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Property profile & analytics
OFF-MARKET
Neighborhood centers

1815-1955 Glen Park Ave Griffith, IN 46319

40,390 SF Built 1997
Property ID
Property summary
AI-generated overview

Invest in this exceptional retail opportunity at Griff-land Plaza, a 40,390 square foot strip center located at 1815-1955 W Glen Park Ave in Griffith, Indiana, 46319. This well-established center boasts a strong tenant mix including Midwest Express, State Farm, Heights Finance, Dennis Uniform, and Edward Jones, ensuring a vibrant and thriving commercial environment. Currently, there are two available spaces ranging from 2,000 to 2,340 contiguous square feet, with a total of 4,340 square feet of vacant space. The property sits on a 4.82-acre lot and was built in 1997, zoned B-3. Its strategic location on Glen Park Avenue (45th Street) provides excellent visibility and accessibility, just three miles east of Indianapolis Boulevard and minutes from I-80/94 and Route 41, guaranteeing high traffic counts. Prominent signage opportunities are available for tenants. Griffith, a rapidly growing town in Lake County, is part of the Chicago metropolitan area, offering a strong market for retail businesses. The property's minimum divisible space is 2,000 square feet, making it ideal for a variety of retail uses. This is a rare opportunity to secure a prominent retail presence in a thriving community.

Property profile
Verified
Property type Neighborhood centers
Year built 1997
Total area 40,390 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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