2801 W 5th Ave | Gary, IN 46404
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- LoopNet Team
2801 W 5th Ave
Gary, IN 46404
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Family Dollar With 10% Rental Increase in Primary Term
- All Stone/Masonry Construction Building
- 1.38 Acre Corner Lot Along W 5th Ave and Wabash Ave (Combined 23,000+ VPD)
- Previous Walgreens Building - Location was Redeveloped in 2021 and Family Dollar Signed 10 Year Lease
- Strong Fundamentals for Dollar Store Location - High-Density Location Within 1-Mile of Location (7,300 1-Mile Population)
- Very Low Occupancy Cost - Only Paying $5.85/PSF in Rent
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.37 AC
Zoning
C
Parking
24 Spaces
PROPERTY TAXES
| Parcel Number | 45-08-05-306-005.000-004 | Improvements Assessment | $1,354,700 |
| Land Assessment | $48,000 | Total Assessment | $1,402,700 |
PROPERTY TAXES
Parcel Number
45-08-05-306-005.000-004
Land Assessment
$48,000
Improvements Assessment
$1,354,700
Total Assessment
$1,402,700
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