Walgreens Absolute NNN | Kendallville, IN
7 Years of Term Remaining
Marketing description
This Walgreens investment features a corporate-guaranteed absolute NNN lease with 7 years remaining, offering complete passivity and long-term stability. The tenant has operated at this high-traffic location since 2008 and faces no nearby competition, with the nearest Walgreens over 10 miles away. Positioned along E North Street with strong visibility and over 18,000 vehicles per day, the site benefits from nearby retail drivers like Cornerstone Plaza and Publix Village Square, which attract nearly 2 million annual visitors. With a five-mile average household income of $80,851, this property combines reliability, strong demographics, and minimal competition.
Investment highlights
Absolute NNN Walgreens with 7 years of term remaining | Corporate guarantee
Tenant has been operating at this location since 2008
Limited competition | Only Walgreens location within a 10+ mile radius
Nearly 130ft of frontage along E North St which sees 18,192 vehicles per day
Situated across the street from Cornerstone Plaza which ranks in the top 20% of strip center in Indiana by visits (Placer.ai)
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
