1302 W State Road 2 | La Porte, IN 46350
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1302 W State Road 2
La Porte, IN 46350
Walgreens | Rare Rental Increase · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated as an outlot to a 221,000+ sq./ft shopping center and sits on the signalized, hard-corner intersection directly along La Porte’s main road
- The lease calls for a 9.53% rental rate increase beginning in 2026 through the remainder of the lease term
- Walgreens has been operating at this location since 1999.
- Subject Property is in close proximity to La Porte's Hospital
- Walgreens has previously exercised an early renewal at this location, demonstrating strong site performance and commitment to this location.
- The Subject Property is shadow-anchored by a new Rural King.
PROPERTY FACTS
Property Type
Retail
Building Size
15,120 SF
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.31 AC
PROPERTY TAXES
| Parcel Number | 46-10-02-154-008.000-043 | Improvements Assessment | $1,158,900 |
| Land Assessment | $154,000 | Total Assessment | $1,312,900 |
PROPERTY TAXES
Parcel Number
46-10-02-154-008.000-043
Land Assessment
$154,000
Improvements Assessment
$1,158,900
Total Assessment
$1,312,900
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