This freestanding Walgreens property offers a rare opportunity to acquire a long-term, absolute NNN leased asset in South Bend, Indiana. Built in 2005, the ±14,820 SF building sits on a ±2.14-acre parcel at the high-visibility intersection of West Cleveland Road and North Bendix Drive, with direct exposure to the Indiana Toll Road. The site benefits from strong traffic counts exceeding 26,000 ADT and a dense trade area of over 115,000 residents with an average household income of $76,000. The property is strategically positioned adjacent to Aldi and Goodwill, with Meijer and Super Walmart nearby, ensuring consistent consumer traffic. Walgreens, ranked among Fortune’s “World’s Most Admired Companies,” operates under a 75-year lease with an absolute NNN structure, providing investors with zero landlord responsibilities. The current lease term extends until May 31, 2080, with the next termination option in 2030, offering exceptional stability. Base rent is $26,775 per month, generating a strong NOI of $321,300 and a competitive 11.08% cap rate. This investment combines credit tenancy, long-term income security, and prime location fundamentals, making it an ideal addition to any portfolio seeking reliable cash flow and minimal management obligations.