Retail Business for Sale in Valparaiso, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Valparaiso, IN 46383

Description

This offering features a brand-new 15-year absolute triple-net lease to Dutch Bros to commence by May 2026, with zero landlord responsibilities. As of April 8th, construction is near completion. The lease provides scheduled rental increases during the option periods and includes four, five year renewal options. It is corporately guaranteed by Boersma Bros, LLC, providing strong credit support for a rapidly expanding tenant operating 1,081 locations and projected to grow to 2,029 shops by 2029. The property is a Target outlot within Valparaiso Market Place, a top 5 percent nationally ranked shopping center attracting 5.1 million annual visitors, and is in extremely close proximity to Valparaiso University, home to approximately 2,451 undergraduate and graduate students. The site benefits from excellent visibility and access along Laporte Avenue (18,984 vehicles per day) and in close proximity to State Road 49 (33,547 vehicles per day). The subject property also offers a strong competitive advantage, most Dutch Bros stores are roughly 950 square feet, this location is 2,454 square feet. The asset is positioned in an affluent and growing trade area with $115,087 average household incomes, 45,080 employees within three miles, and strong historical and projected population growth. Investment Highlights: • Brand New 15-Year Absolute Triple-Net Dutch Bros | Zero Landlord Responsibilities • Corporately Guaranteed by Boersma Bros, LLC • Dutch Bros is a Rapidly Expanding Brand with 1,081 Locations and is Projected to Grow to 2,029 Shops by 2029 • Target Outlot | Part of Valparaiso Market Place Shopping Center, which Ranks in the Top 5 Percent of Shopping Centers Nationwide by Visits (5.1 Million Annual Visitors) • Surrounded by Top-Ranked Shopping Centers Attracting Millions of Visitors | One Mile from the Valparaiso University Campus • Average Household Income of $115,087 within a Five-Mile Radius

Market Context

This retail in Valparaiso, IN is listed for sale. It is offered at an approximate 5.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Valparaiso, IN — <a href="/search/sale/retail/indiana/valparaiso">view the full market</a>.

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