Hammond, IN Redevelopment

1828 165th St. Hammond, IN 46320

1828 165th St., Hammond, IN, 46320
1828 165th St., Hammond, IN, 46320
FOR LEASE
Property Type:
Free Standing Building
Last Verified:
May 29, 2020

Highlights

  • New Redevelopment in Hammond, IN
  • Spaces range from 11,500 SF and up
  • Next to a brand new $18M Sportsplex built by the City of Hammond
  • 1 Mile from 80/94 & Indianapolis Blvd Interchange
  • Shared Loading Dock in the back
  • Over 125,000 within 10 Minute Drive of Site

Description

Great opportunity to locate in a very strong retail area that is difficult to get into. Great population density, good medium incomes, as well as very limited competition have always made for great historic sales in this smaller retail section of Hammond. Menards recently upgraded their store 1/2 mile away, Walmart's sales were strong enough that they upgraded to a Super Walmart down the road, and Hammond just built a $18M Sports Complex adjacent to the site. Nearby retailers include Home Depot, Menards, Food 4 Less, Cabela's, Super Walmart. Spaces range from 11,500 SF and up

Located just 1 mile north of 80/94 off the Indianapolis Blvd exit. This is one of the busiest signalized intersection in Hammond. The property is adjacent to the City of Hammond's new $18M Sports Complex.

Hammond is a city in Lake County, Indiana, United States. It is part of the Chicago metropolitan area. First settled in the mid-19th century, it is one of the oldest cities of northern Lake County. As of the 2010 United States census, it is also the largest in population: the 2010 population was 80,830, replacing Gary as the most populous city in Lake County. From north to south, Hammond runs from Lake Michigan down to the Little Calumet River; from east to west along its southern border, it runs from the Illinois state line to Cline Avenue. The city is traversed by numerous railroads and expressways, including the South Shore Line, Borman Expressway, and Indiana Toll Road.


Year Built: 2000
Building Size: 145554.0sq ft
Lot Size: 11.27 acres

Units for Lease

A
Space Available: 22000 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0
B
Space Available: 30000 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0
C
Space Available: 13700 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0
D
Space Available: 11500 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0
F
Space Available: 16300 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0

Map of 1828 165th St., Hammond, IN, 46320

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.