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MATTRESS FIRM & LENS CRAFTERS 210 Indianapolis Blvd

8,030 SF Retail Building Schererville, IN 46375 $3,680,000 ($458/SF) 7% Cap Rate

Retail Buildings Indiana Schererville 210 Indianapolis Blvd, Schererville, IN 46375

Investment Highlights

  • PRIME LOCATION: The Mattress Firm & Lens Crafter property is strategically situated on Indianapolis Boulevard, or US-41, one of the main thoroughfares
  • THRIVING RETAIL CORRIDOR PROXIMITY: Located within a thriving retail corridor, the property is surrounded by prominent national retailers.
  • EXPANDING DEMOGRAPHICS: Schererville is part of a growing market with an affluent population base.
  • STRONG NATIONAL TENANTS: The property is fully occupied by two well-established and reputable national tenants, Mattress Firm and LensCrafters.
  • NNN LEASE STRUCTURES WITH RENT INCREASES: The property features triple-net (NNN) lease agreements, where tenants are responsible for property expenses

Executive Summary

Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,030 SF
Building Class
B
Year Built
2016
Price
$3,680,000
Price Per SF
$458
Cap Rate
7%
NOI
$257,611
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.93 AC
Parking
40 Spaces (4.98 Spaces per 1,000 SF Leased)

Links

1 of 1

Nearby Major Retailers

McAlister's Deli
Steak ‘n Shake
PNC Bank
Whole Foods Market
Starbucks
Olive Garden
Mod Pizza
Jenny Craig
Carrabba's Italian Grill
Cooper's Hawk Winery & Restaurants
(773) 279-5390

Contacts

  • Listing ID: 34189631

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 210 Indianapolis Blvd, Schererville, IN 46375

The Retail Property at 210 Indianapolis Blvd, Schererville, IN 46375 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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MATTRESS FIRM & LENS CRAFTERS | 210 Indianapolis Blvd
(773) 279-5390 x

MATTRESS FIRM & LENS CRAFTERS | 210 Indianapolis Blvd

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Patrick Forkin

(773) 279-5390

(773) 279-5390

Michael Neils

(720) 800-9764

(720) 800-9764

Hogan Wierda

(773) 572-5885

(773) 572-5885

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