Property profile

3308 Western Ave Marion, IN 46953

OFF-MARKET
Neighborhood centers
29,974 SF
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

3308 Western Ave Marion, IN 46953
Marion metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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