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Starbucks and Rosati's Pizza 2160 Morthland Dr

3,600 SF 100% Leased Retail Building Valparaiso, IN 46385 $2,829,660 CAD ($786 CAD/SF) 7.20% Cap Rate

Retail Buildings Indiana Valparaiso 2160 Morthland Dr, Valparaiso, IN 46385

Executive Summary

Starbucks and Rosati's Pizza on an outlot of the Strak & Van Til shopping Center. With a 6.25% Cap rate the long term investment will sell fast.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
B
Year Built
2007
Price
$2,829,660 CAD
Price Per SF
$786 CAD
Cap Rate
7.20%
NOI
$203,707 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - Commercial Zoning
Parking
30 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
132 ft on Morthland Dr (US-30)

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
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Nearby Major Retailers

Starbucks
Aldi
Strack & Van Til
First Merchants Bank
Chase Bank
Anytime Fitness
Applebee's
(219) 608-0328

Contact

  • Listing ID: 33219494

  • Date on Market: 2024-09-18

  • Last Updated:

  • Address: 2160 Morthland Dr, Valparaiso, IN 46385

The Retail Property at 2160 Morthland Dr, Valparaiso, IN 46385 is currently available for sale. Contact LaPorte County Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2160 Morthland Dr, Valparaiso, IN for sale Primary Photo- Image 1 of 4
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Starbucks and Rosati's Pizza | 2160 Morthland Dr
(219) 608-0328 x

Starbucks and Rosati's Pizza | 2160 Morthland Dr

Bryon Eigenmann

(219) 608-0328

(219) 608-0328

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