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    1548 Cline Ave Gary, IN 46406

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    1548 Cline Ave Gary, IN 46406


    • Warehouses
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jims Truck And Trailer / Auto Repair Shop

    Property Details for 1548 Cline Ave

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 8,000-square-foot warehouse, part of a larger 24,000-square-foot industrial building, is perfectly situated at the intersection of Cline Avenue and 169th Street, offering convenient access to the I-80/94 Expressway. The property boasts three 14' x 14' overhead doors, providing ample access for loading and unloading. Inside, you'll find a 16' ceiling height, ideal for storing a variety of goods. The space includes two offices, a bathroom, and essential utilities such as furnaces and lighting. Electrical service is 120/240-volt single phase. The monthly rent of $6,887 includes CAM charges of $1,533.33 ($2.30/SF). A security deposit equal to one month's rent is required. The lease is a net lease (NN) with a three-year term and a 2.5% annual rent escalator. All utilities are the tenant's responsibility. The property is zoned industrial and enjoys a strategic location near prominent businesses such as Grainger, Schneider National Truck, and a D.O.T. Urgent Care & drug testing facility. This warehouse presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located industrial space in Gary, Indiana, with a zip code of 46406. The building dimensions are 50' x 160'.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.4315
    Latitude
    41.5871
    More about this property
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