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5124 Pine Island Ct
Crown Point, IN 46307

$2,900,000 USD

General Retail For Sale  •  23,217 SF

Property Details

  • Property Type General Retail
  • Total Building Size 20,154 SF
  • Lot Size 2.63 AC
  • Building Class B
  • Year Built 1978
  • Tenancy Multiple
  • Zoning C-3, Highway Commercial
30 Walk Score

Highlights

Family Dollar-anchored; corporate lease to 2031 with a 9/1/26 rent step-up
Signalized hard corner on US-30 & Pine Island Dr - 43,000+ VPD (INDOT)
100% leased, predominantly NNN - expense exposure limited to the anchor
2.63-acre site, 70 parking spaces, monument sign with message board
Offered at $2,900,000 - 6.76% in-place / 7.03% Year-1 cap

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
16 min - 8.3 mi
AirportDriveWalkDistance
Chicago Midway International 58 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Carrie Austgen 219-746-3725 Austgen Real Estate, LLC
Carrie Austgen 219-746-3725 Austgen Real Estate, LLC