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Michigan City, IN NNN Properties for Sale

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Long John Silver's NNN Property
Updated: Apr 11
Long John Silver's NNN Property

212 US-20, Michigan City, IN 46360

Contact for pricing
1,880 sqft 0.95 AC lot
Long John Silver’s at 212 West U.S. 20, Michigan City, IN
Approximately 1,880 rentable SF on an estimated 0.95‑acre parcel
Subject to a long‑term 15‑year triple‑net (NNN) lease that commenced May 17, 2018
Annual rent is $38,801 under the NNN lease
Two (2) five‑year tenant renewal options
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Net-Leased Specialty Medical Office
Net-Leased Specialty Medical Office

7310 West Lincoln Highway, Crown Point, IN 46307

$2,250,000
13,380 sqft

Single-tenant outpatient medical office leased under a net structure to Franciscan Physician Network.

View details
Net Leased Auto Parts Retail
Net Leased Auto Parts Retail

504 S. Heaton St, Knox, IN 46534

$1,355,000
6,860 sqft

Fee-simple NNN property occupied by Advance Auto Parts for over 20 years with three five-year extension options.

View details
Crown Point Surgery Center Investment
Crown Point Surgery Center Investment

11450-11460 S. Broadway, Crown Point, IN 46307

$6,681,630
13,200 sqft

13,200 SF surgery center in Crown Point, Indiana.

View details
Freestanding Walgreens Investment Property
Freestanding Walgreens Investment Property

1207 S Heaton St, Knox, IN 46534

Contact for pricing
14,259 sqft

Corporate guaranteed Walgreens with 6 years remaining on the lease.

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Michigan City, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 1,880 square feet of properties for sale.

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Demographics Overview

Population 44K
Population Growth (5Y) +0.7%
Median Household Income $59,641
College Educated 15.5%

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $45.66 per SF
Tax Rate vs County Average 0.23 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaPorte County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in LaPorte County

Office

Property Size Breakdown

The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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