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Walgreens Drug Store with New Roof
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770 Joliet St, Dyer, IN 46311

Corporate-guaranteed retail property positioned near a major healthcare campus and surrounding medical offices.

Property SizeContact for details
Days on Market145

Property Features for 770 Joliet St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:51AM

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 Walgreens drug store benefits from a renewed tenant commitment that includes a 15-year extension, a preferred five-year option structure, and Walgreens Corporate Guaranty. The property also has a new roof, adding a recently completed building improvement to the offering.

The store occupies the strategic corner of Calumet Ave and Lincoln Hwy in Dyer, Indiana, where traffic counts are close to 60,000 cars per day. Franciscan Health maintains a strong presence in the trade area, with its campus located down the street and anchored by Saint Margaret Mercy Hospital. Numerous medical offices surround the property, while Dyer is positioned less than 30 miles from Downtown Chicago.

Key Highlights

  • 15‑year Walgreens lease extension
  • Walgreens Corporate Guaranty
  • New roof

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Auto Parts Store Garden 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.

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 45% Beauty & Spa 2%
Texas Roadhouse Dining
28,525 visits/mo 0.1 miles
Speedway Shops & Services
18,999 visits/mo 0.4 miles
Speedway Shops & Services
14,372 visits/mo 0.2 miles
Exxon Shops & Services
7,428 visits/mo 0.3 miles
SUBWAY Dining
6,112 visits/mo 0.1 miles

Demographics for 46311, IN

22,431
Population
9,128
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
1,780
Density / Sq Mi
$109,167
Median Household Income
$58,332
Median Earnings
$1,221
Median Rent
$300,000
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
Rey
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  • Priscilla Stephan 770 Joliet St, Dyer, IN 463111720

Frequently Asked Questions

What type of property is this?
Drug store - Corporate-guaranteed retail property positioned near a major healthcare campus and surrounding medical offices.
Where is this drug store located?
The property is located at 770 Joliet St Dyer, IN.
What are key features of this property?
This property features: 15‑year Walgreens lease extension; Walgreens Corporate Guaranty; New roof
More about this property
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