1815-1955 Glen Park Ave Griffith, IN 46319
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.