diff --git a/CMakeLists.txt b/CMakeLists.txt
index 1f51fd6092b..ae14d65a1f1 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -568,7 +568,9 @@ add_subdirectory(subsys)
 add_subdirectory(drivers)
 
 # Add all zephyr modules subdirectories.
-message("Including module(s): ${ZEPHYR_MODULES_NAME}")
+if(ZEPHYR_MODULES_NAME)
+  message("Including module(s): ${ZEPHYR_MODULES_NAME}")
+endif()
 set(index 0)
 foreach(module_name ${ZEPHYR_MODULES_NAME})
   list(GET ZEPHYR_MODULES_DIR ${index} module_dir)