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Portland, IN NNN Properties for Sale

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CVS Drug Store with Long-Term Lease
Updated: Apr 12
CVS Drug Store with Long-Term Lease

802 N Meridian St, Portland, IN 47371

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CVS drug store at 802 N Meridian St, Portland, IN 47371
Recent 19‑year lease extension with +/-16 years left
CVS pays property expenses directly
Recently installed roof with warranty
Sales increased about 52% since 2017
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, 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.

Red Lobster Triple-Net Restaurant
Red Lobster Triple-Net Restaurant

223 W McGalliard Rd, Muncie, IN 47303

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6,641 sqft 1.59 AC lot

Single-tenant Red Lobster on an absolute triple-net lease with 16.15 years remaining on the base term.

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Fresh Thyme Grocery Store
Fresh Thyme Grocery Store

505 West McGalliard Road, Muncie, IN 47303

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28,709 sqft

Natural and specialty grocer with multiple ingress and egress points on W McGalliard Road.

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Mission-Critical Industrial Leasehold
Mission-Critical Industrial Leasehold

1171 Grill Rd, Van Wert, OH 45891

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27,200 sqft

Fee-simple sale and leaseback of a 27,200 SF industrial facility, 100% absolute triple-net leased for 20 years with 2% annual escalations.

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Burger King Absolute NNN Lease
Burger King Absolute NNN Lease

1101 S. Shannon Street, Van Wert, OH 45891

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Single-tenant Burger King on an absolute NNN structure with tenant responsibility for maintenance, repairs, and capital components.

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Portland, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Portland, IN on our real estate platform.

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Demographics Overview

Population 12K
Population Growth (5Y) +0.9%
Median Household Income $59,215
College Educated 22.3%

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $51.89 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

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