1601 W 25th Ave, Gary, IN

Listing agent Tony Anderson Show Phone

Listing office CBRE - El Segundo Show Phone

Listing date Apr 9, 2025

Source Moodyscre

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 CBRE - El Segundo

Report an issue

---

Overview

This property is leased to and corporately guaranteed by Walgreens Boots Alliance, the second-largest pharmacy retail chain in the United States. Walgreens specializes in filling prescriptions, health and wellness products, health information, and photo services. The company operates over 9,000 locations and has annual revenue exceeding $139 billion. The property is positioned next to a point of entry along Interstate-94, a vital transportation link connecting Chicago with nearby states and metros such as Milwaukee, Detroit, and Minneapolis. Interstate-94 sees daily traffic counts of 178,595 vehicles per day in this area. The property's sales performance consistently surpasses the national average for Walgreens. The Gary/Chicago International Airport is a 15-minute drive from the property. The airport is a joint civil-military public airport capable of serving general aviation, corporate, commercial, and cargo users. Located 25 miles from downtown Chicago, it is considered the third airport of the Chicago MSA.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Gary

County

Lake

State

Indiana

Longitude

-87.3568

Latitude

41.5727

Nearby Similar for Sale

• 

  $175,000

  2,160 SF

  1920s Commercial Building with Service Space

  A 1920s-era commercial building at 4007 Broadway offering flexible space for service, retail, or office conversion.

  4007 Broadway, Gary, IN 46409

  View Details
• 

  $200,000

  4,560 SF

  Gary, IN Commercial Property

  Commercial property operating as mechanic shop, suitable for automotive/industrial uses.

  1134 Virginia Street, Gary, IN 46407

  View Details
• 

  $499,900

  6,457 SF

  Gary Multifamily Investment Opportunity

  Six-unit multifamily property with redevelopment potential in Gary, Indiana.

  2315 Industrial Boulevard, Gary, IN 46407

  View Details
• 

  $1,400,000

  12,400 SF

  Industrial Building with Showroom

  12,400 SF industrial building with showroom and fenced lot.

  5200 Cleveland Street, Gary, IN 46410

  View Details
• 

  $560,000

  5,262 SF

  Commercial Garage Near I-80/94

  3.41 acre site with 5,262 SF building near I-80/94.

  2241 Hamlin Street, Gary, IN 46406

  View Details
• 

  $145,900

  2,607 SF

  Commercial Property in Miller District

  Commercial fixer-upper in Gary's Miller Business District.

  288 S Lake Street, Gary, IN 46403

  View Details
• 

  $89,900

  720 SF

  Retail/Office Space with Renovation Needs

  Compact retail/office property for sale, offered at a price reflecting needed updates and customization flexibility.

  508 S Lake Street, Gary, IN 46403

  View Details
• 

  $50,000

  2,003 SF

  Commercial Space Near Miller Beach

  Affordable commercial space near Miller Beach and South Shore station.

  912-18 Aetna Street, Gary, IN 46403

  View Details
• 

  $179,900

  Updated Duplex in Gary, Indiana

  Income-producing duplex with Airbnb setup, ideal for first-time investors.

  2023 Vermont Street, Gary, IN 46407

  View Details
• 

  $205,000

  1,270 SF

  Turn-Key Tavern Business Opportunity

  Fully operational tavern for sale with seating for 50 patrons.

  4489 Broadway, Gary, IN, 46409-1009

  View Details
• 

  $499,000

  11,553 SF

  Turnkey School/Special Purpose Building

  Operational 11,553 SF building on 12+ acres in Gary.

  1150 W 49th Ave, Gary, IN 46408

  View Details
• 

  $59,000

  800 SF

  Specialty Commercial Building

  For sale 800-square-foot specialty building on a busy street, suited for a new or existing business.

  2553 W 11th Avenue, Gary, IN 46404

  View Details

FAQs

What type of property is this?

Drug store - Walgreens investment property with robust sales and high visibility.

Where is this drug store located?

The property is located at 1601 W 25th Ave Gary, IN.

What is the asking price?

The asking price for this property is $3,670,000.

What are key features of this property?

This property features: Corporate guarantee from Walgreens Boots Alliance, a top 10 US retailer with $139B+ annual revenue.; Robust sales performance consistently above the national average for Walgreens.; Located next to Interstate‑94, with high traffic counts of 178,595 vehicles per day.