22 US Highway 41 | Schererville, IN 46375
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
22 US Highway 41
Schererville, IN 46375
Walgreens Investment Sale · Retail Property For Sale
Investment Highlights
- Schererville offers outstanding demographics with more than 180,000 residents within a five-mile radius
- Two miles east of the Illinois/Indiana border and part of the Chicago MSA
- Double net lease structure with minimal landlord responsibilities
- Nearly seven (7) years of remaining lease term through 4/30/2031 with seven, 5-year early termination options thereafter
- Recently executed new 10-year lease showing strong commitment to the site
- Outstanding retail trade area - the Walgreens is the northernmost pad site adjacent to the 153,000 SF Town Square Shopping Center
Property Facts
Property Type
Retail
Property Subtype
Building Size
15,120 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.73 AC
Zoning
R33
Parking
114 Spaces (7.54 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 45-11-05-234-041.000-036 | Improvements Assessment | $1,674,100 |
| Land Assessment | $1,179,000 | Total Assessment | $2,853,100 |
Property Taxes
Parcel Number
45-11-05-234-041.000-036
Land Assessment
$1,179,000
Improvements Assessment
$1,674,100
Total Assessment
$2,853,100
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
