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    Hobart, IN
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    Hobart, IN NNN Properties for Sale

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    Lake Station, IN Portage, IN Crown Point, IN Valparaiso, IN Burns Harbor, IN Griffith, IN Schererville, IN
    Street Retail Building with Parking
    Updated: Jul 19
    Street Retail Building with Parking

    1500 West 37th Avenue, Hobart, IN 46342

    $495,000
    2,400 sqft
    2,400 SF retail building offered at $495,000; available for lease at $18/SF NNN
    Drive‑in door previously used for auto detailing
    Adjacent gravel lot with build‑to‑suit option
    18 paved parking spots on site
    Billboard lease in place for additional income
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    Rainstorm Express Car Wash
    Updated: Sep 22
    Rainstorm Express Car Wash

    8585 East 37th Avenue, Hobart, IN 46342

    Contact for pricing
    5,904 sqft 2.63 AC lot
    5,904 rentable square feet of building space
    Estimated 2.63‑acre parcel
    20‑year NNN lease commenced 12/22/2020
    Scheduled annual rent increases of 2.00%
    Located at 8585 East 37th Avenue in Hobart, IN 46342
    View details
    See hot listings in Hobart

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7 Brew Drive-Through Restaurant
    7 Brew Drive-Through Restaurant

    6283 US Hwy 6, Portage, IN 46368

    $1,951,220
    510 sqft

    The property includes dual drive-through lanes and a 15-year NNN ground lease.

    View details
    Walgreens Absolute NNN Property
    Walgreens Absolute NNN Property

    2500 Grant Street, Gary, IN 46404

    $2,818,740
    14,820 sqft

    Walgreens property with tenant-funded taxes, insurance, maintenance, and structural repairs.

    View details
    Two-Tenant Medical Center
    Two-Tenant Medical Center

    4802 N. Broadway, Gary, IN 46408

    Contact for pricing
    13,125 sqft

    Two-suite healthcare property with established occupancy and additional leasable space.

    View details
    Hooters Absolute NNN Property
    Hooters Absolute NNN Property

    1665 Olmstead Dr, Portage, IN 46368

    $2,980,000

    Built in 2017 for the restaurant brand, the single-tenant property has scheduled rent increases and four five-year renewal options.

    View details

    Hobart, IN Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 8,304 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for triple net lease properties in Hobart, IN average $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.2%
    Median Household Income $72,163
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Hobart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46342 $495K

    Taxes & Financing

    Tax Rate (average for all types) 3.17%
    Property Tax per SF $56.09 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hobart fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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