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Schererville, IN - Peoples Bank

$4,816,000

141 W. Lincoln Highway, Schererville, IN

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

Map:
Location
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