8032 Calumet Ave Munster, IN 46321-1218
This freestanding restaurant building offers 2,520 square feet on a 0.77-acre lot in Munster, Indiana. Located at 8032 Calumet Avenue, this single-tenant property enjoys exceptional visibility and accessibility. The site benefits from a high volume of daily traffic, boasting proximity to a major thoroughfare, Calumet Avenue, which sees 41,381 vehicles per day. Its strategic location just south of the I-94 interchange (196,362 VPD) further enhances its appeal to potential customers. The property's advantageous position directly across from a Target store provides significant spillover traffic and exposure to a large customer base. This property is situated within a vibrant retail corridor serving Northwest Indiana, offering a strong foundation for a successful restaurant operation. The building is classified as a restaurant and is situated in Lake County, Indiana, with a zip code of 46321. The property's drive-thru feature adds significant convenience for customers. This presents a compelling investment opportunity in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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