Self-Storage Facility
Northwest Indiana Self-Storage Development Opportunity
8600 E 37th Ave, Hobart, IN 46342
Listing Price: $1,000,000
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
Broker of Record
Self-Storage Facility
Northwest Indiana Self-Storage Development Opportunity
Listing Price: $1,000,000
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
Broker of Record