This Retail Property is Off-Market.

8641 Indianapolis Boulevard
Highland, IN 46322 ·

14,560 SF · Retail For Sale

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Walgreens in Highland, Indiana

Price N/A Cap Rate 6.80%
Building Size 14,560 SF Tenancy Single
Property Type Retail Year Built 2004
Property Sub-type Free Standing Bldg Lot Size 1.68 AC
Property Use Type Investment
Listing ID: 13694577 Date Created: 05/22/2003 Last Updated: 03/24/2004

Description

Property consists of a single story retail building containing 14,560 square feet on 1.68 acres of land and includes a double drive-through pharmacy. The site provides for 79 parking spaces. The property will be completed in Spring 2004 with rent commencing 60 days thereafter.THIS IS TRUE NNN. THERE IS NO DEBT IN PLACE ON THIS PROPERTY.

Property is situated in Highland, Indiana, on the Northeast corner of Indianapolis Boulevard (37,000 vpd) and Ridge Road (29,000 vpd).The property is surrounded by commercial and residential. The subject intersection is truly main and main for this city. The City of Highland is located 21 miles Southeast of Chicago in Northwest Indiana.

Highlights

  • Great for 1031 exchange
  • True 25 yr Triple Net (NNN) Lease
  • New Construction
  • A+ Credit Tenant
  • High Density Residential and Retail District

Research

8641 Indianapolis Boulevard, Highland, IN 46322 (Lake County)

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