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9616 Calumet Ave
Munster, IN 46321

$1,385,000 USD

General Retail For Sale  •  3,520 SF

Property Details

  • Property Type General Retail
  • Total Building Size 2,058 SF
  • Lot Size 0.49 AC
  • Year Built 1999
  • Cap Rate 6.50 %
  • Zoning R33
0 Transit Score
32 Walk Score

Highlights

Listed for $1,385,000 yielding a cap rate of 6.50%.
Long-term Lease of ±18 years demonstrates commitment to the site.
Absolute NNN Lease has zero landlord responsibilities.
Growing Operator – Valvoline is an actively growing franchisee with more sites set to open soon.
Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
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 Flyers

Cap Rate: 6.50 %

Public Transportation

Commuter RailDriveWalkDistance
Dyer Amtrak (Cardinal - Amtrak) 5 min - 2.1 mi
AirportDriveWalkDistance
Chicago Midway International 43 min - 28.5 mi
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services