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Truck Terminal with Secured Yard
For Lease
Contact for pricing

1500 Colfax Street, Gary, IN 46406

Fully lit, fenced, and zoned M-2 site with significant trailer parking and immediate lease space for trucking-related storage.

Space Size315,810 SF
Lot Size14.20 Acres
Days on Market96

Property Features for 1500 Colfax Street

General Information

Standard status Active
Size 315,810 SF
Net Rentable 315,810 SF
Lot size 14.20 Acres
Property subtype Land
Zoning M-2

Space & Availability

Available Space 315,810 SF
Available Land 7.25 Acres
Contiguous Space 315,810 SF
Space Use Truck Terminal
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Ground Lease Yes
Land Use trucking, transportation, equipment storage

Amenities

fully lit
secured
electronic gate
two points of ingress
yard space

Spaces For Lease

at 1500 Colfax Street Contact us

1500 Colfax Street, Gary IN

Type
Industrial
Term
Negotiable
Contact us
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Kelly Disser · License #475133590
Source: Hiffman
Added: Jun 2 Changed: Aug 14 Last Checked: Sep 5 at 4:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

A total 14.2-acre truck terminal property with fully lit grounds and a fenced, secured perimeter. The site features an electronic gate with two points of ingress and is currently configured for trucking transportation and equipment storage under existing zoning in place for that use. Significant yard space is available for trailer parking and material staging, supporting day-to-day logistics operations.

For lease, 7.25 acres are available immediately within the overall site. Approximately 4.87 acres are income producing and leased through 2033, creating an established operating footprint. Access is available via Cline Avenue and direct connectivity to I-80, I-90, I-94, and I-65, with additional access referenced through 15th and Colfax Streets.

This setup is well suited for trucking and transportation-related operators needing secured storage and room for trailer parking. The M-2 zoning and existing use alignment reduce lead time concerns for logistics tenants who prioritize yard efficiency, controlled access, and straightforward operational layout.

Key Highlights

  • 14.2‑acre site with 7.25 acres available for lease immediately
  • 14.87 acres income‑producing and leased through 2033
  • Fully lit, fenced, and secured with an electronic gate and 2 points of ingress

Property Analytics

Current Use

Colfax Parking Parking Lot & Garage

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Hair Salon Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 46406, IN

8,776
Population
3,938
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
81%
High-School Grad
13.5 sq mi
ZIP Area
650
Density / Sq Mi
$35,631
Median Household Income
$28,705
Median Earnings
$972
Median Rent
$86,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Truck terminal - Fully lit, fenced, and zoned M-2 site with significant trailer parking and immediate lease space for trucking-related storage.
Where is this truck terminal located?
The property is located at 1500 Colfax Street Gary, IN.
What are key features of this property?
This property features: 14.2‑acre site with 7.25 acres available for lease immediately; 14.87 acres income‑producing and leased through 2033; Fully lit, fenced, and secured with an electronic gate and 2 points of ingress
More about this property
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