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- LoopNet Team
720 N Broadway St
Peru, IN 46970
Walgreens -12+ Year Lease term/Absolute NNN · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Drive Thru
ABOUT 720 N BROADWAY ST , PERU, IN 46970
SVN | Stewart Commercial Group, LLC is pleased to exclusively market for sale a net leased Walgreens property located in Peru, IN. The property provides for zero landlord responsibilities and will be sold free and clear of debt. The in place Net Operating Income is $285,285 annually. The lease structure is true NNN and has approximately 12 1/2 years of firm term remaining. The firm term runs through 8/31/2031 with ten 5-year options thereafter. The 14,820 square foot building, constructed in 2006, features a drive-thru pharmacy and is situated on 1.44 acres. The property lies between a Taco Bell and Advance Auto on N. Broadway which is the primary retail corridor in the City.
PROPERTY TAXES
| Parcel Number | 52-08-21-400-009.002-016 | Improvements Assessment | $843,500 |
| Land Assessment | $118,500 | Total Assessment | $962,000 |
PROPERTY TAXES
