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: $589,000
Unit Price: $261,777 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2017

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 are 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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