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3500 Central Ave
Lake Station, IN 46405
Retail Property For Sale
PROPERTY FACTS
About 3500 Central Ave , Lake Station, IN 46405
The 14,490 square foot Walgreens is conveniently located just off Interstate 94 along a primary north-south thoroughfare. The property was built in 2002 and is on a large 1.75 acre parcel at the corner of a signalized intersection (30,000+ VPD). The Walgreens property is near Virgil Bailey Elementary School and Edison Junior Senior High School (620+ students) which drives additional traffic to the store. Additionally, there are over 50,000 people living within 3 miles of the property. Walgreens has approximately four years remaining on their lease which expires April 30, 2022 and features eight 5-year renewal options. The lease is absolute triple net with zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 45-09-16-151-005.000-021 | Improvements Assessment | $1,604,400 |
| Land Assessment | $930,400 | Total Assessment | $2,534,800 |
PROPERTY TAXES
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