6 W Hwy Portage, IN 46368
- Lifestyle centers
Current Use by Public Records
- Lifestyle centers
Property Details for 6 W Hwy
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 55,000-square-foot shopping center in Portage, Indiana, presents a unique investment opportunity. Located on W U.S. Hwy 6 in Porter County (zip code 46368), this single-story, five-unit retail center enjoys a highly visible location directly adjacent to a Walmart. The property is fully improved with all utilities in place, and features off-site water retention, making it shovel-ready for immediate occupancy. Currently vacant, this property is zoned for retail use and is offered as an outright sale or as a build-to-suit opportunity for a credit-worthy tenant. The property operates under a Net Net Net (NNN) lease structure. This is the last available parcel in Portage's thriving retail district, offering unparalleled access to a dense consumer base. The ground lease is in place. No tenant credit rating is currently available. This presents a rare chance to acquire a prime retail location with significant potential for growth and return on investment. The property's strategic location and turnkey condition make it an ideal choice for both owner-users and investors seeking a high-impact retail presence in a dynamic market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1802
- Latitude
- 41.5504
