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3500 Central Ave
Lake Station, IN 46405

Walgreens 16 Year NNN Lease/Strong Sales · Retail Property For Sale

Investment Highlights

  • Walgreens (S & P BBB) Corporate Absolute NNN Lease (No Landlord Responsibilities)
  • Established Location with Strong Store Sales
  • Hard Corner Signalized Intersection with 25,194 Vehicles Per Day
  • Recent 15 Year Lease Extension Showing Strong Commitment to the Site
  • Located a Quarter Mile from the Interstate 94 Exit to Ripley Street (104,586 Vehicles Per Day)
  • Dense Demographics: 100,000+ People Located Within a 5 Mile Radius of the Property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.75 AC
Parking
86 Spaces (5.94 Spaces per 1,000 SF Leased)
Frontage
225 FT on Adam Benjamin Hwy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-09-16-151-005.000-021
Land Assessment
$930,400
Improvements Assessment
$1,604,400
Total Assessment
$2,534,800
  • Listing ID: 23223869

  • Date on Market: 5/27/2021

  • Last Updated:

  • Address: 3500 Central Ave, Lake Station, IN 46405

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