4027 W. Ridge
Industrial | 6.18% CAP | 9,600 SqFt
Marketing description
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 cover RE taxes.
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.
Investment highlights
- 24 Ft Ceilings
- Three phase-800-amp service installed
- (2) Year Lease, with two, (2) year renewals and 3% escalations
- Two overhead doors, 16 wide by 18 high
- Crane footers installed for up to 10-ton crane
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
