Walgreens Retail
For Sale
Contact for pricing
Pending
3500 Central Ave, Lake Station, IN 46405
Single-tenant Walgreens located at a signalized intersection near Interstate 94 access.
Days on Market109
Property Features for 3500 Central Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Apr 13
Changed: Jul 21
Last Checked: Jul 30 at 12:54PM
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 Marcus & Millichap - Issenberg Britti Group
Investment Insights
Based on property information with market context.
This offering presents a Walgreens retail store for sale in Lake Station, Indiana. The property is operated as a single-tenant Walgreens location and is supported by a recent 15-year lease extension, indicating continued commitment to the site.
The store is situated near the Interstate 94 exit to Ripley Street and is located at the signalized intersection of Ripley Street and Central Avenue. The surrounding area includes nearby hospitals and medical centers, including Methodist Hospital Northlake Campus, Methodist Hospital Midlake, and North Shore Health Center.
As a Walgreens location, the property benefits from national brand recognition associated with Walgreens (NYSE: WBA).
The store is situated near the Interstate 94 exit to Ripley Street and is located at the signalized intersection of Ripley Street and Central Avenue. The surrounding area includes nearby hospitals and medical centers, including Methodist Hospital Northlake Campus, Methodist Hospital Midlake, and North Shore Health Center.
As a Walgreens location, the property benefits from national brand recognition associated with Walgreens (NYSE: WBA).
Key Highlights
- Single‑tenant Walgreens store at 3500 Central Avenue in Lake Station, Indiana
- Located at the signalized intersection of Ripley Street and Central Avenue
- About a quarter mile from I‑94 Exit to Ripley Street (104,586 vehicles per day)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 39%
Electronics 1%
Wendy's
Dining
15,058 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,107 visits/mo
0.1 miles
Dollar General
Shops & Services
6,909 visits/mo
0.1 miles
Long John Silver's
Dining
3,645 visits/mo
0.4 miles
Papa John's Pizza
Dining
2,593 visits/mo
0.3 miles
Demographics for 46405, IN
11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Amy J. Maxberry, PharmD — 2490 Central Ave, Lake Station, IN 46405
- Walgreens Pharmacy — 3500 Central Ave, Lake Station, IN 46405
- Mandy Antkiewicz — 3500 Central Ave, Lake Station, IN 464052271
- Angela Balfanz — 3500 Central Ave, Lake Station, IN 464052271
- COVID-19 Drive-Thru Testing at Walgreens — 3500 Central Ave, Lake Station, IN 46405
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens located at a signalized intersection near Interstate 94 access.
Where is this drug store located?
The property is located at 3500 Central Ave Lake Station, IN.
What are key features of this property?
This property features: Single‑tenant Walgreens store at 3500 Central Avenue in Lake Station, Indiana; Located at the signalized intersection of Ripley Street and Central Avenue; About a quarter mile from I‑94 Exit to Ripley Street (104,586 vehicles per day)
