Skip to main content

Self-Storage Facility

Cedar Lake, Indiana Self-Storage Development & Flea Market

15205 Wicker Ave, Cedar Lake, IN 46303

Listing Price: Request For Offer

Number of Units
482
Rentable SF
136,500
Year Built
1978

Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to present the Cedar Lake, Indiana Self-Storage Development and Flea Market. This offering includes a strong cash flowing flea market business, and the property is poised for the synergistic addition of self-storage on the vacant land. The property offers an existing 58,000 rentable square feet in flea market lots and is situated on 20 acres. The self-storage development plans propose +/- 78,500 total rentable square feet of storage. Proper zoning was recently obtained and site plans have been submitted for approval. The current site plan adds 15 drive-up self-storage buildings (+/- 60,750 SF) and 71 portable units (+/- 17,750 SF). An approved site plan will be delivered prior to closing and new owners would need to obtain the construction permits before breaking ground on the self-storage addition.

Investment Highlights

  • Self-Storage Development Opportunity in a Rapidly Growing Market
  • Includes an Existing Cash Flowing Flea Market Business
  • Strong Investment Returns
  • +/- 14,483 Vehicles/Day on US-41

Exclusively Listed By

  • Jeffrey L. Herrmann

    Vice President Investments

    (630) 570-2223

    Email Jeffrey

    License(s): IL: 475.176916

    Chicago Oak Brook

  • Sean M. Delaney

    Senior Managing Director Investments

    (630) 570-2267

    Email Sean

    License(s): IL: 475.141529, WI: 77902-94

    Chicago Oak Brook

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Self-Storage Facility

Cedar Lake, Indiana Self-Storage Development & Flea Market

Listing Price: Request For Offer

Number of Units
482
Rentable SF
136,500
Year Built
1978

Investment Highlights

  • Self-Storage Development Opportunity in a Rapidly Growing Market
  • Includes an Existing Cash Flowing Flea Market Business
  • Strong Investment Returns
  • +/- 14,483 Vehicles/Day on US-41

Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to present the Cedar Lake, Indiana Self-Storage Development and Flea Market. This offering includes a strong cash flowing flea market business, and the property is poised for the synergistic addition of self-storage on the vacant land. The property offers an existing 58,000 rentable square feet in flea market lots and is situated on 20 acres. The self-storage development plans propose +/- 78,500 total rentable square feet of storage. Proper zoning was recently obtained and site plans have been submitted for approval. The current site plan adds 15 drive-up self-storage buildings (+/- 60,750 SF) and 71 portable units (+/- 17,750 SF). An approved site plan will be delivered prior to closing and new owners would need to obtain the construction permits before breaking ground on the self-storage addition.

Exclusively Listed By

  • Jeffrey L. Herrmann

    Vice President Investments

    (630) 570-2223

    Email Jeffrey

    License(s): IL: 475.176916

    Chicago Oak Brook

  • Sean M. Delaney

    Senior Managing Director Investments

    (630) 570-2267

    Email Sean

    License(s): IL: 475.141529, WI: 77902-94

    Chicago Oak Brook

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

MM Texture Background
MM Textured Background Lower