4027 W Ridge Rd Gary, IN 46408

Building Details

Year Built

2019

Listing agency Latitude Commercial m***@latitudeco.com Show Phone

Listed by Milo Trkulja · License #IN #RB25001261 Show Phone

Source Latitudeco

Added: Apr 1 Updated: Jul 21 at 10:54PM Checked: Jul 21 at 10:54PM

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Investment Insights

Based on property information with market context.

This property is a warehouse that is 100% leased to a single tenant, with 24 months remaining on the current lease term. The tenant has two renewal options, each providing an additional two years. Under the lease structure, the tenant covers utilities, maintenance, and insurance, while the landlord covers real estate taxes.

The offering is positioned as a straightforward, income-producing warehouse asset with an active lease in place.

Key Highlights

• Single‑tenant warehouse built in 2019
• Currently 100% leased with 24 months remaining on the lease
• Tenant has two renewal options for 2 years each

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FAQs

What type of property is this?

Warehouse - Single-tenant warehouse currently 100% leased with 24 months remaining and two additional two-year renewal options.

Where is this warehouse located?

The property is located at 4027 W Ridge Rd Gary, IN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Single‑tenant warehouse built in 2019; Currently 100% leased with 24 months remaining on the lease; Tenant has two renewal options for 2 years each