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2400 E Center St
Warsaw, IN 46580
Walgreens | 11.5+ Yrs NNN | No Rent Holiday · Retail Property For Sale

Investment Highlights

  • Long-term lease with recent extension | Walgreens just extended their lease early by over 7 years, bring the total term to just under 12 years
  • Signalized, hard corner location with excellent access and visibility from E Center Street & Argonne Rd | Combined ±28,870 VPD
  • Walgreens (Nasdaq: WBA) is the largest retail health, pharmacy, and daily living destination across the U.S. and Europe | ±12,500 worldwide locations
  • Absolute NNN lease | Zero Landlord responsibilities
  • Steady sales volume and well-established location

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.68 AC
Zoning
C-2 G
Parking
73 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
239’ on East Center Street

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
43-11-09-200-791.000-032
Land Assessment
$450,000
Improvements Assessment
$940,200
Total Assessment
$1,390,200
  • Listing ID: 34021839

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 2400 E Center St, Warsaw, IN 46580

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