INVESTMENT OFFERING
SAB Capital is pleased to present Walgreens in Granger, Indiana, located within the South Bend-Mishawaka metropolitan area. The tenant, Walgreens, is subject to an absolute triple net (NNN) lease with zero landlord responsibilities. The property is strategically located about 5 miles the University of Notre Dame campus, and in a location that has about 98,000 residents in a 5 mile radius.
- Walgreens in Granger, IN | 77 Miles from Chicago
- Corporately Guaranteed Lease | Walgreen’s Has Over 8,900 Stores
- Dense, Upper-Middle Income Demographics | 96,0000 Residents with $83,000 Average Household Income in a 5 Mile Radius
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease
- High Foot Traffic Location | Ranks in 77th Percentile of Walgreens in the State With Over 179,000 Annual Visits
- Signalized Corner Location | Rt. 23 and Fir Road Sees Over 8,000 Vehicle Per Day
- Under 5 Miles from the University of Notre Dame | #19 Ranked National University With Over 8,500 Students
- Under 1 Mile from Beacon Granger Hospital | 24-Bed Acute Care Hospital
- Dense Retail Trade Area | Nearby Retailers Include CVS Pharmacy, Target, Costco, and Menards
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Walgreens | $5,400,000 | 6.02% | Absolute NNN | 14,490 | Available |
