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150 Silhavy Rd
Valparaiso, IN 46383

$8,368,148 USD

Storefront For Sale  •  33,766 SF

Property Details

  • Property Type Storefront
  • Total Building Size 33,766 SF
  • Lot Size 3.63 AC
  • Building Class A
  • Year Built 2002
  • Cap Rate 6.75 %
  • Tenancy Multiple
  • Zoning C
19 Transit Score
58 Walk Score

Highlights

Barnes & Noble / PetSmart - Strong Corporate Credit – National Retailers – Long-Term Triple-Net (NNN) Leases
Irreplaceable “A+” Location – Situated Within Two Top Ranked Regional Power Centers – Valparaiso Marketplace & Valparaiso Walk – Over 7 Million Combin
Institutional Quality Asset - No Deferred Maintenance - Recent Landlord Improvements To Roof, HVAC, Parking Lot – Brand New Loading Dock (PetSmart)
Major Retail Corridor Fed by the Interchange of State Hwy 49, Hwy 30 & Laporte Ave - Combined Traffic Counts of 78,000 VPD
Adjacent To Both Valparaiso University & Ivy Tech Community College
Valparaiso Is the County Seat For Porter County – Growing population Of Over 170,000

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Barnes & Noble 21,010 SF 4/30/2029
PetSmart 12,734 SF 6/30/2033

Amenities

  • Monument Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 165
Type: Surface
Included in Rent: Yes
Ryan Bennett 760-448-2449 Lee & Associates
Ryan Bennett 760-448-2449 Lee & Associates