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.