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8032 Calumet Ave
Munster, IN 46321
Dutch Bros · Retail Property For Sale
Investment Highlights
- No Landlord Responsibilities: Absolute NNN Ground Lease
- Corporate Guaranty: Boersma Bros, LLC (NYSE: BROS)
- Redevelopment Potential: Larger 2,680 SF drive-thru building offers greater reuse potential and a competitive rent PSF
- Initial Lease Term: Newly Renovated with a Rare 20-Year Lease
- Great Location: On Calumet Ave. (43,537 VPD) and across from Target
- Retail Corridor: Target, Staples, Dollar Tree, Burger King, Taco Bell, Wendy's, Starbucks, Arby's, Panera, Chipotle, Five Guys, Jersey Mikes, Dunkin',
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,680 SF
Building Class
C
Year Built/Renovated
1995/2026
Price
$5,102,078 CAD
Price Per SF
$1,903.76 CAD
Cap Rate
5%
NOI
$255,104 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 45-06-13-484-018.000-027 | Improvements Assessment | $725,874 CAD |
| Land Assessment | $984,149 CAD | Total Assessment | $1,710,023 CAD |
Property Taxes
Parcel Number
45-06-13-484-018.000-027
Land Assessment
$984,149 CAD
Improvements Assessment
$725,874 CAD
Total Assessment
$1,710,023 CAD
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