24 Marble St 399,000 SF 100% Leased 5-Star Industrial Building Hammond, IN 46327 For Sale
INVESTMENT HIGHLIGHTS
- Brand new (2023) 399,000 SF manufacturing/distribution/warehouse facility for sale in Northwest Indiana, directly along the Indiana/Illinois border
- Existing zoning accommodates for virtually any user
- The building features rail access to all call 1 railroads via the Indiana Harbor Belt Railroad
- New commuter retail stations located just four (4) blocks from the property
EXECUTIVE SUMMARY
Brand new (2023) 399,000 SF industrial distribution/warehouse for sale located at 24 Marble Street in Hammond, Lake County, Indiana. The brand new facility was constructed in December, 2023 and offers prospective Tenants an opportunity to join a highly accessible property in an excellent location, 20 miles southeast of Downtown Chicago. Located directly along the Indiana/Illinois border, the property provides direct access to the Indiana Harbor Belt Rail Road, featuring unique, yet convenient distribution access to one of the country's busiest railroads. Located approximately four (4) blocks south of the new commuter rail station, less than one (1) mile south of Interstate-90, and approximately three (3) miles north of Interstate-94/Interstate-80. The building's convenient location not only provides easy access for employees, but also offers Tenants direct distribution access to O'Hare International Airport and Midway Airport. Additionally, the property features 32' clear height, unlimited power (per user request), 20 docks, two (2) overhead doors, 166 surface level parking spaces (0.75 spaces/1,000 SF) and several local economic incentives in the aggressive Indiana business climate. The property is also within two (2) miles of the Walmart and FedEx distribution facilities representing the desire by credit users to occupy space in the sub-market.
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 23.00 AC |
| Rentable Building Area | 399,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 0.42/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 62 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I - Industrial |
AMENITIES
- Fluorescent Lighting
UTILITIES
- Lighting
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The property features 32' clear height, unlimited power (upon Tenant request), 20 docks, two (2) overhead doors, 166 surface level parking spaces (0.75 spaces/1,000 SF) and several local economic incentives in the aggressive Indiana business climate. Lastly, the property is also within two (2) miles of the Walmart and FedEx distribution facilities representing the desire by credit tenants to lease space in the sub-market.
| Space | Size | Space Use | Condition | Available |
| Ground | 150,000-399,000 SF | Industrial | Shell Space | 120 Days |
Ground
| Size |
| 150,000-399,000 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| 120 Days |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,096,800 | |
| Land Assessment | $2,520,300 | Total Assessment | $14,617,100 |
CONTACTS
-
Zack Pearlstein -
Matt Tarshis -
Andrew Rubin -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
