REBusinessOnline

Baum Brokers $1.4M Sale of Two-Tenant Retail Property in Indiana

Starbucks and Rosati’s Pizza occupy the property, which is located at 2160 Morthland Drive.

VALPARAISO, IND. — Baum Realty Group LLC has brokered the sale of a 3,600-square-foot retail property leased to Starbucks and Rosati’s Pizza in Valparaiso for $1.4 million. The asset serves as an outparcel to a shopping center anchored by grocer Strack & Van Til. Starbucks recently extended its lease for an additional 10 years. Patrick Forkin of Baum represented the seller, a private regional investor. The buyer was not disclosed.

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