4027 W Ridge Rd - Warehouse FOR SALE


Gary, IN 46408
$1,500,000 USD
219-306-3728
4027 W Ridge Rd, Gary, IN for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/6
null | 6.18% Cap Rate

4027 W Ridge Rd
Gary, IN 46408


HIGHLIGHTS

  • Located on West Ridge Road in Gary, IN, within a well-established industrial hub.
  • Surrounded by a diverse mix of manufacturing and distribution facilities.
  • Excellent transportation access with close proximity to major highways and rail lines.
  • Near Steel City Industrial Park and Gary/Chicago International Airport.
  • 100% leased warehouse providing immediate income.

OVERVIEW

Subject property is located on West Ridge Road in Gary, IN. The area surrounding the location is recognized as an industrial hub, hosting a diverse range of established manufacturing and distribution facilities. With close proximity to major transportation arteries, including highways and railways, the location offers seamless connectivity for logistical operations. Nearby, Steel City, a prominent industrial park, and the Gary/Chicago International Airport further enhance the business-friendly environment. The area's industrial prowess is supported by a robust network of suppliers, service providers, and a skilled labor force, creating an advantageous ecosystem for industrial, warehouse, and distribution tenants seeking a strategic base for their operations. 100% leased out warehouse, with 24 months left on lease. Tenant has two renewal options of (2) years each. Tenant covers all utilities, maintenance, insurance. Landlord covers RE taxes.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,333

ZONING

B-2

APN/PARCEL ID

45-08-30-176-002.000-001,45-08-30-176-003.000-001,45-08-30-176-004.000-001

ASK ABOUT THIS PROPERTY

Milo TrkuljaLatitude CommercialMore Info
219-306-3728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Milo TrkuljaLatitude CommercialMore Info
219-306-3728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.