1337 Calumet Ave - Auto Repair FOR SALE
Whiting, IN 46394 |
$1,796,205 USD
770-672-5931
1337 Calumet Ave
Whiting, IN 46394
HIGHLIGHTS
- Absolute Triple Net (NNN) Lease With Over 8 Years Remaining and Zero Landlord Responsibilities
- Attractive Annual Rent Increases
- Corporate Backed Lease By Monro Inc. - Publicly-Traded on the NASDAQ
- The Tenant Recently Extended the Lease For an Early 10- Years in December 2021, Showing Commitment to a Site
- Located 17-Miles From Chicago With Over 144,854 Residents Living Within a 5-Mile Radius
- Nearby Tenants Include: Dollar Tree, Family Dollar, ALDI, Subway, Burger King, McDonald’s, Walmart Supercenter, Ross, Starbucks, Taco Bell and More
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,012 SF Car-X Tire & Auto Located at 1337 Calumet Avenue in Whiting, IN. This Deal Includes an Absolute Triple Net (NNN) Lease With Over 8 Years Remaining and Zero Landlord Responsibilities With Attractive Annual Rent Increases, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
FOR SALE DETAILS
PRICE
$1,796,205 USD
PRICE/SF
$358 USD /SF
CAP RATE
7.05%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Car-X Tire & Auto - Whiting, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Dealership, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,760 SF
ZONING
-
APN/PARCEL ID
45-03-06-301-005.000-023
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770-672-5931
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