61 E Ridge Rd | Gary, IN 46409
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- LoopNet Team
61 E Ridge Rd
Gary, IN 46409
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate-Guaranteed Double-Net Lease
- Adjacent to the Intersection of Broadway and East Ridge Road — 21,600+ AADT
- Within a Mile of Indiana University Northwest and Ivy Tech Community College
- 29 Percent Rent Increase in Renewal Option 2, Followed by 10 Percent Increases in Options 3 and 4, Concluding With a 5 Percent Increase in Renewal Opt
- Only a Mile Away From Interstate 65
- Nearby Retail Includes McDonald’s, AutoZone Auto Parts, Dunkin’ and CITGO
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,460 SF
Building Class
C
Year Built/Renovated
1931/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.64 AC
Zoning
GENERAL RETAIL - County Use Code Desc. GENERAL RETAIL
Parking
37 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 45-08-27-106-023.000-004 | Improvements Assessment | $786,500 |
| Land Assessment | $49,700 | Total Assessment | $836,200 |
PROPERTY TAXES
Parcel Number
45-08-27-106-023.000-004
Land Assessment
$49,700
Improvements Assessment
$786,500
Total Assessment
$836,200
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