Peru Shopping Center with Walgreens
The subject property includes a freestanding Walgreens with double drive-thru located in the Peru Shopping Center complex. For nearly two decades Walgreens was an in-line tenant in the shopping center and consistently paid percentage rent. This 14,820 square foot store offers a fixed base rent that started in 2007. (25-year NNN.)Stores in this sale include Alco, Family Farm and Home and a long term lease with National City Bank ATM.
Neighboring stores include Taco Bell and a Ford Dealership.
Not shown in the footprint is a recently constructed VA Clinic in the space adjacent to Alco identified as #2. It is 10,000 ft with vacant 2,500+ ft warehouse space behind the VA with a loading dock. Additionally, a Fastenal was also built behind Autozone. A new road adjacent to the south of #4 and #5 is being constructed by the City of Peru. We will have a curb cut. The National City ATM is now operated by PNC Bank. Vacant space is being actively marketed and is located in the active and growing North Broadway (Business 31) shopping district directly off the new Indiana Hoosier Heartland Corridor Highway 24.LOCATION: 720 N Broadway Peru, IN 46970
Peru, Indiana is centrally located 69 miles from Indianapolis, 70 from South Bend, 60 miles from Fort Wayne, and 50 miles from Lafayette. Peru is the county seat of Miami County and one of the greatest economic development opportunities to come to Miami County in many years is the upgrade of US-24 to a 4-lane, limited access route from Fort Wayne to Lafayette (Hoosier Heartland Industrial Corridor). This highway project completes a triangle that links Fort Wayne (I-69), Lafayette (I-65), and Indianapolis (I-465/I-70/I-74). The investment in this transportation infrastructure addresses not only a safety issue, but creates a more competitive marketplace for industries, providing efficient linkages to suppliers and markets. In the past five years, the Peru/Miami County EDC has assisted local industry with foreign trade opportunities and with the creation of more than 1,100 new jobs. In a county of just under 35,000 people, this is a significant percentage. Working closely with state and local government, incentives were made available to various companies to enable these expansions
PHOTOS
For Sale:
Sale includes everything pictured but the Taco Bell and Autozone.
Space For Lease:
1 2,850
2 12,902
3 15,964
4 Pad – build to suit
5 Almost 43,000