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4027 W Ridge Rd
Gary, IN 46408
Industrial Property For Sale
Investment Highlights
- Located on West Ridge Road in Gary, IN, within a well-established industrial hub
- Excellent transportation access with close proximity to major highways and rail lines
- 100% leased warehouse providing immediate income
- Surrounded by a diverse mix of manufacturing and distribution facilities
- Near Steel City Industrial Park and Gary/Chicago International Airport
Executive Summary
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.
100% leased out warehouse, with 24 months left on lease. Tenant has two renewal options of (2) years each.
Property Facts
| Sale Type | Investment | Lot Size | 0.88 AC |
| Cap Rate | 8% | Rentable Building Area | 9,600 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2019 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.88 AC |
| Rentable Building Area | 9,600 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| No. Drive In / Grade-Level Doors | 2 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $906,900 | |
| Land Assessment | $42,000 | Total Assessment | $948,900 |
Property Taxes
Parcel Numbers
Land Assessment
$42,000
Improvements Assessment
$906,900
Total Assessment
$948,900
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