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3451 W 37th Ave
Hobart, IN 46342

$2,172,230 USD

Freestanding For Sale  •  12,480 SF

Property Details

• Property Type Freestanding
• Total Building Size 12,480 SF
• Lot Size 2.47 AC
• Building Class B
• Year Built 2025
• Cap Rate 6.50 %
• Tenancy Single
• Zoning B-3

0 Transit Score

35 Walk Score

Highlights

Rare 5% primary term rental escalations

Positioned within the Chicago MSA

122,900+ people live within a 5-mile radius

NNN – No landlord responsibilities

Immediate access to I-65 (110,000 VPD) & I-94 (169,800 VPD)

Average household income within five miles is $64,104

Property Flyers

OM-DG-Market-Hobart-IN

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General	12,480 SF

Public Transportation

Commuter Rail	Drive	Walk	Distance
Miller (Gary) Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	11 min	-	6.6 mi
Gary Metro Center Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	14 min	-	8.7 mi
Airport	Drive	Walk	Distance
Chicago Midway International	54 min	-	35.8 mi