Absolute NNN CVS
For Sale
Contact for pricing
Pending
1407 Lincolnway, La Porte, IN 46350
Established pharmacy location across from a regional hospital on Lincolnway.
Property Size13,696 SF
Days on Market142
Property Features for 1407 Lincolnway
General Information
Standard status
Pending
Size
13,696 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 13,696-square-foot CVS property has operated at the site since 2009 and is expected to begin a new 15-year lease at closing. The agreement includes an absolute NNN structure, with no landlord responsibilities, three percent rent increases between each of ten five-year renewal options, and a publicly traded CVS tenant.
The property sits on Lincolnway, La Porte’s primary retail and traffic corridor, directly opposite Northwest Health La Porte. The hospital encompasses 200,000 square feet, includes 227 beds, opened in 2020, and completed a 40,000-square-foot office expansion in January 2022. Lincolnway connects La Porte with South Bend and records daily traffic counts exceeding 25,700 vehicles. The site is also positioned at the western edge of historic Downtown La Porte, with more than 11,300 residents within one mile and over 25,200 within three miles.
The property sits on Lincolnway, La Porte’s primary retail and traffic corridor, directly opposite Northwest Health La Porte. The hospital encompasses 200,000 square feet, includes 227 beds, opened in 2020, and completed a 40,000-square-foot office expansion in January 2022. Lincolnway connects La Porte with South Bend and records daily traffic counts exceeding 25,700 vehicles. The site is also positioned at the western edge of historic Downtown La Porte, with more than 11,300 residents within one mile and over 25,200 within three miles.
Key Highlights
- 13,696‑square‑foot CVS property operating at the location since 2009
- New 15‑year lease expected to commence at close of escrow
- Absolute NNN structure with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 33%
Groceries 21%
Beauty & Spa 4%
Kroger
Groceries
33,855 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
20,499 visits/mo
0.5 miles
Starbucks
Dining
19,568 visits/mo
0.5 miles
Family Express
Shops & Services
13,560 visits/mo
0.5 miles
Wendy's
Dining
10,165 visits/mo
0.1 miles
Demographics for 46350, IN
44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Established pharmacy location across from a regional hospital on Lincolnway.
Where is this nnn property located?
The property is located at 1407 Lincolnway La Porte, IN.
What are key features of this property?
This property features: 13,696‑square‑foot CVS property operating at the location since 2009; New 15‑year lease expected to commence at close of escrow; Absolute NNN structure with zero landlord responsibilities
