Freestanding CVS
For Sale
Contact for pricing
Pending
3253 S Franklin Street, Michigan City, IN 46360
The property carries a single-tenant NNN lease with scheduled rent increases and no landlord responsibilities.
Property SizeContact for details
Days on Market42
Property Features for 3253 S Franklin Street
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 9:44PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This offering comprises the fee-simple interest in a freestanding CVS Pharmacy occupied by a single tenant. The property operates under an NNN lease that provides for recurring rent increases and assigns zero landlord responsibilities. The store is open 24 hours, supporting continuous retail operations at the site.
The property is located at 3253 S. Franklin Street in Michigan City, Indiana, with direct exposure to Franklin Street. Its use as a 24-hour drug store and its single-tenant lease structure define the asset’s operating profile.
The property is located at 3253 S. Franklin Street in Michigan City, Indiana, with direct exposure to Franklin Street. Its use as a 24-hour drug store and its single-tenant lease structure define the asset’s operating profile.
Key Highlights
- Freestanding CVS Pharmacy occupied by a single tenant
- NNN lease with regular rental increases
- Zero landlord responsibilities under the lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46360, IN
44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Phil's Health Mart Pharmacy — 3535 Franklin St, Michigan City, IN 46360
- CVS Pharmacy — 3253 Franklin St, Michigan City, IN 46360
- CVS — 3253 Franklin St, Michigan City, IN 46360
- Samantha Nuppnau — 3253 Franklin St, Michigan City, IN 463607005
- CVS Pharmacy — 5150 franklin st, michigan city, in 46360
Frequently Asked Questions
What type of property is this?
Drug store - The property carries a single-tenant NNN lease with scheduled rent increases and no landlord responsibilities.
Where is this drug store located?
The property is located at 3253 S Franklin Street Michigan City, IN.
What are key features of this property?
This property features: Freestanding CVS Pharmacy occupied by a single tenant; NNN lease with regular rental increases; Zero landlord responsibilities under the lease
