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Corner Walgreens Drugstore
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8930 Calumet Ave, Munster, IN 46321

Corner Walgreens with reported $3.7M in 2021 sales and strong daily traffic counts, adjacent to a 458-bed community hospital.

Property SizeContact for details
Days on Market121

Property Features for 8930 Calumet Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 38,000 vehicles/day
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Deerfield Partners

Investment Insights

Based on property information with market context.

This corner Walgreens drugstore is positioned to serve steady neighborhood demand and drive-by exposure. Public remarks indicate the store reported over $3.7 million in sales for 2021, reflecting established retail performance.

The location is described as having over 38,000 vehicles per day and sits adjacent to a 458-bed, multi-service community hospital. Average household incomes within one mile are reported at $110,000.

The offering is presented with a preferred five-year option structure and a full Walgreens guaranty. The seller also frames the asset as suitable for a 1031 exchange.

Key Highlights

  • Corner Walgreens with strong reported sales volumes, including over $3.7M in sales for 2021
  • High traffic location with over 38,000 vehicles per day
  • Adjacent to a 458‑bed, multi‑service community hospital

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm Redbox Cinema Walgreens Pharmacy

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

38,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 86% Hotels & Casinos 7% Shops & Services 7%
Starbucks Dining
18,676 visits/mo 0.3 miles
Potbelly Sandwich Shop Dining
15,459 visits/mo 0.3 miles
Noodles & Company Dining
12,129 visits/mo 0.3 miles
Red Lobster Dining
9,773 visits/mo 0.5 miles
PNC Bank Shops & Services
4,464 visits/mo 0.3 miles

Demographics for 46321, IN

23,894
Population
9,786
Households
2.4
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
3,144
Density / Sq Mi
$105,764
Median Household Income
$57,796
Median Earnings
$1,480
Median Rent
$312,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drug store - Corner Walgreens with reported $3.7M in 2021 sales and strong daily traffic counts, adjacent to a 458-bed community hospital.
Where is this drug store located?
The property is located at 8930 Calumet Ave Munster, IN.
What are key features of this property?
This property features: Corner Walgreens with strong reported sales volumes, including over $3.7M in sales for 2021; High traffic location with over 38,000 vehicles per day; Adjacent to a 458‑bed, multi‑service community hospital
More about this property
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