Latitude Commercial recently completed the sale of a single tenant, absolute net leased Dairy Queen located at 954 Indianapolis Blvd in Hammond, IN for $2,350,000. Dairy Queen has over 19 years remaining on their Initial Lease and is well positioned near many national retail users.
Brett McDermott of Crown Point-based Latitude Commercial represented the Seller in the transaction. “This is a well-positioned asset in a very strong and growing market. The out of state investor particularly liked it being an absolute net deal with no landlord responsibilities making it an easy to manage investment.”
Latitude Commercial provides commercial real estate services such as purchasing, leasing, landlord representation, tenant representation, and commercial property management throughout the states of Illinois and Indiana. To find out how we can help you, call us today at (219) 864-0200.
