124 E North St
Kendallville, IN 46755
Walgreens · Retail Property For Sale
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
About 124 E NORTH ST , KENDALLVILLE, IN 46755
Marcus & Millichap is pleased to present this 14,820-square foot Walgreens in the town of Kendallville, Indiana. Located 22 miles north of Fort Wayne, this Walgreens has 16 years remaining in the base term of an absolute-net lease with 10, five-year renewal options. The lease is guaranteed by WalgreensCompany, the nation' s largest drugstore chain that ranks #19 in the Fortune 500 (2016). The subject property sits on East North Street, a busy retail corridor that is the main east-west thoroughfare through the town of Kendallville. Walgreens is on a signalized, hard-corner at the intersection with Main Street, the busiest intersection in town. In close proximity is a Kroger-anchored shopping center with Chase Bank and Dollar General as co-tenants. Additional major tenants in the vicinity include CVS, McDonald' s, NAPA Auto Parts, Tractor Supply Company, O' Reilly Auto Parts, Advance Auto Parts, Save-A-Lot, and many more. This Walgreens faces limited competition, as it is one of two freestanding pharmacies to serve the town of Kendallville. The next closest freestanding pharmacy is over 15 miles away.
Property Taxes
| Parcel Number | 570733440016000020 | Improvements Assessment | $1,068,400 |
| Land Assessment | $681,200 | Total Assessment | $1,749,600 |
Property Taxes
