21 Sep
Latitude Commercial Plays Key Role in Munster Plaza Acquisition
Munster, IN | August 2023 | Latitude Commercial recently played a pivotal role in the successful sale of Munster Plaza, a prominent retail property spanning 20,105 square feet, for a total transaction value of $2,125,000.
Situated on a spacious 1.07-acre lot in Munster, Indiana, this retail property is prominently anchored by a Papa John’s. Boasting a dual-building structure with triple net leases, this property enjoys a strategically advantageous location, adjacent to the emerging Munster South Shore train station, currently undergoing construction.
Aaron McDermott, President of Latitude Commercial, headquartered in Crown Point, represented both the buyer, McCookman, LLC, and the seller, Munster Plaza LLC, ensuring a seamless transaction. As part of its comprehensive services, Latitude’s Property Management Division will assume responsibility for property management on behalf of McCookman LLC.
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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