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1101-1111 Cumberland Xing
Valparaiso, IN 46383
3-Tenant Med-Tail Pad · Retail Property For Sale
Investment Highlights
- Class A multi-tenant retail center shadow anchored by a high traffic YMCA and positioned as a padsite to several new retail developments
- This UPS store location is ranked in the top 6% of UPS locations by annual visits (per Placer.AI)
- High leasing velocity – ownership replaced the recently vacated Marathon Health with a new dental tenant within less than 6 months
- Featuring an ideal tenant mix with 73% of the center leased to everyone’s favorite tenant type – dentists!
- Offered at an appealing basis of $287 per square foot – well below replacement cost, particularly for a high end, masonry building
- Valparaiso is an idyllic community in Northwest Indiana, known for its quality of life, desirable demographics, and high degree of affordability
Property Facts
Property Type
Retail
Building Size
5,971 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.32 AC
Parking
26 Spaces (4.35 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 64-10-07-351-011.000-004 | Improvements Assessment | $604,100 |
| Land Assessment | $140,400 | Total Assessment | $744,500 |
Property Taxes
Parcel Number
64-10-07-351-011.000-004
Land Assessment
$140,400
Improvements Assessment
$604,100
Total Assessment
$744,500
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