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    OFF-MARKET
    Neighborhood centers

    3308 Western Ave, Marion, IN 46953

    29,974 SF
    Property ID
    Property summary
    AI-generated overview

    Valley View Plaza presents a unique investment opportunity in a thriving retail environment. This 29,974 square foot strip center boasts a prime location along Highway 15, the main retail corridor serving Marion and surrounding communities. The center benefits significantly from its position as a Walmart shadow center, enjoying an estimated 2.5 million annual visits generated by the adjacent Walmart. Currently, 7,725 square feet of space is available for lease, offering flexibility for a variety of businesses. The existing tenant mix includes established and successful businesses such as GameStop and AT&T, providing a strong foundation for future tenants. The high visibility and accessibility from Highway 15 ensure excellent exposure to a large customer base. This property is ideally suited for retail businesses, healthcare services, or restaurants seeking a location with proven high traffic and strong anchor tenants. The combination of a desirable location, high foot traffic, and established tenants makes Valley View Plaza an exceptional investment opportunity. The available space presents a chance to capitalize on the significant traffic generated by the Walmart shadow center and the overall vibrancy of the Highway 15 retail corridor.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 29,974 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
    • Cloud 9 (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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