Retail Space /IN /Lake County /Gary /2500 Grant St
Retail Space /IN /Lake County /Gary /2500 Grant St

2500 Grant St - Freestanding FOR SALE


Gary, IN 46404 | 
$3,670,000 USD
424-414-2710
2500 Grant St, Gary, IN for Sale
$3,670,000 USD
Freestanding - FOR SALE
1/23
null | 7.5% Cap Rate
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2500 Grant St
Gary, IN 46404

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HIGHLIGHTS

  • CORPORATE GUARANTEE FROM WALGREENS
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • PROXIMITY TO MAJOR TRAFFIC ARTERY
  • EXCELLENT SITE-LEVEL VISIBILITY & CONVENIENCE
  • ROBUST SALES – ABOVE NATIONAL AVERAGE
  • GARY/CHICAGO INTERNATIONAL AIRPORT

OVERVIEW

PRICING - $3,670,000 CAP RATE - 7.50% NOI - $275,000 LEASE TERM - 6.5+ YEARS GUARANTEE - CORPORATE

FOR SALE DETAILS

PRICE

$3,670,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Gary, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

R33

APN/PARCEL ID

45-08-17-426-016.000-004

ASK ABOUT THIS PROPERTY

Tony AndersonCBREMore Info
424-414-2710

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Tony AndersonCBREMore Info
424-414-2710

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