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Property profile & analytics
OFF-MARKET
Power centers

2563 Willowcreek Rd Portage, IN 46368

126,777 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents itself at The Meadows Shopping Center, a thriving power center located at 2563 Willowcreek Rd, Portage, IN 46368. Boasting a total of 126,777 square feet, this C1-zoned property sits on an expansive 11.8-acre lot at the high-traffic intersection of Willowcreek Road and Central Avenue. Currently, there are two available spaces ranging from 1,632 to 9,690 contiguous square feet, with a total of 12,290 square feet currently vacant. The center is anchored by Strack & Van Til and features a strong tenant mix including national brands such as Dunkin' Donuts, Family Dollar, Leslie's Pool Supplies, and Pet Supplies Plus, ensuring high foot traffic and visibility. Situated in Portage, Indiana – the largest city in Porter County and the third largest in Northwest Indiana – this location benefits from a substantial population base (approximately 37,000 residents according to the 2010 census) and its strategic proximity to Chicago (35 miles via I-80/94). Portage's robust industrial sector and recent significant developments further enhance the area's economic strength. This grocery-anchored shopping center offers an unparalleled opportunity for businesses seeking a prime retail location within a thriving community. The minimum divisible space is 1,632 square feet.

Property profile
Verified
Property type Power centers
Total area 126,777 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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