Valvoline Auto Service
For Sale
Contact for pricing
Pending
9616 Calumet Ave, Munster, IN 46321
The property has a new 18-year lease with a Valvoline tenant.
Property Size2,058 SF
Days on Market141
Property Features for 9616 Calumet Ave
General Information
Standard status
Pending
Size
2,058 SF
Property subtype
Retail
Financials
Asking Price
$1,385,000
Cap Rate
6.5%
Site & Location
Traffic Count
41,600 vehicles/day
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Jack Kulick · License #C02126798
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 1:45AM
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 Matthews
Investment Insights
Based on property information with market context.
Located at 9616 Calumet Ave in Munster, Indiana, the property consists of an approximately 2,058-square-foot automotive service building occupied by Valvoline. A new 18-year lease is being signed, with rent-to-sales below 10% and a 6.50% cap rate.
The site is positioned along Calumet Ave, which carries approximately 41,600 vehicles per day. The property is part of the Chicago MSA and is surrounded by neighboring retail businesses. Average household income within a 5-mile radius is reported at $103,000, providing additional demographic context for the location.
The site is positioned along Calumet Ave, which carries approximately 41,600 vehicles per day. The property is part of the Chicago MSA and is surrounded by neighboring retail businesses. Average household income within a 5-mile radius is reported at $103,000, providing additional demographic context for the location.
Key Highlights
- Approximately 2,058 SF automotive service building
- New 18‑year lease with Valvoline tenant
- 6.50% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
41,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 38%
Hotels & Casinos 12%
Speedway
Shops & Services
18,506 visits/mo
0.0 miles
Red Lobster
Dining
9,773 visits/mo
0.4 miles
White Castle
Dining
5,578 visits/mo
0.0 miles
Springhill Suites Chicago Southeast/Munster, In
Hotels & Casinos
2,639 visits/mo
0.1 miles
Hyatt Place
Hotels & Casinos
2,282 visits/mo
0.3 miles
Demographics for 46321, IN
23,894
Population
9,786
Households
2.4
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
3,144
Density / Sq Mi
$105,764
Median Household Income
$57,796
Median Earnings
$1,480
Median Rent
$312,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Valvoline Instant Oil Change — 9616 Calumet Ave, Munster, IN 46321
- Gerber Collision & Glass — 490 45th St, Munster, IN 46321
- Munster Auto Glass & Windshield Replacement — 751 45th st, munster, in 46321
Frequently Asked Questions
What type of property is this?
Auto shop - The property has a new 18-year lease with a Valvoline tenant.
Where is this auto shop located?
The property is located at 9616 Calumet Ave Munster, IN.
What are key features of this property?
This property features: Approximately 2,058 SF automotive service building; New 18‑year lease with Valvoline tenant; 6.50% cap rate
