situated just north of the US 30 and Highway 49 interchange. The property offers an opportunity to develop up to 65,000 square feet of retail space in front of Cinemark. The location is just south of The Lakes of Valparaiso, a newly constructed residential development featuring 407 luxury apartments. The property currently has 1,200 square feet of retail space. 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: Up to 65,000 SF of retail space available.

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,678
Businesses Nearby

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space for lease in Valparaiso's power center.
Where is this strip mall located?
The property is located at NEC Highway 49 & Laporte Ave 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: Up to 65,000 SF of retail space available.
(630) 954-7236 Call to check price and availability
More about this property
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