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3164 S Western Ave
Marion, IN 46953

$4,017,000 USD

Storefront For Sale  •  37,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 37,193 SF
  • Lot Size 4.71 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 8.25 %
  • Tenancy Multiple
0 Transit Score
42 Walk Score

Highlights

Value-Add Opportunity: Valley View Plaza is 87.1% occupied, with 4,800 square feet of shop space available to lease up.
Impressive National Tenant Line-Up with Dedication to Site: 93% of the center is occupied by national tenants
Traffic Generating Shadow Anchor & Nearby National Retailers
Prime location along the bustling Western Avenue, which sees a significant daily flow of 24,007 vehicles passing per day
New ownership will enjoy benefiting from Indiana’s low property tax expense.

Property Flyers

Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Cato
cricket
Dollar Tree
Goodwill Industries-Ind

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 183
Type: Surface
Included in Rent: Yes
Adam Foret 847-651-3697 CBRE
Adam Foret 847-651-3697 CBRE