This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

930 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Starbucks and Rosati's Pizza 2160 Morthland Dr

3,600 SF 100% Leased Retail Building Valparaiso, IN 46385 $2,000,000 ($556/SF) 7.20% Cap Rate

Retail Buildings Indiana Valparaiso 2160 Morthland Dr, Valparaiso, IN 46383

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
$2,000,000
Price Per SF
$556
Cap Rate
7.20%
NOI
$143,980
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
1 of 1

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: 9/18/2024

  • 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.

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
2160 Morthland Dr, Valparaiso, IN for sale Primary Photo- Image 1 of 4
20240912172224154398000000-o
2160 Morthland Dr, Valparaiso, IN for sale Building Photo- Image 2 of 4
20240912172235678710000000-o
2160 Morthland Dr, Valparaiso, IN for sale Building Photo- Image 3 of 4
20240912172158856230000000-o

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link