Industrial Building for Lease

3803 E. Lincoln Highway, Hobart, Indiana 46342

  • Property Subtypes Mixed Use , Other , Warehouse/Distribution
  • Gross Building Area 41,622 SF
  • Building Status Existing
  • Min/Max Available Space 0 Sf
  • Class of Space N/A
  • Total Land Size 8.28 Acres
  • Cap Rate Undisclosed
  • Last Updated 3/31/2020
  • Status active

Overview / Comments

This is a high-quality precast masonry constructed, building with steel interior framing and a decorative office area. The building currently has three tenants occupying 20,000 SF of the warehouse with 8,000 SF warehouse open. The 28,000 +/- warehouse features 28’ clear and is equipped with 800 amp, 277/480 volt, 3 phase/4 wire electric, 7 recessed truck docks (8’x10’) and 6 pickup doors, 6’x7’ drive in doors, men’s and women’s restrooms. At the south end of the warehouse are two story offices 2,187 SF +/- with shipping office, break room, 2 large offices and 1 restroom. 8.63 acres with 2 +/- acres to the south of the building, suitable to be fenced in. 2017 pay 2018 taxes $51,991.00 ($1.25/SF), Insurance/snow/misc. ($0.35/SF) for total NNN $1.60/SF. This property is located south of U.S. Highway 30 on the west side of Utah Street, ¼ mile east of Colorado Street just 2 miles east of the I-65/U.S. Highway 30 interchange and 6 miles south of I-80/94 interchange. Close proximity to other light industrial businesses, professional offices and 6 million square feet of retail to include Avalon Manor, Walmart, Sam's Club, Big Lots, Target, Home Depot, Olive Garden and Cooper’s Hawk which is anchored by The Southlake Shopping Mall and much more. The building is somewhat viewable from US Highway 30. See attached Why Indiana! IEDC State marketing for all the great reasons to consider the move or expansion to this property.

Additional Details

  • Tax ID/APN 45-12-24-302-006.000-046
  • Property Visibility N/A
  • Total Number of Buildings 1
  • Year Built 1980

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