• Long-term lease with recent extension | Walgreens just extended their lease early by over 7 years, bring the total remaining term to just under 12 years
• Absolute NNN lease | Zero Landlord responsibilities
• Signalized, hard corner location with excellent access and visibility from E Center Street & Argonne Rd | Combined ±28,870 VPD
• Steady sales volume and well-established location
• Site is walking distance to:
• Grace College | 2,271 students
• Lutheran Kosciusko Hospital | 72-bed hospital
• Lake City Highway which sees nearly 30,000 VPD
• A Mendards-anchored shopping center
• A Kroger-anchored shopping center
• Marketplace of Warsaw | Gabe’s and Planet Fitness-anchored shopping center
• Lake Village Shopping Center | Anchored by Rural King
• Woodland Plaza | Runnings and ALDI-anchored shopping center
• Kosciusko County Fairgrounds
• 6 different hotels/inns
• About 1.5 miles from Downtown Warsaw
• About 2.5 miles from Warsaw Community High School | 2,100+ students
• Walgreens (Nasdaq: WBA) is the largest retail health, pharmacy, and daily living destination across the U.S. and Europe | ±12,500 worldwide locations
• Generated $147B+ in FY 2024, a 6.2% increase from 2023
• Ranks #28 on the Fortune 500
• BB Credit Rating (S&P)