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535 N Line St
Columbia City, IN 46725
NNN Walgreens - Columbia City, IN · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.47 AC
Zoning
GB
Parking
12 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
112’ on N Line St

AMENITIES

  • Pylon Sign
  • Drive Thru

ABOUT 535 N LINE ST , COLUMBIA CITY, IN 46725

SENECA Real Estate Groupis pleased to offer for sale a NNN Walgreen's in Columbia City, Indiana. The original 25 yr. lease rent commenced on Aug. 1, 2004 and has approx 13.75 yr. remaining, with initial term expiring July 31, 2029. Walgreen's has 10 five yr. options to extend it's presence beyond the primary term at an annual rent of $290,000 or $24,166 per month. Ideal for 1031 Exchange or investors looking for passive investment. For more information, please download the OM or contact the listing agent.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
92-06-03-000-240.000-004
Land Assessment
$70,600
Improvements Assessment
$1,098,800
Total Assessment
$1,169,400
  • Listing ID: 5087471

  • Date on Market: 12/5/2016

  • Last Updated:

  • Address: 535 N Line St, Columbia City, IN 46725

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