
15 Mi from S Bend Indiana Walgreens 10 CAP | 3551 Cassopolis St
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15 Mi from S Bend Indiana Walgreens 10 CAP 3551 Cassopolis St Local commercial 1 339 m² À vendre Elkhart, IN 46514 3 072 650 € (2 294,24 €/m²) Taux de capitalisation 10 %



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Walgreens has operated at this location for over 17 years with 8 years of firm lease on an absolute net lease.
- 29 hotels within a 1-mile radius of the property (2,056 rooms) including Garden Inn (145 rooms) and Baymont Inn & Suites (123 rooms).
- Citywide revitalization efforts include the $300M+ ASPIRE Elkhart initiative, River District transformation, and business park expansion
- In a 5 mi and 10 mi radius there is approximately 75,000 and 175,000 residents. Average HH incomes range from $70,000 to $80,000.
- Located along Elkhart’s main corridor with 24K VPD, surrounded by retailers including Walmart, Meijer, Lowe’s and Menards.
- Immediate connectivity to the Indiana Toll Road (I-80/I-90) allows easy access to South Bend, Chicago, and the greater Midwest.
RÉSUMÉ ANALYTIQUE
We are pleased to present for sale the Walgreens property located at 3551 Cassopolis St, Elkhart, IN 46514 ("The Property"). Walgreens has operated at this location for over 17 years and currently has more than 8 years of firm lease term remaining. The lease is structured as an absolute triple net (NNN) lease, with no landlord responsibilities.
The Property is strategically positioned along Cassopolis Street (IN-19), a major north-south arterial that connects directly to the I-80/90 Indiana Toll Roa. The site benefits from 24,246 combined vehicles per day, high visibility, and convenient ingress/egress. This corridor serves as a primary commercial hub in Elkhart, surrounded by established national retailers including Walmart Supercenter, Meijer, Lowe’s and Menards.
Elkhart is currently undergoing a major revitalization, with more than $300 million in public and private investment committed to infrastructure, housing, and mixed-use development. Key initiatives include the ASPIRE Elkhart plan, the River District transformation, and ongoing business park expansions—all of which contribute to the city’s growing economic base and long-term sustainability.
The property also benefits from its proximity to 29 hotels within a 1-mile radius (2,056 rooms), including Garden Inn (145 rooms), Baymont Inn & Suites (123 rooms), and Daylite Inn (120 rooms). Located just 1.5 miles north, Simonton Lake spans over 300 acres and is a well-known year-round destination for boating, fishing, and recreation, drawing thousands of visitors annually.
Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, IN DRE Lic. RB14037939.
The Property is strategically positioned along Cassopolis Street (IN-19), a major north-south arterial that connects directly to the I-80/90 Indiana Toll Roa. The site benefits from 24,246 combined vehicles per day, high visibility, and convenient ingress/egress. This corridor serves as a primary commercial hub in Elkhart, surrounded by established national retailers including Walmart Supercenter, Meijer, Lowe’s and Menards.
Elkhart is currently undergoing a major revitalization, with more than $300 million in public and private investment committed to infrastructure, housing, and mixed-use development. Key initiatives include the ASPIRE Elkhart plan, the River District transformation, and ongoing business park expansions—all of which contribute to the city’s growing economic base and long-term sustainability.
The property also benefits from its proximity to 29 hotels within a 1-mile radius (2,056 rooms), including Garden Inn (145 rooms), Baymont Inn & Suites (123 rooms), and Daylite Inn (120 rooms). Located just 1.5 miles north, Simonton Lake spans over 300 acres and is a well-known year-round destination for boating, fishing, and recreation, drawing thousands of visitors annually.
Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, IN DRE Lic. RB14037939.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 339 m²
Classe d’immeuble
C
Année de construction
2008
Prix
3 072 650 €
Prix par m²
2 294,24 €
Taux de capitalisation
10 %
RNE
307 265 €
Occupation
Mono
Hauteur de l’immeuble
1 Étage
Dalle à dalle
2,44 m
Coefficient d’occupation des sols de l’immeuble
0,28
Surface du lot
0,47 ha
Zonage
ZO01
Stationnement
44 Espaces (32,85 places par 1 000 m² loué)
Façade
CARACTÉRISTIQUES
- Intersection avec signalisation
- Service au volant
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PRINCIPAUX COMMERCES À PROXIMITÉ










TAXES FONCIÈRES
Numéro de parcelle | 20-02-20-203-001.000-027 | Évaluation des aménagements | 1 311 231 € |
Évaluation du terrain | 325 789 € | Évaluation totale | 1 637 020 € |
TAXES FONCIÈRES
Numéro de parcelle
20-02-20-203-001.000-027
Évaluation du terrain
325 789 €
Évaluation des aménagements
1 311 231 €
Évaluation totale
1 637 020 €
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15 Mi from S Bend Indiana Walgreens 10 CAP | 3551 Cassopolis St
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