1212 172nd St - Tribologik Labs

The DiSalvo | Bender | Nulf Group of Marcus & Millichap is pleased to present TriboLogik Labs, an exceptional investment opportunity located at 1212 172nd St, Hammond, Indiana. This single-tenant, industrial lab spans 8,568 square feet on a 1.50-acre lot, providing a specialized facility that serves the high-demand diagnostics industry. Constructed in 1986, TriboLogik Labs combines stable, long-term income with an asset class highly sought after in today’s market. Its strategic location within the Chicago metropolitan area further enhances its appeal, ensuring continued demand and growth potential.
WHY TRIBOLOGIK LABS?
This property offers an outstanding investment opportunity for investors seeking secure, stable returns. The Chicago MSA’s strength, combined with the quality of the tenant and the specialized facility, positions TriboLogik Labs as a reliable and lucrative investment. With a prime location and dependable income, this asset will appeal to investors looking for growth and consistent returns in a high-demand sector. TriboLogik Labs offers investors an excellent opportunity to own a single-tenant, industrial property in a high-demand location. This property’s attributes align to provide dependable returns and value stability, making it a prime addition to any investor's portfolio.
Market: Located in Hammond, Indiana, this property benefits from its proximity to the thriving Chicago metropolitan area, one of the nation’s most dynamic and diverse markets. TriboLogik Labs has strategically positioned itself within Northwest Indiana, a region benefiting from a significant migration of businesses and residents from neighboring Chicago. This shift is driven by Chicago’s rising costs and regulatory pressures, prompting many companies and individuals to seek out the more favorable economic conditions in Northwest Indiana.
As a result, Northwest Indiana has seen notable growth, with new businesses, industries, and residents contributing to its economic vitality and community development. This migration trend bolsters TriboLogik Labs' growth prospects by anchoring it in a dynamic area experiencing increased demand for commercial and industrial space, making the facility a prime asset within a burgeoning economic landscape.
Location: TriboLogik Labs is strategically situated in Hammond, Indiana, within the Chicago metropolitan area. This prime location benefits from excellent connectivity to major highways, providing convenient access to Chicago and surrounding areas. The property’s placement in the Chicago MSA offers significant exposure to one of the largest and most economically diverse markets in the United States, enhancing both its market appeal and its potential for long-term value appreciation.
Stable Current Tenant Mix: TriboLogik Labs serves as the sole tenant, providing specialized diagnostics within a facility tailored to its operational needs. With a secure lease structure and established business operations, the tenant presents investors with an attractive, stable income stream. As a key player within the medical diagnostics sector, TriboLogik Labs’ presence in this property underscores the long-term stability and growth potential of the asset.
TriboLogik Labs is a specialized diagnostics laboratory focused on providing advanced, reliable testing services within the fields of tribology and lubricant analysis. Known for its precision and innovation, TriboLogik Labs delivers comprehensive diagnostic solutions to clients across a range of industries, including automotive, manufacturing, and energy. These analyses are critical for predicting equipment health and maintenance needs, helping clients minimize downtime and extend the life of their machinery. TriboLogik Labs has earned a strong reputation for its expertise and state-of-the-art facilities, positioning it as a trusted partner in predictive maintenance and equipment reliability solutions.