For Sale

CVS Pharmacy and HealthLinc | Michigan City, IN

Asking Price: $1,670,000 | Cap Rate: 10%

  • Net Operating Income: $167,058
  • Weighted Avg. Lease Term (WALT): 4.82 Years
  • Lease Type: Net

Property Highlights

  • Strategically located near all of Michigan City’s main attractions
  • Less than 1 mile to Franciscan Health Michigan City and only 10 minutes from the brand new Franciscan Health Michigan City hospital at US 421 and I-94
  • CVS recently acquired former local Pharmacy; Very low Rent/SF cost
  • Anchor tenant Healthlinc Community Health has strong presence in NW Indiana