$2,400,000 USD
760-642-9942
2425 Cassopolis St
Elkhart, IN 46514
North Elkhart
HIGHLIGHTS
- Listed for $2,400,000 yielding a cap rate of 6.25%.
- Adjacent to Meijer Shopping Center
- New Development – built in 2025.
- Long-term lease of ±15 years demonstrates commitment to the site.
- Absolute NNN Lease has zero landlord responsibilities.
- Growing Operator – tenant is an actively growing franchisee with more sites set to open soon.
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$354 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VALVOLINE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
B-3
APN/PARCEL ID
20-02-29-251-017.000-027
ASK ABOUT THIS PROPERTY
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760-642-9942
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760-642-9942
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