Schererville, IN - Peoples Bank
$4,816,000
141 W. Lincoln Highway, Schererville, IN
For Sale
Retail
Active
Last Updated: 06/24/2026
7.14
Cap Rate
343,894
NOI
Details:
Cap Rate: 7.14%
NOI: $343,894
Building Size: 9,410 sqft
Lot Area: 1.1 acres
Occupancy: 100%
Year Built: 1989
Zoning: P.O. Professional Office
Floors: 2
Description:
15-Year Absolute NNN Lease | 2% Annual Increases | $2.05 Billion Asset Corporate Guaranty
• The property sits along W. Lincoln Highway (U.S. 30) — Schererville’s main commercial corridor — drawing approximately 41,900 vehicles daily
• Located within a dynamic retail corridor that features some of the biggest names in retail such as Walmart, Home Depot, ALDI, Menards, Strack & Van Til, Chase Bank, McDonald’s, Dunkin’, CVS, Walgreens, and more
• The Walmart Super Center Anchored Center ranks in the Top 10% in IN for Community Shopping Centers and has 4.8M Annual Visits per Placer.ai
• 80,300 cars per day a the nearby Intersection of W Lincoln Hwy and Wicker Ave
Location
Gallery