•Only pharmacy open on Weekends in Elkhart and only store open until 10 PM.
•According to Placer.Ai, this store ranks first in foot traffic among the three other Walgreens locations in a 5-mile radius.
•The property benefits from its position in a robust retail corridor, surrounded by 1.3 million square feet of retail space within a 1-mile radius.
•The subject property is 2.5-miles from Elkhart General Hospital, a 374-bed facility employing 2,000 people.
•Elkhart recently received a $9.5 million READI 2.0 grant—the largest in the South Bend-Elkhart region—to fund 284 residences, 60,000 square feet of office and retail space, and over $1 million in public art in its Downtown River District area.
•Buyer may assume the current in place financing with a 3.89% rate and a balance of $3,477,344 as of March 2025. Cash required for down payment is $600,444 and the annual cash flow after debt service is $8,454. There is a one percent (1%) assumption fee paid by buyer. Loan due date is 12/18/2030.
Listed in conjunction with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, IN DRE Lic. RB14037939