9616 Calumet Ave | Munster, IN 46321
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9616 Calumet Ave
Munster, IN 46321
VALVOLINE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Listed for $1,385,000 yielding a cap rate of 6.50%.
- Absolute NNN Lease has zero landlord responsibilities.
- Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
- Long-term Lease of ±18 years demonstrates commitment to the site.
- Growing Operator – Valvoline is an actively growing franchisee with more sites set to open soon.
- Valvoline is a national leader in the quick lube industry – (NYSE: VVV); Valvoline is a Publicly Traded Company With a Market Cap of $5.73 Billion
PROPERTY FACTS
Property Type
Retail
Building Size
2,058 SF
Year Built
1999
Building Height
1 Story
Building FAR
0.10
Lot Size
0.49 AC
Zoning
R33
PROPERTY TAXES
| Parcel Number | 45-06-25-477-008.000-027 | Improvements Assessment | $236,900 |
| Land Assessment | $171,700 | Total Assessment | $408,600 |
PROPERTY TAXES
Parcel Number
45-06-25-477-008.000-027
Land Assessment
$171,700
Improvements Assessment
$236,900
Total Assessment
$408,600
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