18 Aug
Latitude Commercial Facilitates Purchase of Two New Investment Properties
Crown Point, IN | August 12, 2022 | Latitude represented Beacon Street Properties in the purchase of two fully leased commercial properties with a combined square footage of 23,988 for $3,075,000.
The first property was built in 1991 and is situated on 1.6 acres. The center is 100% occupied and anchored by O’Reilly Auto Parts. It is located along N. Main St. in Crown Points major throughway. The property is a few hundred feet from the signalized intersection of Main & Summit, which combine to see over 26,955 vehicles per day.
The second property is a highly visible, well maintained Class B Office Building located at 20 E US Highway 30 in Schererville. The two-story property is approximately 12,022 SF and sits on 1.59 acres of land. The center is also 100% occupied and anchored by Century 21 Affiliated.
Aaron McDermott, President at Crown Point based Latitude Commercial, represented the buyer, Beacon Street Properties on both purchases.
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.
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