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Self-Storage Facility

Northwest Indiana Self-Storage Development Opportunity

8600 E 37th Ave, Hobart, IN 46342

Listing Price: $1,000,000

Occupancy
86.7%
Rentable SF
66,320
Price/Rentable SF
$15.08
Year Built
2026

Investment Overview

Marcus & Millichap is pleased to present the Hobart, Indiana Self-Storage Development Opportunity for a modern self-storage facility featuring both climate and non-climate-controlled units. Site plan approval was granted in July 2019. Construction design release was approved in April 2020, which has since expired.

The proposed project benefits from strong market fundamentals, a strategic location near I-65 and US-30, along with proximity to residential, retail and educational hubs - positioning it well for future development.

Hobart's diverse and growing economy - anchored by healthcare, education, retail and light industry combined with a steadily expanding housing market, makes this a promising opportunity for investors targeting self-storage demand in Northwest Indiana.

Investment Highlights

  • Strategic Location Near I-65 & US-30 | ± 40 Miles from Chicago Metro
  • High Traffic Counts ± 25,153 VPD at E Ridge Rd & N County Line Rd ± 23,651 VPD at E Ridge Rd & N Hobart Rd
  • Strong Demographics
  • Surrounding Demand Drivers Include Nearby Retail Centers, Residential Communities, Colleges & Parks

Exclusively Listed By

  • 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

    Broker Of Record

    (317) 218-5300

    License(s) RB14034355

    Indiana

Self-Storage Facility

Northwest Indiana Self-Storage Development Opportunity

Listing Price: $1,000,000

Occupancy
86.7%
Rentable SF
66,320
Price/Rentable SF
$15.08
Year Built
2026

Investment Highlights

  • Strategic Location Near I-65 & US-30 | ± 40 Miles from Chicago Metro
  • High Traffic Counts ± 25,153 VPD at E Ridge Rd & N County Line Rd ± 23,651 VPD at E Ridge Rd & N Hobart Rd
  • Strong Demographics
  • Surrounding Demand Drivers Include Nearby Retail Centers, Residential Communities, Colleges & Parks

Investment Overview

Marcus & Millichap is pleased to present the Hobart, Indiana Self-Storage Development Opportunity for a modern self-storage facility featuring both climate and non-climate-controlled units. Site plan approval was granted in July 2019. Construction design release was approved in April 2020, which has since expired. The proposed project benefits from strong market fundamentals, a strategic location near I-65 and US-30, along with proximity to residential, retail and educational hubs - positioning it well for future development. Hobart's diverse and growing economy - anchored by healthcare, education, retail and light industry combined with a steadily expanding housing market, makes this a promising opportunity for investors targeting self-storage demand in Northwest Indiana.

Exclusively Listed By

  • 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

    Broker Of Record

    (317) 218-5300

    License(s): RB14034355

    Indiana

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