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75 E Morthland Dr

Valparaiso, IN
Total Size
34,650 sqft
Year Constructed
Year Renovated
Building Class

About 75 E Morthland Dr

This is a wood and steel framed, steel and brick sided multi-tenant building consisting of 34,650 total SF offering up to 821' of frontage on Morthland Drive (U.S. Highway 30). Ideal for a variety of uses to include retail, office and some light industrial warehouse. Also available for lease with several options with the units available for lease offering from 1,200 SF to 24,181 SF. See Loopnet #17870464. Former tenant uses include a sign shop, dance studio, warehouse use and a current tenant is Penske. The building is located on 5.74 acres and is available for sale at $1,800,000 with an additional 10.6 acres of adjoining land available for sale at $750,000. Current zoning on both parcels is CG-Commercial General with real estate taxes for 2011 pay 2012 are $16,863.80 for the building parcel and $9,790.06 for the additional land parcel totaling $26,653.86.

Located on the south side of Morthland Drive (U.S. Highway 30) just east of the stoplight intersection of S.R. 2. The property is just 3 miles west of the S.R. 49 interchange. Well-located near restaurants, banking, shopping and just south of the Valparaiso Square. 2010 average daily traffic counts on U.S. Highway 30 at 28,600 cars per day. - Tenancy: Multiple Tenants

Internet Providers for 75 E Morthland Dr

Provider Technology Max Download Speed Max Upload Speed
Frontier North, Inc. DSL
10 Mb/s
768 kbps
Verizon DSL
1.5 Mb/s
768 kbps

The City: Valparaiso

On average, listings lease in the $10's per square foot per year. The Valparaiso region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Chicagoland market, the Valparaiso region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Valparaiso $18
Median Rate Median Size
Chicagoland $23

Median Rate over Time in Valparaiso