742 W Old Ridge Rd | Hobart, IN 46342
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
742 W Old Ridge Rd
Hobart, IN 46342
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Hard-Signalized Corner Location: Subject property sits on a hard-signalized corner at the intersection of W Old Ridge Rd & N Wisconsin St
- Essential Retailer: Drugstores are considered essential retailers and have continued to provide valuable goods and services throughout the pandemic
- Solid Store Performance: Tenant reported growing store performance year-over-year for the past 3 three years (Inquire with Broker for details)
- Credit Tenant: Walgreens Co. (NASDAQ: “WBA”) guarantees the lease with a $37B market capitalization
- Recent Renovations: The property’s roof and parking lot were recently re-coated and re-surfaced in 2020, and include a roof warranty until 2030
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.57 AC
Zoning
R33
Parking
76 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 45-09-30-402-039.000-018 | Improvements Assessment | $1,695,400 |
| Land Assessment | $670,000 | Total Assessment | $2,365,400 |
PROPERTY TAXES
Parcel Number
45-09-30-402-039.000-018
Land Assessment
$670,000
Improvements Assessment
$1,695,400
Total Assessment
$2,365,400
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
