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Property profile & analytics
OFF-MARKET
Retail space

2070 Indianapolis Blvd Whiting, IN 46394-1949

1,298 SF 0.13 ac lot Built 1982
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-0874012
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of three Little Caesars franchise locations situated in high-traffic areas across Lake County, Indiana. The portfolio includes properties in Whiting (2070 Indianapolis Blvd, 46394), Hammond (6233 Hohman Ave, 46324), and Merrillville (6841 Broadway, 46410). Each location benefits from an absolute NNN lease structure, eliminating landlord responsibilities. The current lease term has five years remaining, secured by Little Caesars corporate, with a guaranteed 2% annual rent increase. The portfolio boasts a combined square footage ranging from 1,000 to 7,000 square feet and currently enjoys 100% occupancy. With a strong net operating income (NOI) of $97,143 and a compelling 5.85% cap rate, this portfolio offers a stable and attractive return on investment. The properties are available for sale as a complete portfolio or individually, providing flexibility for potential buyers. Little Caesars, the third-largest pizza chain in the United States, operates over 5,463 locations globally, demonstrating the brand's strength and market presence. This is a rare opportunity to acquire a well-established, passively managed income stream with a nationally recognized brand. The long-term commitment from Little Caesars, exceeding 24 years at each location, ensures a secure and predictable cash flow for years to come.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Construction WOOD
Total area 1,298 SF
Lot 0.13 ac (5,532 SF)
APN 45-03-07-255-029.000-025
UPID US31-0874012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Caesars Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Indy Lc Exempt LLC · 1 yrs held
Indy Lc Exempt LLC
since 2025
4 recorded transactions
2025
Price N/A
2015
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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