Walgreens

1400 Cassopolis St Elkhart, IN 46514

1400 Cassopolis St, Elkhart, IN, 46514
Primary
1400 Cassopolis St, Elkhart, IN, 46514
FOR SALE
Property Type:
Free Standing Building
Amount:
$5,545,600
Last Verified:
May 22, 2020

Highlights

  • NNN Lease Structure | Zero Landlord Responsibilities
  • Corporate Backed Guarantee | S&P “BBB”
  • Essential Retailer | Open & Operating During Pandemic
  • 40+ Years Occupancy at the Location – Walgreens Occupied a Mid-Block Site Directly Adjacent to the Subject for Decades Prior to 2007
  • Drive-Through Equipped Site
  • Subject Property is Located on a Signalized Intersection
  • Strong Reported Sales
  • Multiple Points of Ingress & Egress
  • Original 25 Year Lease | 11.5 +/- Years Remaining on the Firm Term
  • Located on a 2.27 Acre Lot
  • Population Within a 5 Mile Radius is 102,500 +
  • Average Household Income Within a 5 Mile Radius is $62,000 +
  • Subject Property is Across the Street From North Side Middle School
  • Surrounded by Numerous Retailers: O'Reilly Auto parts, Family Dollar, AutoZone, Dollar General, CVS. Wendy's, Pizza Hut, Long John Silvers, The Salvation Army, Dairy Queen & Many More.

Description

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Year Built: 2007
Building Size: 14820.0sq ft
Lot Size: 2.27 acres

Map of 1400 Cassopolis St, Elkhart, IN, 46514

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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