Laveen Spectrum Shopping Center | 100% Leased | New 2024 Construction
Laveen Village, AZ
Valparaiso Marketplace | Long Term Corporate NNN Leases
150 Silhavy Rd, Valparaiso, IN 46383
Price: $8,690,000
Status: Available
Cap Rate: 6.50%
Year Built: 2002/Ren. 2023
NOI: $564,850
Lot Size: 3.63 acres
Price Per Foot: $257
SF: 33,766
Remaining Term: Various
Lease Type: Triple-Net (NNN)
Property Intro
Lee & Associates are pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in a Valparaiso Marketplace “Subject Property”, located at 150 Silhavy Rd, Valparaiso, Indiana. Built in 2002 and renovated in 2023, the Subject Property consists of a 33,766 square foot multi-tenant buildings that resides on a 3.63-acre parcel.
investment 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 Combined Visitors Annually (Source: Placer.Ai)
- 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
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