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Property profile & analytics
OFF-MARKET
Lifestyle centers

6 W Hwy Portage, IN 46368

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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