US 30 Outlot in Dense Retail Corridor

Vacant Land for Sale
Catylist Listing ID: 30028703
Property Subtypes: Retail-Pad
Gross Land Area: 2.25 Acres
Sale Price: $649,000
Unit Price: $288,444 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2017

Overview / Comments

Come join Tractor Supply Company's newest NWI location. Recently subdivided larger 5.4 acre parcel allowing for a 2.25 acre out lot. Great visibility, high traffic counts, service road in place. Minutes to the I-65 interchange with US Hwy. 30. In the heart of the Hobart/Merrillville high density retail corridor.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Property Visibility: Excellent
Feet of Frontage: 196
Traffic/Vehicle Count: 38,000
Highway Access: Numerous curb cuts from service road and full movement median cuts onto US 30.
Site Description: Level 196' x 378' out lot. 20' drainage easement on west of subject. On site detention and access road off of frontage road will be in place. Net acreage post detention sits at 1.77 acres.
Area Description: High density retail; Southlake Mall with Sears, Macy's, Dick's Sporting Goods, J.C. Penney's. Other retailers include Sams Club, Wall-Mart, Pier 1, Home Depot, Costco, Kohls and others. Auto dealerships include Honda, Nissan, Audi/VW, Toyota and others.
Lot Frontage: 196
Lot Depth: 378
Zoning Description: B-3, Highway Oriented Commercial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,660 94,802
Median Age: 40.78 38.3
Households: 5,504 36,365


Photograph of Listing Agent

Michael Siwietz

McColly Bennett Commercial
Not a member of ICEx
Photograph of Listing Agent

Jeff Bennett

McColly Bennett Commercial LLC
ICEx Member
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