7139 Calumet Ave Hammond, IN 46324

This exceptional investment opportunity presents a fee-simple ownership of a 2,345-square-foot Circle K car wash located at 7139 Calumet Ave, Hammond, IN 46324. Built in 2012, this property boasts a 6.00% cap rate and a strong net operating income (NOI) of $199,670. The property sits on a 0.43-acre lot with 15 parking spaces and is zoned C4. The single-tenant building enjoys a 100% occupancy rate with a corporate guarantee from Circle K, a highly reputable national brand. The lease is an absolute NNN structure, minimizing landlord responsibilities. The current lease includes 4, 5-year options, ensuring long-term income stability and scheduled rental increases. This prime location within a dense retail corridor benefits from proximity to Purdue University Northwest and strong demographics within a 5-mile radius. The property's APN is 45-07-07-351-009.000-023. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential. The asking price is $3,328,000.