3603 S Us Highway 41
Terre Haute, IN 47802
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 3603 S US HIGHWAY 41 , TERRE HAUTE, IN 47802
The subject is an absolute triple net leased Walgreens Pharmacy investment property in Terre Haute, Indiana, a vibrant, county seat home to two major universities Indiana State University & the prestigious Rose Hulman Institute of Technology, the #1 engineering school in the United States for twenty-one consecutive years. The site is located less than ½ mile from Interstate 70 & is a primary drugstore serving Terre Haute Regional Hospital. The property is leased on an absolute triple net basis, offering an incoming investor ease of ownership with zero landlord responsibilities. The tenant is directly responsible for all operating/maintenance costs, insurance and real estate taxes as well as the roof and structure of the building. The firm term lease extends through January 2029 with eight five-year renewal options remaining thereafter. Walgreens is one of the largest pharmacy companies in the world with over 13,000 locations and an investment grade corporate credit rating through Standard Poor’s and Moody’s.
PROPERTY TAXES
| Parcel Number | 84-09-04-376-010.000-004 | Improvements Assessment | $764,300 |
| Land Assessment | $507,900 | Total Assessment | $1,272,200 |
