22 US Highway 41 - Drug Store FOR SALE
Schererville, IN 46375 |
22 US Highway 41
Schererville, IN 46375
HIGHLIGHTS
- Schererville offers outstanding demographics with more than 180,000 residents within a five-mile radius
- Nearly seven (7) years of remaining lease term through 4/30/2031 with seven, 5-year early termination options thereafter
- Two miles east of the Illinois/Indiana border and part of the Chicago MSA
- Recently executed new 10-year lease showing strong commitment to the site
- Double net lease structure with minimal landlord responsibilities
- Outstanding retail trade area - the Walgreens is the northernmost pad site adjacent to the 153,000 SF Town Square Shopping Center
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens Investment Sale
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
15120
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
114
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
45-11-05-234-041.000-036
