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OFF-MARKET
Retail properties & Spaces

1448 State Road 2 La Porte, IN 46350

1,400 SF 0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail outlot opportunity is located at 1448 W State Rd 2 in La Porte, Indiana, within the vibrant Maple Lane Mall. The property offers flexible space ranging from 1,400 to 65,580 square feet, situated on a 0.4-acre lot. This is a multi-tenant NNN lease opportunity, ideal for businesses seeking high visibility and strong traffic. The mall underwent a significant redevelopment and remodel in 2020, featuring a new parking lot, updated façade, and a prominent pylon sign. This revitalization project included the addition of a Rural King store, enhancing the overall appeal and drawing power of the center. Other established tenants include Dunham's Sports and Planet Fitness, with Harbor Freight slated to open soon. The location benefits from exceptional visibility and accessibility, situated at a signalized main entrance off SR 2. Daily traffic counts exceed 14,000 vehicles, and the site enjoys a substantial trade area, encompassing a population of over 70,000 within a 10-mile radius. Pylon signage is available for increased brand awareness. This is a prime opportunity to establish a thriving business in a thriving retail environment. The property's zip code is 46350, and it is located in LaPorte County, Indiana.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,400 SF
Lot 0.4 ac (17,424 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
Current use
Occupant on record · Public records
  • Dunham's Sports (Bike/Boat/Book/etc) Store
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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